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tv   The Willis Report  FOX Business  July 25, 2013 6:00pm-7:01pm EDT

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see you tomorrow. watch charles payne's special, "making your market," that's tonight at 8 p.m. eastern, tune in. it will be awesome. >> how can you not love him? melissa: the "willis report" is next. dennis: i'm dennis kneale in for gerri willis. is america the land of inequal opportunity as president obama proclaims? he says that's holding the economy back, and i'll set the president straight. also, this guy's been call the al capone of wall street, and, today, the feds took him down, or the firm, but does the federal government have a solid case against steve cohen, or is it a witch hunt? who is next to fall? consumer reports rates the chevy impala the best sedan of 2014, the first time an american-made car got that distinction in 20 years. consumer reports is here to say what's hot about this hot rod. all that and more tonight on
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"the willis report." ♪ dennis: welcome. never saw a guy happier than when i get to substitute for an anchor here. we begin with my outrage of the day. does our president needs to be on prozac? he should be selling the hope and calling for new growth. instead, he bemoans the inequality of opportunity, and laments that the rich got rich. listen to this buzz kill. >> this growing inequality, not just the result, inequality of opportunity, this growing inequality, it's not morally wrong, but bad economics. reducing poverty, reducing inequality, growing opportunity, that's what we need. we need a long term plan based on steady, persistent effort to reduce forces conspiring against
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middle class families. there's others who dismiss every idea i put forward, either because they are playing to the most strident supporters, or in some cases, because, sincerely, they have a fundamentally different vision for america, one that says inequality is inevitable and just. dennis: it was partisan, put upon, and purely political. it was dead wrong. barack obama is our first black president. we elected him twice. he's been in control for almost five years. yet, he criticizes our country for what he says is growing unequal opportunity? what's really holding us back is uncertainty over obamacare and the irs, and tax increases on pay and dividends and investment gains and efforts to block the freedom of business to move capital to wherever it gets the best returns, and all of those factors are a result of president obama's policies. blame yourself, mr. president, stop blaming everyone else.
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here to weigh in on this, steve moore, of the "wall street journal," and author of "who is the fairest of them all: truth about opportunity, taxes, and wealth in america," christopher hahn, and we appreciate you being here. steve moore, the president had plenty of his say. you start with an on the sit view. what do you think of this? >> well, look, first of all, this is a president who bemoaned the decline of the middle class, and he's presided over the biggest decline in the middle class income in probably 30 years. you know, we've seen a 2700 dollar a year reduction in the pay of middle class families so i make the case, dennis, that his policies to rebuild the middle class out as he talked about are not working, and yesterday was more of the same. i have to add to one point you made, den sis, that i think is important. the obsession on the left with inequality is problematic. butting equality over growth as
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we said in the "wall street journal," you get less of both, no inequality or growth. that's the problem with the economy. grow the economy, and everybody will be better. dennis: that notedded the president mentioned inequality five times and mentioned growth four times. i don't think that inequality is holding us back, miles, you feel it's holding the economy back. >> i think the president was absolutely right saying clearly and squarely what's great about america is the middle class. that crowning achievement is threatened by policies that have created tremendous gains, all of which have gone to the top 1% over the last ten years. i think the president is right. we need to invest in america and invest in the middle class. that's growth and that gets growth. >> we don't need a president who is a cheerleader, and this president is speaking to us like adulting telling us the truth.
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we've been passed by europe and other nations around the world in upward mobility. that's a fact no one disputed, and the reason for that is because if you are born rich in the country, you are likely to stay rich. if you're born poor, there's a slim chance to succeed. it doesn't mean it's not the greatest country on earth with a lot of opportunity here, but it's less and less and less, dennis, and we have to work harder and harder to achieve. dennis: you guys blame policies and republicans or capitalists for what's happened in the wealth disparity, but you leave out economic trend, okay? our economy was based on the hydrocarbon atom, blue collars, and no college degree earned great money and big industrial plants. we switched over to be bissed on the silicon molecule and engineers, and that's harder. it's part tech tonic plates, all right? >> absolutely. >> and the president wants to create policies to help people adjust to the new economy.
