tv MONEY With Melissa Francis FOX Business July 24, 2013 5:00pm-6:01pm EDT
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have made some headway there. david: not only zuckerberg and company but also other companies dealing with the internet in the switch to mobile. we'll see if they can make it. liz: money with melissa francis is next. have a great night. >> i'm melissa francis and here's what's "money" tonight. how do you define wealth? you won't believe what a national survey reveals that it takes for many americans. are we completely out of touch with reality? we have a morn any power panel to weigh in. i'm wearing money green so i'm ready. plus the world's first intelligent home security system. why does it make we want to hide under my bed? it could be hackers and the nsa's new best friend. we'll talk to the company's ceo. who made money today. at long last they may finally be getting their groove back. stay tuned to find out who it is. even when they say it's not it is always about money
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>> there is an epa gasoline mandate that is bad news because it divert crops from food production to ethanol and it could raise food prices too. that is bad news for drivers because higher ethanol means lower gas mileage. and aaa says too much ethanol could cause engine damage that's not covered under warranty. and that's good news for me. >> so that is the ad that is causing a big battle between two industry giants, aaa and the american petroleum institute, api. it centers around a fuel additive we told you about on "money." e 15. both groups said it can damage cars if you use it. they created the commercial. aaa is backtracking big-time. they want the ad pulled. as they find it out what should you put in your car? with me is api president and
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ceo, jack girard. jack, are you surprised by the move from aaa? >> that is interesting, only people we've heard is small aaa group out in south dakota heavily influenced by the corn industry. just yesterday the head of aaa testified in the house that e15 still a problem and likely auto manufacturers will not warranty their cars if they use that fuel that we're now potentially being forced to blend, to provide to consumers. melissa: although, they have put out a statement and they said that aaa continues to have concerns about e15 causing confusion for motorists and potential for this blend to damage certain vehicles but api's ad campaign appears to focus on the elimination of the renewable fuel standard, a position aaa does not share and aaa was not consulted the regarding of use of its brand in this campaign. how do you respond to that? >> well in this context, melissa, we don't suggest aaa
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supports the repeal of the renewable standard. melissa: but they say it makes it feel like that. that the statements you put out saying aaa says this can ruin your car and you shouldn't use it, they feel like their name is being used for something they don't agree wit. they don't necessarily think e15 is a detriment. a lot of people don't understand it can only go in certain cars. until there is clarity it shouldn't be out there. it is a little bit different. they are not exactly saying, kind of what you said they were saying? >> well two things, melissa. they testified again just yesterday saying e15 is a real problem. in fact their public statements say it should be pulled off the market until there's adequate research and testing to make sure it doesn't do damage to consumers specifically to cars. but the other thing i would add is we have not heard from aaa about this. so in some ways this is a lot of tempest in a teapot. there are a lost other people out there that would like to drive a division between us, aaa
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and others but the reality is, we're all expressing serious concerns about this government mandate that's going to push us in an area that will put our cars at risk, drive up consumer costs and potentially have a lot of adverse impacts on consumers. melissa: we did ask aaa to come on this program and clarify their position and they decline the opportunity to do that. and as you said, 13 manufacturers have stated that the use of e15 may void the warranty coverage. i think aaa's point is, they stand behind the use of the other ethanol blends. they're talking about e 15 but, e-10 is a fuel now contained in 90% of the gas that is sold out there. they don't have any problem with that. e-85 is a fuel specifically designed for flex vehicles. they have no problem with that. so they feel like, it seems, that this idea of them being worried about consumers not understanding what e15 being
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conflated into a larger argument that all ethanol is bad. >> and i does with that, melissa. and the reason i would, because it sound like we're exactly where aaa is on the all issues. melissa: okay. >> e10 what we blend today, that has been approved for all automobiles. that is why it is being consumed in the market today. unfortunately the government mandate pushes us through what is called the blend wall and will now compel us to blend more @han e10. that is where we and aaa share the view, this is not good for consumers because cars have not been built to run on e15. in some ways there might be nuances of slight variation. melissa: okay. >> the reality is we all agree this is a problem. melissa: those in the biofuel industry attack a certain study a lot of people out there are using an point to that is different from the department of energy study. it is by the crc. it talks about how dangerous e10 or e15 specifically are to cars.
