naturally to save america. reale stuff. melissa is next. melissa: i'm meliss francis and here's what's "money" tonight. can iran deal its way out of sanctions if theresident puts on a full-court press at u.n. hundreds of billions of dollars are potentially at stake. who stand to gain. who will be left hung out to dry? we're following money. plus what goes up must go downs. the gains from the fed refusing to taper last week? they're all gone. the it could mean bigger problems are ahead for the markets. we'll explain why. "who made money today?" he can thank china for making him half a billion dollars rich err. wow. even when they say it's not it is always about money.

>> we have encouraged that president rouhani will seek a moderate course. i'm directing john kerry to pursue this effort with the iranian government. in close cooperation with the european union. the united kingdom. france germany, russia and china. melissa: as the world watches, president obama extend the olive branch earlier today saying the u.s. is open to pursuing diplomatic options with iran. it is all about money but the rhetoric doesn't seem real now because when the white house offered an encounter between president obama and iranian leader hassan rouhani, iran declined. makes youonder how much pressure he is under to return with good news?

former u.n. ambassador john bolton also a fox news contributor. a lot of people are calling it a charm offensive. whether or not he agreed to the encounter on the sidelines at the u.n., he is meeting, rouhani, that is, is meeting with a lot of different people to put a happy face on things. >> sure. he is newly inaugurated president. he is not the top official. the ayatollah khomeni is. he is the smiling face of the islamic revolution. 10 years ago he was iran's chief nuclear negotiator. i watched him in action. he was great at seducing the europeans with fake concessions and smiles and rhetoric and so on to buy time for iran's nuclear weapons program. here his task is not necessarily just to buy time but get relief from the sanctions. and i think he will use the same playbook that he used 10 years ago but they're not going to change their nuclear weapons program to do it. melissa: no, but they want relief from those sanctions. if you look at the breakdown what they're losing on a day-to-day basis it is

significant. they say 600 billion has been pulled out of the market. th have lost 60 billion in oil revenue. you look at things like pistachio exports. this was a major export product with the country. because of what happened with their currency they had to stop all exports. they're losing 500 million in revenue. >> assuming you believe the official statistics. >> that's true. >> they have been preparing for the sanctions for years when the price of oil was high. they were squirreling money away getting ready for it. they have extensive smuggling operations out through iraq and other sources the biggest iranian embassy in the world is in caracas, venezuela. why? it is great place to launder money in midst of venezuela's oil revenues. are they hurt by the sanctions ? yes. are they crippled by them? no. melissa: if they're able to get around them do they really care then?

>> they would like to get them lifted. why not get back into the inner bank swift transfer syste it is less cumbersome than lugging suitcases full of money. impact much sanctions while affected iranian middle class has not affected the government as such. there are outsiders like china still prepared to put tens of billions of dollars into infrastructure developing iran and oil and natural gas assets. from a purely common sense point of view you want to get relief from the sanctions. it is not enough to drive them away from the nuclear program. melissa: seems nothing is. literally in your interpretation is there anything we could do that would deter them from wanting to continue on the path to get weapons? >> only if they felt there was a serious possibility that we would overthrow the regime. acquisition nuclear weapons in part is a strategy for regime survival. when you hear the today the president say let's have negotiations as if this is some great new idea, we've had negotiations with iran for 10 years directly and indirectly

through the europeans. i mentioned hassan rouhani's role 10 years ago. they're fully prepared to negotiate because they know it gains them legitimacy. remember they're a state sponsor of terrorism in our view and buys them time variety to find ways to get around the sanctions, alleviate the sanctions but in any event continue to build a very broad, very deep nuclear infrastructure. melissa: is there are movef an effort with the new leadtory get back on good terms with the rest of the world? that is the sense we get outside of the u.n. seems like this is special new effort. >> right. here is the distinction between moderates and hard-liners in iran. hard-liners like mahmoud ahmadinejad held conferences called, the world without israel and the united states. he talks about the nuclear program. he was photographed with the iranian centrifuges. moderates say, why are you doing this? why are you provoking the united states. don't talk about the nuclear

program. they're much more media savvy. they understand the west better. they don't get their jollies by putting their thumb in our eye. that doesn't mean they're any less economisted to the nuclear program. that means they' more sensible than hard-liners. melissa: you say the goal is the same but the tacticsre very different. what would be the best move for president obama at this juncture right now with this president? >> well i think he should say that the american objective is regime change in iran. as long as that regime is in there it will open press its people e it is unpopular government but has all the guns in iran. a threat to neighbors both through pursuit of nuclear weapons and because iran remains as it has been for 30 years, the world's central banker of international terrorism. hezbollah in lebanon, support for the assad regime in syria. hamas in the gaza strip. it is really iran that is the major threat to international peace and security and world's most oil and natural gas producing region. until that regime changes that threat will remain. melissa: ambassador bolton,