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the republican party has not proposed anything. >> it is so whiney and defeatist to say, it's just too hard. out of college, i earned $18,000. >> you got out of college? >> i put myself through college, paid for it, i didn't get a federal government loan at 4% that already has a 20% de facto default rate. help me out, steve, i'm outnumbered. >> going to the issue of mobility. i mean, the fact is that the united states has more upward ecooomic mobility than any other place in the world. >> that's not true. >> the big story of the last 30 years 1 upward mobility, not just for the rich, but people got rich like bill gates, but the real story is the middle class did well in the reagan years, and, by the way, in the bill clinton years as well. it was of upward mobility. the period of downward mobility is the last five years where the poor have got poorer and middle class is poorer, and my point is
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these policies that barack obama have put in place have not made the middle class better off, so why does he want to double down on them? dennis: miles? >> i don't agree. i think what barack obama wants to do is invest in the middle class, in education, early childhood education. >> it's not working. dennis: let him talk. >> he's been prevented what he wants to do, and he's calling on serious investment from the middle class on education, health care, those are the right priorities to build the middle class, and i think people should try not to say it's all his fault. he's blockedded at every turn, and now he's saying let's come on board, build the middle class. let's go with him. >> in the notes, miles said the inequality is holding us back, by chris says that's not the big problem. is it? >> there's marbly that and policy. we had a policy in the country for 20 years where home ownership was the most important thing driving prices up.
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therefore, housing costs have taken up the budget that they have not been able to invest in the future or chirp's future. i think there's part -- that's part of the problem. dennis: was that largely a democratic-barnny frank thing? >> a george bush philosophy in the beginning of the party. >> we bought into it too. dennis: this is what i want to know from you. don't you ever worry there's too much whiney, self-entitled, i can't get ahead of because of this, just work your butt off and get ahead. do you think a person who wants to work hard, honestly, has no opportunity to rise up in this country? >> they don't have as much as they used to, and to say u.s. is number one in upward mobility is wrong and false. >> we have way more mobility than the rest in terms of people moving up the economic ladder. >> there was a time when -- dennis: one at a time. >> you could drop out of high school, get a job, make a decent living. you can't do that anymore. >> i agree with that. i agree with that. you know, here's the interesting thing about america right now. i think we all would agree, i
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hope we agree, we want equality of opportunity. i'm for that. you know, the fact is that people who grow up in detroit, they don't have equal opportunity. those are cities ruined by liberal policies, and what i fear is barack obama will do to the nation what liberals did to detroit. dennis: den miles, i feel the president's lament is not inequality, but upset that the outcome is inequal. what do you think, miles? >> exactly. if he gave people clear opportunity, you get better outcomes from the middle class, the poor, and the nation. dennis: tell me who has lack of opportunity exactly? what's going on with this horrible inequality of opportunity? >> we have made, we have more low wage jobs than we had, more education -- education is more costly. child care costs people are stuck with. you need to give people the tools to take and get the
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opportunity -- >> okay. >> then if you work hard, you can do it. >> just a minute. dennis: go ahead. >> we have an education program that works, and washington, d.c., weave given out 5,000 vouchers, and it's about the only program in the whole federal budget barack obamaments to be rid of, and it's an education program working for low income people. >> we don't know it works. we don't know if it works. >> if you're born poor, you're likely to stay poor and die poor. dennis: figures show if you are born poor in america, you have a better chance of changing that and growing up out of that than any other country in the world. >> not over any other country in the world as of the last ten years. we have gone down dramatically. statistics, all the resources are out there. dennis: the stuff cited that's wrong, all of it, or much, is a direct result of democratic and obama policies.