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they say the proper control groups were not used. but you and other groups continue to quote this study saying it damages cars. how do you respond to that? >> one of the great on ronnies, melissa, the department of energy and epa were original founders of framework and protocols we used in that study. what is interesting about it part of the doe assigned to work with us actually wrote part of that study. if some of our critics are saying it is not an adequate study or doesn't reflect clearly what the problem is, it is doe criticizing doe. the bottom line the study shows you put cars ad risk, the both fuel systems and durability of thighs engines iffyou use fuels that have not been adequately tested. one other input here that's very important. the canimportant arrow sources board, california has never been viewed as a non-progressive state, they have come out and said we will knot authorize e15
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until it is further studied and we believe that will take a number of years. so there are many people raising the same concerns we are. so this is a real problem. melissa: thank you, jack. >> thank you,. melissa: we emphasized again, invite aaa to come on the show. we extend the invitation to them to clarify their position if they disagree with anything epi is saying. natural gas rig in the gulf of mexico partially collapsed it is still burning. it engulfed the rig after the gas well ruptured last night. there were 44 people on board. they were all evacuated before the fire began. the rig is owned by hercules offshore. u.s. coast guard and firefighting vessels are scrambling to try to contain the blaze. local officials say they don't believe the natural gas leak will be anywhere as damaging as the 2010 bp oil shell which occurred in the same area. no sheen is observed anywhere
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around this rig. next on "money," how much money do you need to consider yourselves wealthy? the results of a nationwide survey has been revealed. americans are not shortchanging their answers. our "money" power panel weighs in on the eye-popping numbers. detroit's bankruptcy gets a green light to proceed. john stossel is here with what it will take to pull detroit out of its financial abyss. more "money" coming up. ♪ she knows you like no one else. and you wouldn't have it any other way. but your erectile dysfunctn - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain,
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♪ melissa: waiting for the chips to fall. our own charlie gasparino has been reporting it for weeks. now "the wall street journal" is reporting that criminal charges for sac capital are coming tomorrow. the justice department is expected to charge the 15 billion-dollar hedge fund with criminal wrongdoing. it centers on alleged insider trading at sac from 2006 to 2008 but steve cohen, the head of sac, is not expected to face criminal charges personally. one ominous historical fact to keep in mind. no major financial firm has ever survived criminal charges before. of course, we're going to bring
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you all the latest news on this case as it develops. so how do you define wealthy? million dollars? 10 million bucks? just having enough to pay your bills at the end of every month? according to new research from ubs the majority of investors say wealthy means $5 million with at least a million of that in cash. ah, something to strife for i guess. when it comes down to it, wealthy means something different for everyone and a lot of it may be just perspective i think. let's get some from our power panel. scott martin, from united advisors and jonathan hoenig from capitalist pig and a fox news contributor. welcome to both of you. jonathan, let me start with you. 70% of people with million dollars in assets don't think they're wealthy. what do you think about that? >> melissa, a million bucks ain't what it used to be. a million dollars today is really the equivalent of $750,000 if you go back to look at what a million dollars was even 10 or 12 years ago. we think of one million dollars,
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or one million dollars. hilariously remembered being this fantastic amount of money but given how much the value of a dollar has fallen and prices have risen, a million bucks ain't what it used to be, it is two, five, even 10 now is the new definition of what wealthy is. melissa: scott a lot of people tweeted in, and we saw a huge response on twitter about this and a lot of great answers from people. a lot of people said it very much depend where you live. that's the true, right? >> and perspective melissa, too. if you grew up and your parents had two cars and a summer home in cape cod and you went to a private school, whatever you associate with having a lot of money when you grow you probably don't feel rich unless you have that same luxury when you're an adult and i think your comment on perspective is totally right. don't forget, too, when the markets acts friskilyp or poorly you feel different about future value of cash and investments.