thank you very much. >> thank you. melissa: always appreciate your wisdom. that time of year again, continuing resolution without a lution. this is your tax dollars hard at work, believe it or not. the senate expected to push through a bill passed by the house that would temporarily fund the government but defund the affordable care act. the fight on the floor is intense today. fox news chief congressional correspondt mike emanuel is in washington with the latest. mike, what is the latest? >> hi, melissa. republican and democratic leaders in the senate want to move forward with the spending bill. they have different positions on funding obamacare but they agree this process should get moving forward. texas conservative ted cruz has a different pition. he would like to slam on the brakes. so he took to the senate floor to make his case. >> i intend to speak in opposition to obamacare. i intend to speak in support of defunding obamacare. until i am no longer able to

stand. >> still the senate is expected to move forward tomorrow on a bill that would fund the government through only november 15th. today senate majority leader harry reid made a pretty clear he does not intend to accept a bill that defund or delays obamacare. >> the united states should pay its bills and should pay them on time. i want to be very, very clear. again. the senate will not pass any bill that defunds or delays obamacare, whether a cr or a debt ceiling. >> expecting that harry reid will want to put money back into this bill to fund obamacare, many republicans are thinking that the senate wants to wrap is up quickly to give the house time to act again. >> if the majority leader were to ask us to shorten the process, i would not object. i don't know who else in the conference may feel differently but i do know, but i do know

that if the house doesn't get what we send over there until monday, there in a pretty tough spot. >> so the concern with ted cruz and his allies on the senate floor eating some time now that this bill may go back to the house with time running out. they may have to accept whatever harry reid send them. so there's a little bit of concern at this point about the clock running out. melissa? melissa: looks very frustrating for everyone involved. mike, thank you so much. >> thank you. melissa: next on "money," the first big dose of obamacare is just one week away. and tre's word some people are already seeing their premium triple. what is the best move for you and your family? one of the industry's brightest experts is here with his prescription. plus, good-bye euphoria, hello trouble? markets soared after the fed decided not to taper last week. just one problem, those gains, they are already gone. that may prove farrom the worst of it. we'll explain. more "money" coming up. ♪

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melissa: the county down is on,

one week left until obamacare exchanges open up and you can enroll in health care plans for next year but some insurers are saying buy now! they offer you als if you enroll before next week. is that a smart money move for you and your family? here to drill down for details of the health care rx and you, paul howard, manhattan institute of medical progress. welcome to the show. >> thank you. melissa: there is panicking question abou what is going on and it is scary for lot of people. we're reading article after article this morning, i was reading about three, people showed their health care plan and total told it would triple next year and they knew somebody's tripled and want to lock in the health care plan now. how do you make the decision? you. >> to figure out whether you're eligible for subsy dis. melissa: let's start there. how do you figure out if you're eligible for subsidies? >> subsidies are available to families that make 138 and 400% of the federal poverty level,

for a family of four means up to $90,000 a year. melissa: if you make less than $90,000 and family of four you will get a subsidy? >> what the subsidy caps out-of-pocket costs at certain percentage of yo income. that person at 400% of federal poverty, $90,000, max out-of-pocket cost for premiums, 9.5%, or $9500 a year. so if you can find a plan that sts less than that, that's great. melissa: then you already los me. do the math. costs less than what? >> federal subsidies for that silver plan, the mythical silver plan on the exchanges are capped at a maximum amount of your income. in this case, 9.5%. melissa: okay. >> so if you can ffnd a -- melissa: 9% of 90,000, talking about 10,000 a little less,. >> right. effectively you, you're paying thousands of dollars out-of-pocket. the subsidies are illusory. only at bottom end where we get closer to the federal poverty

level of 30, 40,000, for family of four that subsidies help defray costs of a plan that might cost $10,000. if the plan costs $10,000 and max under the law is $9500, not much of a benefit to you. melissa: so if you're, i mean it sound like for the most part it makes sense for to you grab on to the insurance plan that you have right now. >> if you have a low-cost plan and you know you will not benefit from subsidies, do a quick calculation, what is my max out-of-pocket next year just for premiums you should lock in the plan. new data should be coming out of the out of federal government any day from 35 states that have government-run or government-facilitated exchanges. they should put out new information that allow consumers to shop inside and outside of exchanges and know what the price is going to be. melissa: how do i know what will be out there when this whole thing starts? that's what you tried to explain. but maybe the way it is billed, exchanges will be competitive and maybe a great plan will be available for me after the