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when you said that we have more part-time employees, yeah. companies are making people go part-time because otherwise they have to pay higher costs forced by obamacare. education, costs soaring. yeah, president obama, in five years flooded $407 billion in college loan money into the market, and when frl money floods in, prices go up. a lot f the policies that you're saluting thinking are wonderful actually are bankrupting us. >> no. what's happening is these are trend going on for 30 years, and what obama -- what president obama's doing is saying it's time to stop reverse the tax decceases, the increasing inequality, lack of opportunity, invest in a strong middle class for the future, and i think he's leaden exactly the right direction. we have to stop getting in the way. dennis: guys, capitalism is optimism monetized. it's time to start focusing on fixing it. >> it's not a public policy though. dennis: rather than whining how
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hard it is. just work at it, okay? i did. they all right? >> i love the optimism, but that is not a public policy. public policies have real thoughts. dennis: the less government does, the better off we'll be. thank you very much. we got to go. thanks a lot, steve, miles, chris, appreciate you being here, gentlemen. what do you think? you had to listen to us so we'll listen to you. is america the land of opportunity or inequality? log on to gerriwillis.com, vote, and how is that? share the results at the end of the tonight's show. we got a lot more still to come this hour including advice for all you married couples out there who fight over the fact that the wife bought $600 shoes. good news for detroit, an american car with a huge honor for the first time in two decades. we'll explain after thebreak. ♪ clients are always learning more
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dennis: talk about the little engine that doweled could. the chevy impala is the first u.s. based sedan in 20 years to be labeled the best by consumer reports magazine. we have the deputy automotive editor joining me now. i love a got made in america story. this sounds too good to be true. what's great about it? >> this is a car that really proves what general motors can do. the contrast is that the previous impal la was not good. it was based on an inshent platform, a car suited to be sold in the fleets that it was. this is an all new car representing the potential. dennis: a change in one year from 2013 to 2014? >> that's right. itts a redesigned car, different based on a new, modern platform, and they attended to the details. dennis: what's better about it? whether it's the fit of the door slam or steering wheel, what's
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better, how much better, and why? >> compared to the previous car? dennis: yeah. >> light years better in every single way, but where it stands out, and it took us by surprise, is we've seen good things from the recent general motors products, but there's something that came up a little short and held it back in the ratings, but the impala, real surprise is it delivered across the board in the more than 50 tests, and the ability o score well on all of those gives us the high score. >> for 20 years, probably, because, actually, spent time in detroit covering stuff there, many years ago, for 20 years or so, the idea was that the american makers, they are good at you till tearianism, ensuring the doors do not wear out, but bad avenue touches and things that bond you to the car. does it score better? >> absolutely. it lot of the differences over time have to do with currency rates and the ability for the american companies to invest in the car. they have not been able to do as much as that as the import companies.
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there's a certain flip. we see the domestic cars produce things that have very good attention to detail, quality materials, and at the same time, there's weaknesses from the import competitors. dennis: show, not tell. give us an example of the cool details. >> well, one of the things that's nice is the infotainment system. there's a large screen, easy to control, amazing things, does it well. dennis: kills me, jeff, that rather than talking about the engine and 0-60, you talk about the computer interface. a car is so much more than four wheels. it's its own mobile moving network now. >> it is. consumers demand that, which is why i focus on 245. people are attuned to the digital lifestyle they expect to take it on the road, but the car itself has great ride and handling, good steering, fuel economy is okay. it has great performance. it's the overall package that's satisfying. dennis: another note, their top
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picks, tesla, bmw, pay 40-60,000 or get an impala for 27k, a nice value. thank you, jeff. >> thank you. dennis: and later in the show, guys, we got charlie coming here with more on what's next for sac hedge fund and the big money investors, and that man, steve cohen. next, we answer the question, how do you do that? tips on winning that next big money fight with your spouse without resorting to lawyers. i love the emphasis is on winning it, not working it out. ♪ we used to live with a bear.