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>> right. >> in 09 and 10, i'm sure people said a couple million bucks isn't going to be so great. now that the market is getting better, jobs are coming back, maybe $2 million is looking better because the future value could be higher. >> i want to bring in psychologist jeff guard tear -- gardere will join us as well. we're talking about a lot about the dollar figure what the ubs stud focused, one million, five million. so much it as guys were saying is perspective. is it about, you know, paying all your bills and at the end of the month not feeling stressed about that? or is it about having a more lavish lifestyle than how you grew up? what do you think? how do people feel? >> i think people have really changed their perceptions about wealth these days. melissa: yeah. >> i can tell you that i work with a lot of college professors where i teach at the college of medicine. a lost physicians and for them, wealth is being able to pay your bills, put your kids through college and no matter where the
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market goes, you're still comfortable enough to know that at some point you may retire, or, that you will have tenure or have a job for the rest of your life as long as you need it. so as long as you have access to money, to have the basic comforts in life, then you are wealthy. liz: jonathan, i mean a lot of people said that online as well that it was about, it was about family in the sense of being able to take care of your extended family. you know you have enough money for your kid. you know you can take care of your parents. >> anding. melissa, you are comfortable with that million, two million dollar level. i think what we're talking about is really that what used to be called, fu money. not worrying about ail about future. that is what this notion of true with was. i think simply need more. the notion that people can retire on a couple hundred thousand dollars for 20 or 30 years at the rate prices are rising simply can't happen, we
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need more. melissa: scott, does the f-u money really exist because you don't worry about what happens? chances are your assets are not liquid. if the tide turned the way it did in the recession. you may have $10 million it may evaporate or $100 million and a ton of it may evaporate? >> right. steve cohen had forget you money too and i'm sure he is possibly a little worried about it in a moment. the funny thing, melissa about that survey, i couldn't believe this, four out of five investors surveyed are taking care of aging parents or adult kids. how about that? melissa: yeah. >> the point about taking care of family? that is another thing putting a lot of post-traumatic stress disorder on people because medicare, medicaid, the danger social security is in isn't exactly giving people a lot of confidence. melissa: at the same time, you want to keep perspective. we're talking a about a million, five million, median u.s. household income is $51,000. so you would have to work 90 years in order to achieve the kind of money a lot of people in the survey who are ubs wealth
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clients say, it's not big dollars. it's not wealthy. it is also out of touch survey, right? there are people out there in the audience watching throwing tomatoes at screen right now saying that's crazy, right? >> yeah, i agree but i think what other people are look at is the fact that they're able to own homes or own some properties. so as long as they're able to sit on those properties, will them to their children, they see ttat as a form of wealth also because there will be a generation of people who are not going to be able to buy a home or, if they do, they're not going to be able to have that vacation home. melissa: yeah. >> melissa, that's it. if wealth means not having to worry, a lot of my clients at capitalistpig.com who have 3 or $4 million they worry when the economy gets tough or economy goes south. even millionaires clip coupons and fill up with regular gas or put off major purchases because of the state of the economy. even two or three million dollars is not that kind of don't worry money it has been in
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generations past. melissa: scott, i will give you the last word, wealthy, what should it mean? that is big responsibility for you to try to answer that question. go. >> i'll say. the filters are going off here. i'll tell you, listen, wealthy to me, i don't mean to make this personal, foot, shelter, say love in your heart. i feel pretty wealthy. >> and health. >> health is important. melissa: health to enjoy it. otherwise if you're dead it sure doesn't matter. >> i'll say $25 million. i'll go on the record with 25 million. melissa: $100 million. how about a fun television show? that is a wealthy to me. great panel. it is our money question of the day and i loved all of your answers. what do you consider wealthy. we had a lot of good once from people who spend their days golfing on country clubs and private jets, that is wealthy, that would be nice, thanks, jack. to wealthy is rich and having nice stuff and not worried about anything.