1st? >> that is the $10,000 question, depending on size of your family. only 15 states, 14 states plus d.c. released their rates so far. the federal government is waiting to release, should be any day now, the 35 other states and say here's, here are the emiums, here are the plans that will be available on those exchanges. melissa: here is really tough question. i don't know if you can answer this one. a lot of people's, the price of their plan is going up next year because there are some more people going out there and joining insurance. insurance companies have warned we will have to raise prices 30, 50%. if your insurance comes to you and says, we're going to raise your policy by 30, 40%, what does it make sense to keep that plan? at what point? if they will increase it, how do you make the decision? they say you can keep this but you will pay 30% more. is that still a good deal? >> first thing you have to know, go to, if you have got a state exchange or federal facilitated exchange. go to the exchange, see what plans are available.

melissa: how do i find that? >> you will have to go to healthcare.gov. that is the federal site. >> okay. >> in a state like new york, state based exchange. go to the state website. google, new york state exchange. you will find it. shop there a handful of states like new york who were already very, very expensive. prices will go down. probably a lot of other states, prices will go up. melissa: how do you know all this? this is so confusing. we spent so much time? how do you stay on top of this? >> we had three years to read all information trickling out. melissa: you will be very busy and not sleeping until the end of the month. we appreciate you coming on trying to decode this stuff. thank you. next on "money," something is amiss in the markets. the sugar high has worn off but has the fed completely taken over the market? big trouble could be coming. if you want to protect your money you've got to hear this. if you just had it on housing you're in the right place. we're going to car away the confusion and let two experts loose what the think they're

right on whether or not we're in a housing bubble. okay, so maybe we won't clear away confusion. it he will be good tv, i promise. do you ever have too much money?

melissa: well that was fast. news of the fed's decision not to taper sent the markets soaring. less than a week later it is below where it started. so what happens when the fed no longer feeds the market? joining me spencer patton, steelvine investments. spencer what happened? that was a huge decision. they took away the taper. there was rejoicing, celebrations in the street, confetti and now it's all upon. that is a scary sign. >> yeah. i mean i think what you've got, u have a market that is hopelessly addicted to

quantitativeasing. so you have a market where the fed is the largest player. they own almost all of the outstanding debt of the united states. the fed is backstopping this market, and they're really is not going to be an exit strategy. there can't be the fed is in too deep at this point. melissa: exit? exit is sortf theeast of our worries. what i am worried about right now the heroin is not working any longer. they come in and do their thing and it barely has an effect. at this rate they will never be able to exit. we can't even talk about that. but what happens now when we hit something real and they try and put more juice on the table, you know, give us more sugar or drugs, whatever analogy you want to use? i feel like it's not going to work at all. >> yeah. i think when you look at the data and you see when quantitative easing has come in, it generally lead to a somewhat sustainable market rise because the fed is just buying billions every day. they buy every day in the market. melissa: not this time.

>> well it popped initially. it has come back down. melissa: right. >> but we will probably still see a sustainable rise after we've seen, jus like we've seen other antitative easings. sometimes we get a pop, sometimes not. but eventually the market starts to steady up and starts to climb because you're getting the fed buying a billion 1/2 dollar every single day at least. so it is, you can't fight it. melissa: you know, i don't know that you can fight it. i just don't think it is working any longer. i think effect has been blunted. that it is not having same impact. meanwhile things are coming down the pike. you know, we have subpar growth in the economy. if you look at gdp, it hasn't been anything like with we're used to in the past. anything that would inspire growth. people in the economy that are permanently unemployed. we have income growth basically stagnant. and we have what looks like it's a bit of a us whoing bubble. we're going to debate this later on in the show but we've seen these very low interest rates, once again manufactured by the fed. they create this acceleration in

home prices that haven't, hasn't been followed up with income growth. as soon as interest rates start to rise which we're already seeing, these are a lot of things going against what the fed is trying to do in the market. what makes you think they can still win? >> i think this is really painful for me, somebody that loves the free market because i completely agree with you that quantitative easing is not working. it is not making a difference in the economy. it is not creating more jobs. it is not working. but what it is doing inflating the price of assets. that is the tough part. free market side wants to say look, the economy is not working. you need to get out right now. this is not a smart investment. but investor side says, this stock market will continue to go up as are real assets like housing a is gold, other real assets crude oil above $100 a barrel of all those things are happening because they're setting stage for inflation. that is what is coming. you want to be in stocks and want to be in hard assets when inflation comes. there will be a bubble that