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[growl] we'd always have to go everywhere with it. get in the front. we drive. it was so embarrasing that we just wanted to say, well, go away. shoo bear. but we can't really tell bears what to do. moooooommmmmm!!! then one day, it was just gone. mom! [announcer] you are how you sleep. tempur-pedic. dennis: you need a game plan, and coming up, tips on how to win the next fight. ♪
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dennis: money woes can be a relationship killer. according to a new study, the biggest assign your marriage may be headed for divorce court is arguing over money, but how do you win a money fight and prevent other ones from occurring? joining me now is jordan goodman, personal finance expert and author of "master your money type," thank you for being with us, appreciate it on the phone: sure. dennis: now, speaking of a divorced man, the big advice i would have is make sure you never argue with your wife over her $600 heels. >> that gets you in trouble. it can. sometimes it's better to have money for each of you. each have fun money, and don't ask about it. that helps. dennis: one says, we're target,
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and if it's separate, that's preparing for a split. >> that can happen. should you have a prenup? do you trust me or not? that's a warning. dennis: sign, yes or no? >> it's a good idea. marriages don't last. >> did you have one? >> i did not. dennis: divorced a month ago? >> a month ago. dennis: con doll lenses or sympathies. >> it was 32 years. >> i'm sorry. i shouldn't be joking about it. anything for a laugh. >> do it in an objective way, shouldn't be about accusations or throwing mud. here's the facts, honey, okay? look at the statements, we have a budget, here's the investment accounts. see the reality, what's going in and out, investment styles could be a source of controversy, spending versus saving is a source of controversy, but the more faats you bring into it, the less the moe, the better. 50% of divorces are because of financial issues because people
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in many cases don't talk about going into the thing, and they, you know, what's the credithave. dennis: right. which couples fight the most over money? male, female, male-male, or female-female? >> i think male-female. dennis: male-female? >> yeah. dennis: nothing more than a fight over control, which is kind of the issue in many marriages? >> it's power. the one who makes more is going to be resented by the one who makes less. dennis: should the one who makes more have more say about money in a relationship? >> not a good idea. it should be 50/50. with older couples, it's uneven, in many cases. what happens is one side or the other takes control of the money. in my case, my mother, for example, my father was a professor, he was not interested in the money, so my mother did that. dennis: end or create the fighting? >> that was the deal. he didn't care, it worked out. in my marriage, i did the money stuff. one does it, the other, it's
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dangerous because if the other spouse, who is not involvedded in the money doesn't know what's going on, all bad things can happen and usually do. dennis: right. there's a question suggested here. i'll ask it. what can you do to make your point to your partner? screaming would be the way to go with that. >> you'd scream, but it doesn't work. we're both divorced; right? screaming is not a good way to do it. this is somebody you want to be with, supposedly for a while, and the temperature goes up, there's a fight or flights situation. that's not a good place for a marriage to be. come out in a way to work together. you may have disagreements, but there should be a spirit about it so that, like, you're in the same team here, there's a certain pool of money to deal with, make the most of it. dennis: way about using the indirect approach rather than the direct approach? you say that i should go to the spouse and say we have to talk about the money problems, blah, blah, blah, and what if you did this, spending too much money on spiked heels, but we've got a 5% mortgage. i'm going to pay down advanced
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principle on that because there's a 5% after tax return. she has less money in the bank to spend on shoes, but she doesn't know it was a strategy to do that. what about being deceppive? >> not a good idea, no. interesting idea, but it's not going to cause a good marriage in the long run i have to say. she'll buy the shoes anyway. she's not aware of the strategy; right? credit card debt is soaring. have you seen the numbers? the latest month, $6 billion increase. dennis: we should be happy about that because the economy's growing, but savings rate is up. wrapping up, a nice piece of advice? >> basically, do it as a collaboration, have the facts, not emotion, you'll be better than having all the emotion. dennis: all right, jordan, appreciate you being here. i would have thought the advice is guys, do what she says. that could win fights. appreciate you being here. have a good night. coming up, small stocks have been leading wait on wall street, but are they right for you and your money? the biggest name in hedge funds
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facing charges or the farm is from the fcc. is it a witch hunt by the feds? ♪
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>> from the fox business studios in new york city, it's "the willis report". >> the pro-government today coming down like a ton of bricks on one of the most successful investment firms on wall street. the justice department slamming sac capital with a slew of criminal charges. he ran an illegal insider trading operation netting hundreds of millions of dollars in illegal profit. the charges will be the result of a decades-long investigation of the company. our own charlie gasparino has been breaking news on this case
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left and right. he chronicles a lot of the stuff in his new must read book. thank you for being with us. so, my best and first question would be, big investigation. criminal charges against the firm and they don't file any criminal charges against steve cohen. what we make of that? >> they have not filed them yet. proving insider-trading, that an individual of it. we should point out that they file criminal charges against a lot people. steve cohen not by name, but the point to him throughout this indictment has been in the middle of some of these trades. what they can't prove, leaving a like half the other people that have been implicated in this. they can't prove with specificity enough to bring a criminal case that while in the middle of these trades that they deemed illegal, that he knew that there were illegal. that is where they stop short.