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wealth is generational. that is true. my favorite. anyone fortunate enough to call you a friend. guy, thank you very much. we want to hear from more of you. follow me on twitter at melissaafrancis. i spend too much time on it during the day. join me. coming up detroit get as green light to move full speed ahead on the bankruptcy filing. here comes the hard part. john stossel is here with a special report on how to clean up the mess in motown. plus when we thought lance armstrong couldn't sink any lower, oh, boy, is he proving us wrong. he thinks the government should do something with the 120 million-dollar lawsuit against him. i don't know what that was supposed to say. when you hear the reason why, your head might explode. don't go away. do you ever have too much money? ♪
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♪ >> whether on wall street or main street here is "who made money today." everyone who owns apple. it just had its about es day of the year. stronger than expected seas of iphone have some thinking apple got its groove back. the news sent apple's stock climbing 5%. very nice. they needed that. meanwhile losing money today, anyone who owns caterpillar. it slashed outlook for the year and more cost cutting will happen in 2013 t also report ad 43.5% drop in quarterly profit. cat primarily blames poor demand from the mining industry. that sank cat's stock about 2 1/2% today. hmmm. winning a 500 million-dollar makeover chicago's wrigley field. the city council approved an overall to the 99-year-old stadium. did you know it was that old? in a rare move these days the cubs are funding the entire renovation with no taxpayer help. it includes a 5700 square foot
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jumbotron. of course there is also going to be a lot of new spots for advertising signs. got to pay for those renovation, right? it was big news that president obama was making a speech about the economy today but it's probably fair to say that there was no news in what he said. typical rhetoric. blaming politics for getting in the way of a real recovery and reminding us to stay focused on the important stuff like unemployment. thanks. ffx business's rich edson is live at the white house with more. rich, there must have been some meat in there somewhere, no? >> well, it was very general and this is the first in a series of speeches and the white house didn't exactly give us a preview of this, making us believe we'd get much knew here. the president did say over the next several weeks he would put out some specifics. we didn't get that much too. look at some of the president's proposals from just this speech. he called for green energy spending, infrastructure projects, job training programs, higher minimum wage, all things he called for before. when it comes to inaction in
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washington he put it on congress? >> i will welcome ideas from anybody across the political ssectrum. but, i will not allow gridlock or inaction or willful indifference to get in you are way. >> exactly with will change? what's the point? what is it going to accomplish? probably got the answer. nothing. >> the president is just about to deliver a similar speech in missouri. then tomorrow he head to jacksonville, florida, part of a economic roleout which will roll into the debt ceiling and government funding negotiations that will pick up this fall. >> more fun for you, thanks very much, rich. >> that's right. >> maybe president obama should have spoken in detroit today. the legal battles are heating up. the court ruled the motor city's bankruptcy file something entitle towed protection from state lawsuits challenging the filing. labor unions were trying to block the bankruptcy fearing their retirement benefits would
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be slashed. overall the city has more than $18 billion in long-term liabilities. john stossel has a special report on detroit this week. he is here more. welcome back to the show. >> thank you. liz: so what is it like there right now? what did you find in your "special report"? >> well, it's a wonderful place, maybe, to start over. we found homes selling for $1500. that is monthly rent for a lot of people. melissa: yeah. >> so, maybe -- melissa: a whole home for $1500? >> a whole house. melissa: is it a house you would want? >> no. it had good bones. nice hardwood floors. melissa: major fixer-upper though? >> near the wealthy part of town. it might have found the floor there. that is one bit of good news. >> i was reading part of your show ahead of time, sneaking a peek. street lights are broken. garbage going uncollected. detroit perpetually on fire the last few days. we have talked to young couples
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who are flocking to detroit. listen to this. >> this has been just a wonderful place to start a business. we're surrounded by many other companies just like ours that are ready to leave detroit for the future we've all been envisioning a long time. melissa: at love tech folks saying this is a real opportunity. they can get in there and start a business. >> they can get office space keep and maybe people are hungry for work. it would be wonderful if it were true. yet i look what they have done and they're still doing. if obama had spoke in detroit today, listening to him and listening to the people say yea, more for head start. yea. it sound good. they don't learn. that's what happened in detroit. they have twice as many government employees per cap at that as most other similar-sized cities. they still have a horseshoer in the water department. melissa: really? >> they don't have any horses. melissa: what does i do today? >> he does other work
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apparently. they don't have any horses. i don't know what he does. they won't, civil service, they're just reluctant to fire anybody. and then those small tech business. they're probably okay because they escape the licensing rules. but the current mayor, mayor bing, who is well-respected says, we have operation compliance. we're going to close 20 unlicensed businesses every week. melissa: what a, shut down business. >> right. liz: you want, somebody out there trying to hire people. >> these are informal businesses and they have too many licensing rules. to be a hair braider you have to take 50, 100 hours of courses. melissa: really? >> you ought to be unlicensed hair braider. >> does it take that long to learn how to braid? >> no. melissa: no. what do you think, what is the single biggest problem? if there was one thing you were going to tackle right out of the gate, what do you think is theb? >> well the pensions and for the state judge to say, you can't cut this? to come from?