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i believe that they will keep commits some point. they're not there yet, but i will say this, this is a pretty damning indictment. federal indictments are damning, but this goes pretty far. basically set -- they basically said sac capital was a criminal enterprise that existed criminally for the last ten years and the guy in the middle, they guy who started in 1992 either knew or should have known the illegally when down. they're also saying they don't have the evidence to prove he knew. by having not yet touched him criminally. dennis: it just fell from the start that when after the biggest fish they could to basically give a warning to everyone else. >> i don't agree. dennis: talked about this. he insists that is so. let's listen. >> people like to talk about fish and size of fish. we don't think about it that
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way. sometimes small fish are very delicious also. we bring the cases we bring when they are appropriate to bring them. sometimes you begin with the case and it becomes large other measures of some people because of the notoriety of the person or because of the bank account with the fame, and that's not a consequence to us. dennis: sun not of any consequence, but now listen to this interview listen to what george says. >> the type of case that we should work. we have to keep wall street honest because you can't -- if you can't keep wall street, says investors tell you invest in the stock market. dennis: the fbi guy says go after the big fish and send a message. the prosecutor says no not at all. >> he did not quite contradicting. he made a valid point did you do hold big fish accountable when they do what's wrong.
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i know george pretty well. i met with a lot of fbi guess my book. i will say this, just to put in context, the fbi, justice department, and they have been trying to make a case agginst steve : since 2007. i should point out that spanned two administrations, the bush and obama administration. is not a political thing. we should also point out that during that time developed a lot of evidence. and we should point out something else, coming out of the financial crisis where it does become political, and this is the best argument. there bring this up in my book. coming of the financial crisis the did not have anybody to nail. they couldn't nail the guys the reagan lehman brothers or bear stearns. dennis: they didn't get madoff. >> he turned himself and. dennis: exactly. >> of a sudden there's a public outcry. it is a very sexy case sitting there. they did have compelling
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evidence. on one hand it is political in the sense that they're playing this up and on the other hand they have real cases. if you believe insider trading is a crime you have to believe this is a good case. we should point out is is not done anything wrong. dennis: we appreciate. get blood on the buck. coming up at 8:00 p.m. eastern right here on fox business, charles will demystify the stock market. he will help you should your fears because a lot of fears about stopping people from getting into this market and making some money to prepare for a more prosperous future. the can't miss special major market. that guy is good. time now for of looked at stories you're clicking on tonight on foxbusiness.com. disappointing results from home builders could not keep the market from ending in the green today. the nasdaq and the biggest gains thanks to a big boost by earnings after the bell. general motors, second quarter net income fell 16%.
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lemming the slowdown on europe, but gm solidly beat wall street expectations. for russians and ukrainians have been charged with running a massive hacking organization. the indictment said the group tt act more than a dozen major companies. attorneys in new jersey say they got more than 160 million credit and debit card numbers. a senate deal on student loans heading to the house where lawmakers have already voted on a deal linking interest rates with the financial markets. president obama anchorage in the house to vote quickly so returning students could enjoy lower rates. those are some of the stories right now on foxbusiness.com. among the comeback, taking internet tv by storm introducing a new device that cost : $35. we will show it to you. next, the hottest investments these days may be in small stuff. is the restores the report? were looking out for you and your money next. ♪
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dennis: well, you know it. the markets have been on a tear. dow, s&p, nasdaq all of 18, 19%. small-cap stocks and the russell 2009 doing even better, up more than 23% so far this year. will the streets continue? is a delicate time to buy? let's ask ceo and founder of real wealth network and hillary cramer, president and cio of anz capital. i believe you're also author of the little book of big profits from small stocks. let's start with you. run that chart. just to repeat, the dow up 18%, russell 2000 small caps of 23%. why would you tell us to go ahead and start buying more now. >> because this opportunity in the small-cap because the investors have not discovered them.
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more value and growth opportunity and then there's the fallen angels, companies that were once mighty and get small-cap and then find a way to build themselves back. that's where you have opportunity. pecans are overextended. dennis: what do you say that? >> i don't like to gamble. i don't like buying at the peak of anything. i have seen far too many investors buy at the peak and lose everything they haven't come to us and say you know, now i want to get into hard assets like real estate that is secured the something. so i'm not up -- i think small caps are very risky. that's why we love real-estate. dennis: you say you don't even like tech stocks were big cap stocks? >> you know, there was one time where was not the right decision. happens to be cool. right at the beginning and mist
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on the ballot. you know, i'm realistic person. and i even let me in the show many times to talk about how to get into hard assets that increase in value with inflation the. the companies are not doing well after all the money that has been poured in from the fed now would be shocked to b in sin, and i think it will be trouble. >> the big problem with realistic right now, and don't think i don't own real estate, an important part of the portfolio. it's a tough one these days because it's impossible. absolutely impossible to get a mortgage. with rates going up we have already seen that pulled back with some of the news today on initial housing starts coming back down. that's what the market was up because now there is this consideration that maybe the fed will taper because real estate isn't doing well. dennis: i'd be willing to bet that stocks do better over the next five years than the value of your home. >> agreed. >> well, if you are looking at real estate as an investment
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it's a different thing. investors are coming in with cash. in many places it's been 50% of sales of the cash buyers. we're talking purely investment. and so when you're looking at buying a house is the cash flow that you get every month. it's very different than the stock. you buy a house, rented out and you get in, as much as ten a 12%. i just got a house in cleveland near the medical area that is booming. at pages $65,000. the house is renting for $900. you couldn't build it. you could not build the same house for hundred thousand. >> way back to where we should be. a lot of rain. >> it's a tough game to play. again, a landowner, landlord to my own property. as an individual you really shouldn't be trying to get into the business of buying a home, renting it out, trying to get that cash flow. all you need is six months where
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someone decides not to panic and stay in the home. that is something that as an individual you have to be careful about. stocks are much more liquid. deacon palin, go out. it's an opportunity to build wealth and have ownership across the board. the diversified way. much more leverage than owning real estate. ddnnis: let me step in, the thing about being a financial journalist as you often are interviewing people who are far more rich and successful the new art. these to own their homes and on second and third homes. i and renting in new york city. hillary, tell us where we should put money. >> numerous opportunities. i like the industrials in terms of small caps are now. of course there are robert and %-but companies like innovative solutions and support. small caps, about $100 million market cap. a $60 million contract with %-advanced technology thatsb has combines avionics and gps,
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navigation. innovative, technology that is applicable to an area that is still growing and the airlines want it. i love that. the manufacturer of equipment. dennis: okay. we will wrap it there. thank you for being with us. appreciate your time. still to come, i new cable-tv killer just released to the masses, and who will take a look. the new google device as small as a phone that is making really big news. ♪
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♪ dennis: google is turning heads with its new gadget. coming up, how it could change tv watching for good in two minutes. ♪
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♪ dennis: allow the on-sized devise is throwing down the gauntlet in the video streaming wars. it google chromecast is a cheap and user-friendly device that could shake up the television industry. with more on this we have an editor with of things digital. thank you for being with us. riposted on forbes if i have that right. you know what i have to say, i love this. i was thinking of buying a sunny place station in part because it would allow me to play a video on my tv screen. along comes as little $35 fund drive. we have that plug into the back of this giant screen on set right now. it has been working in you can control the thing with your blackberry or your ipod, your iphone. what is not to like?