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-- 18 billion. they will have to cut some of that. they need to get rid of rules so people are free to create wealth again. melissa: when you look at pensions, people say it is not fair, people worked all the time and they deserved the money. kind of like you promised your kid a car if they work really hard and get great grades. all the time they work hard and you don't save money and day comes the kid presents you with a report card. i didn't save, i don't have money. your horrible person because you lied to that child. doesn't change the fact there is no money or any way to do it. isn't that the situation they're in? where is the money. >> so some union workers handing in report cards didn't get as. melissa: well -- >> but they also micromanaged the economy. instead of letting free people try stuff, they say, oh we'll get the renaissance center downtown. that will create jobs. they spent 350 million on it. sell it for 50 million. melissa: is there any hope, is there any light at the end of
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tunnel? if there was a bankruptcy could it wipe the slates clean? >> sure. melissa: could you start over? could you rebuild? >> yes. melissa: is there the will? do you think people have learned the lesson when you talk to them? will politicians learn the lesson what happened? >> in some ways it has the opportunity to be a libertarian paradise because people in neighborhood were saying, we can't rely on the police to protect us. the 911 calls go unanswered. they won't pick up the garage. we'll clean up our neighborhood ourselves. we'll start doing it. that could be great. melissa: libertarian paradise. i like the sound of that. john stossel, i can't wait to watch the show. turn in with "stossel"'s what's up with detroit, thursday, 9:00 p.m. eastern time here on fox business. thank you. >> thank you. liz: next on "money," lance armstrong demands the government drop its 120 million-dollar lawsuit against him. you won't believe why. is that just crazy? it is like charlie sheen crazy. plus the world's first
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we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. melissa: money is always on
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the shares of facebook are skyrocketing 20% with the beach on the second quarter earnings but what investors are jumping for joy with global revenue 41% up from 30% last quarter. clearly facebook has found a way to make money. orleans armstrong on the loose. going after the federal government to demand it drops the $120 million whistleblower lawsuit against him and other members of his team. said despite the intense denials' over a decade that his sponsors the u.s. post office should have known because of all the rivers. of course, it sounds crazy but is a crazy enough to work? will this work?
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>> i doubt it. therein is one area that is the most interesting that what they should have known is difficult and what their release to is a statute of limitations where you have to bring a lawsuit he is asserting they should not bring a because the statute of limitations is extended for the fraud if he says it shouldn't be because they should have known at the time they should have done investigating themselves so they should not be entitled to extend that statutes of limitations so they should be baared from filing that lawsuits now. that is the most interesting part of the motion. >> but the fact it was filed by his former teammates. citizens to sue for alleged
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fraud on behalf of the government are entitled to up to one-third of the money recovered so this could be a $40 million payday. tax dollars that is my money that he would get me and he is a teammate. aren't they also being sued? i don't understand. >> the first part absolutely with the whistle-blower they have their reward just before that for people to come forward to say this fraud occurred and instead of the government getting nothing but 60 percent or 70 percent of whatever they do recover is better than nothing so they give them that advantage to come forward to racked somebody out. that is my money to but i think everybody came to the
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table with not clean he has. the post office turned a blind guy they put nothing in his contract they signed in 2000 about doping then his own teammates are now suing him say you committed fraud when he did as well a assuming the other people saying they committed fraud so to me the whole entire thing smells. melissa: and the part of the defense is they got a lot of stuff out of this a ton of advertising so they got what they were paying for even though he was doping at the time in the also says they got to do great stuff for example, they got to go to the after parties, the big dinners in france and that is worth a lot of money. so who from the ups -- u.s. ps was flying to france to party with lance and again on my dollar.
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>> completely idiotic to say it was the advantage that the post office got to go to big parties. i use the postal service i should be able to go to the party said we could have a nice time. is idiotic and they have not made money i take since its invention in this is why because they spend $40 million on something like this. >> 120 million? third -- why are they advertising in any way? maybe should they be spending this money to improve service? they are losing so much money that does not make a lot of sense. thank you for coming on the show. >> it is disgusting. melissa: the world's first smart home security system
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♪ melissa: a new start of making a home splash in his home securities carry lets you monitor everything in your home with nothing but a wife i connection in may revolutionize a home security industry. but if i could control from my smart phone what it could prevent someone else from doing the same to spy on me when i am at home? let me read off the 80 camera with night vision 170-degree whiting goal lynn's wi-fi, a motion
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detector, a temperature sensor, air quality censer, in this little thing? >> it is all jammed packed. melissa: use headed down and maybe more than one and you can monitor from your smart phone? >> to make security simple take away the boxes to condense it down to one device that is easy to connect to control completely from your iphone or android device and make security easy. >> it may be an age thing in my entire cast thought this was fantastic but i am paranoid i feel that if i set it down in my house hackers can hack into your phone and turn it on even when it is soft soap this seems like it is an
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invitation for people to listen to what is going on in my house. >> i am probably just as varied as you are i have been doing security over 10 years. we are putting in the 256 encryption in the same as what the banks used and not storing anything on the actual device if they take it they get no information. melissa: where is it stored? >> if they do that we only record the data and save it over time if they choose. otherwise we are not recording or saving we are processing the data to alert users in when they are home you can completely control let. melissa: it learns your habits? it shuts out when you cut man? >> to get rid of complications. it can locate your cellphone
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when you come into the house it will disarm it is available now we start selling two days ago $199 it is with crowd funding. melissa: trying to raise one headed thousand dollars you are about $512,000 more than five times your goal because people think it is a huge isn't anybody else doing it? >> nobody is making security this simple. the companies are looking at security to make it every door and window to make it too complicated. melissa: what is the next product and how do you expand? >> we're really focused to make this the most amazing one possible. we have a team of experts of security, a design design, engineering, we brought on experts of the
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best people in the world to make sure this product itself is amazing. we're not looking anything else. melissa: you have to plug it in? what happens if the power goes out? >> you will get a notification but it does stop working. melissa: one of the funniest comments on line was it is the best way to ruin your vacation at. are people becoming obsessive? you would be checking to see what your dog is doing. >> people love that they can check-in on their dogs. they say forget the kids to calm the dogs in new york. [laughter] but the confidence is something goes wrong we will add four new. you can check anytime or it can come to you. melissa: canary co-founder and ceo. fascinating.
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melissa: it is time for little fun with "spare change." we are joined by dennis kneale. happy birthday, dennis. finally 21, you can drink legally. i am so happy for you. moving on, first up, you may be willing to expose yourself to the crazy drivers of new york city, which is crazy, by using the bike share program, but you probably did not sign up to expose your financial information to the world. that is what more than 1000 users are dealing with. since a software glitch in april leading to credit card numbers, and should the city bough butt ? >> i thought it was citibank.
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new yorkers spend around on average $234 per month on private transportation. wouldn't you rather spend that instead of spending the $95 not only writing the city bike but your information just got compromised. >> they only have 61,000 members, only 180,000 rides with a city of 9 million people. i don't understand why this is service at all, it irritates the heck out of me. melissa: they are actually much slower and more wobbly and they don't have helmets. i feel better, i feel better. good tips on what not to do. a former personal assistant stealing from her boss is now trying to get rid of it to avoid thithe penalty.
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so far show i raise $175. that is, are you contributing your birthday money to this? >> this is a woman who basically is probably pretty attractive and things handed to her all of her life and to even have the nerve to go up in public and ask for this, this is what it is like if you are a hobby. >> can't you find a better way to make money in new york city? melissa: where are you going with that? dennis: he had to offer something to get something. to say give me money, you can have a ball cap, a copy of the script forrthe movie. melissa: all right, now onto some amazing soccer scores, have you ever heard of a game that
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ended in 70-0487-0? neither has anybody else. when they reported to the federation, the scores may have been fixed. every player, coach, trainer or ref involved has been bandied for life. dennis: first of all, it is soccer. amateur soccer and amateur soccer in nigeria, i do not see it. >> isn't their corruption in that country right and left? melissa: absolves a blanket statement i want to distance myself from it. you have to love george hw. he shaved his head to show support for young cancer patients. the two-year-old son of one of his secret service team members. the protected division has launched a site to help pay the medical bills.
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look at this. dennis: will get a close-up, you see the president is beaming and the kid is frowning like crazy. i have met the president, he is such a gentleman and a wonderful man and so sweet and kind and so likable. >> this is an amazing thing he is doing right now, more people should do this. melissa: you can see how many people got involved in this. how incredible. dennis: look at how many shaved heads there are. the bush protection service, that is a lot of secret service for one or two former presidents. it is. melissa: i don't want to see any harm to you on your birthday. very positive story where they
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are raising awareness and money for a child who has cancer, it is very sweet. all the money we havv for ou today. "the willis report" is next. tracy: tonight on "the willis report," there is a new plan to save the post office. nomar door-to-door delivery for mail and it could save billions. also, the latest technology for cars, they talk to each other. should the government make this requirement? you better check out this number, we will tell you which one coming up tonight on "the willis report" reedi."
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