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>> it certainly sounds intriguing. especially interested in and once the new applications come into it. once again run things like hbo go. naked -- it could make it incredibly interesting. dennis: netflix has close to 30 million paying subscribers in the u.s. it seems like many of those as to live like this is a far simpler solution. >> apparently. i think my colleague wrote a story on all things today saying there was some sort of an netflix promotion that had to be pulled because of the overwhelming demand. this definitely shows there's a lot of interest. dennis: if you buy the $305 device from amazon you did three months free of netflix which kind of pace for the entire device itself. when i look at this, it's kind of over your guests arriving at the party because it can undercut the place station, and
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xbox, apple tv within a let's go over the top which could be a threat to cable systems like time warner. also kind of lets you watch shows without having to watch the live channel. so that's a threat of the channel owners. there's a big if. it has to be a success. and google is failed many times in the consumer market. >> it has. it is usually a matter of getting a formula just right. google experimented with tv in the past with very little success generally speaking. you know, it has sort of a hit and miss shrek -- reputation with consumers. we used to say about microsoft. it took microsoft three times to get anything right. this is the third time for google trying to do something with television. it definitely shows there's a lot of interest. the demand is definitely very high. dennis: one reason i find it especially compelling is because google has something all those other big media and tektites don't have.
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he too, and every single day people looking at 4 billion videos' per day. that could be a great front-end suddenly wiped out live television. >> the one great point about trying to watch youtube on your television, you can do it on top forms like apple tv and others, but when you can't really do a search for what you want. this takes that away. the search for what you want on your phone, tablet, computer, what have you in bushes straight to that big screen tv and watch those videos so whenever it is. the latest movie trailer were this show. you can watch fox business, this very show from your chromecast and directly to your big screen tv. dennis: alike the lot. we ought to wrap it there. thank you for being with us. and speaking of cable guys, we want to bring in the latest developments all-star we have
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been covering. time warner and cbs will continue negotiating until monday. cbs was supposed to go like this morning, but they averted the blackout. at least for the weekend. they have been locked in a battle over fees. the cable company pays to carry cbs programs. the three cities, dallas, l.a., new york could be affected. once read this bills into showtime which cbs also owns. and according to our recent study by the career website class store media and technology companies are some of the worst companies to work for. that list of the worst companies in america is tonight's top five. number five, radio shack. probably hard to work for a company that has been struggling as much as radio shack has and even as a word radio and its name much less shack. workers complain of low play and ms. -- low pay and misplaced priorities. number four, dollar general.
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competition from big box retailers like walmart. sales associates complain about limited hours which might be because of obamacare. number three, dillard's. in addition to griping about hours and pay the ceo is the second, at 23 percent approval rating. number two, express scripts, one of the country's biggest managers a prescription drug services. workers complain of being overworked in light of recent layoffs. the number one worst company to work for is dish network. for the second year and a row. business week once called the company the meanest and america referring to its rather in considered management team. others enlisting clued adt and sears. then again, the workers might just be a bunch of whiners. we will be right back. is america the land of opportunity for inequality? ♪ she knowyou like no one else.
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this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fiy thousand dollars. congratulations you are our one millionth customer. nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think you're special anymore, you need an ally. ally bank. your money needs an ally. dennis: president obama is
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saying inequality is morally wrong and bad economics. blaming inequality for the economic woes. is america a land of inequality in opportunity? this is what some of you say. one says, "opportunity looking for you to take hold and work hards to its fruition,," but scott says "land of opportunity for wall street and china mart." 76% said opportunity, only 24% said inequality. now, be sure to log on for our online question every weekday. here's some of your e-mails. terry writes, "bottom line is money and stocks are paper, but gold is always gold even if it plummets in value." bill says, "i don't like bonds so the dividend paying stocks, paying dividends monthly. for now, because i don't need the money right now, i reinvest them, and 10% precious metals."
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love hearing from you. e-mail us and go to gerriwillis.com. that's all for "the willis report," thank you for joining us. i had a great time. have a fantastic night. ♪ neil: good evening, everybody. thank you for being with us. president obama, again today, appearing to meander around the country without purpose or noticeable result. the national media, including us here find is convenient to call the sudden lurch from scandals and busted foreign policy to speeches about jobs and the economy is pivot, but it's not clear whether pivot is the correct description. it appears president obama is more focused op attacking republicans than anyone who disagrees with the agenda. those who have the nerve to investigate the numerous scandals

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