bursts. so you do not want to be in the way when that bubble bursts. meantime we're kind of like everybody is staring at the door but stocks are still the place to be as much as it pains me to say it. melissa: we're all staring at the door and getting really nervous. is there a point, do you take some of your winnings off the table? do you do something to protect yourself vis-a-vis stocks in case you're concerned that the fed medicine will be, you know, like we all just get immune to it over time and really stops working? >> yeah, i certainly think you do. you see signs of speculation all across the market. look at facebook. facebook is up more than 100% in just couple months. you see amazon, linkedin. melissa: tesla. >> all of these. it's a joke. just asset prices being inflated. businesses are not doubling over the last two and three months of the it is just, really sad but you're seeing all this money flow into the market and it is going to build and build. you would be crazy not to take profits at this point. even taking all money out of

marke you're at all-time highs. there isot a lot more to get, a lot more upside. get your money in real assets. diversify into commodities. buy some gold and crude oil. buy some real estate. because i think all of those things are going to benefit from the inflationary world we have coming. melissa: spencer, great advice. the good thinking. thank you so much. >> thank you. melissa: coming up on "money," home prices soar. we were just talking about this, the most in seven years but is the recovery in housing as rosy as it appears? two top experts are here to debate on whether you should still buy in or run for the wind. plus, "who made money today?" his company may be getting off one government black lis and he made more than half a billion dollars as a result. i will have the

melissa: housing is on the rise of the bubble is

bursting. now we will lay its all gone -- down with the experts you can decide. id with total disagreement great to have you both on the show. aree in a bubble? >>. >> we're starting to see the beginning of the bubble softening with not an extreme way and the as we saw in 2006 and 2007. we have seen an increase in prices and some people say that is awesome. and singing about 1.8% it is indicative of a market that is still growing in price. melissa: we have seen double-digit gains month

after month over five months that feels very bubble? >> remember where we started. prices were at historic all-time lows with high affordability in mortgage rates that were the lowest they have never been. that has driven prices up in a market where we were severely under belts. we built over 1 million homes every year until 2008 and through the issue we will not even build 1 million. altogether. are we just marketing that? the increases have slowed that does not mean they will proceed a go backwards but like your previous guest said it is a commodity by housing.

melissa: that is so hard for people to listen to. to listen to that housing debacle? >> first of all, 10% of the top 200 markets in the country hit a brand new peak entirely new peaks roughly 12 percent of those are about to within 5% th is not a normal and sustainable market. california and nevadare just below 9 percent unemployment. how do you justify a 20% increase of sales and in some pockets 300%? that is not logical look at the affordability index. it is down at 157 but now that does not make sense.

melissa: but if prices are back to the new all-time high before the bubble burst that makes you feel it is a good for investme because housing really does come back. >> is a great investment where we see a new high. the reason is supply and demand. now with the index from only 158 what does that mean? the average income is 50 percent more than what you need to buy the average home. that is incredibly high now we don't have enough inventory why it is going up it is very very difficult to see that.

but given what we know. >> of most economts day with the affordability inx with three stight months of decline in did is all great you can make money in real estate but so it is not that simple not just an investment for most people. melissa: income growth is not growing. those are things that it seems would undermine the upward trend. >> a weber we need to qualify interest rates have gone up at four-point 5% that needs a 2.5 introductory rate. melissa: a year is out of the time it doesn't matter when people get into the

market. you are comparing it to before. >> either they say it is going up i have no opportunity or a hefty jump in right now. somebody who buys a home today looking at one or two appreciation per month within less than a year they have the value they would need to sell that is a very good investment given what we know today. melissa: i know that is not a real world example where they can cover the friction cost to rigid the mortgage or to pay the broker on either side i am not sure what kind of increase. there is a reason we had the 10 year bond so it is not

accurate but to the supply and demand issue because of unrealistic long-term issue in interest rates or i don't hav the same concerns about the market. >> we ha all time lows as housing009 through this year in we under built by 1 million homes per year when you have a 1 billion of deficit he will have a supply and demand issue. if you look at the numbers it is there. melissa: but i wonder about the foreclosures at&t shattuck inventory. good points of full-size. think you for coming. one at a five americans said they will never be able to retire it does not have to be that way to want to know how to get a real retirement in the palm of your hand?

one of the smartest advisers joins us. you cannot afford to miss it. at the end of the day it is

melissa: close your eyes san picture your retirement. relaxing or playing golf it turns out an astonishing one of five americans say they don't think they will ever be able to fully retire. a harsh factor tse days but we will try to soften the blow depending on what your definition is ansett life is in person it is so exciting we also have our wealth manager. and of course, we have our columnists great to have you.

because one out of five americans and i blew it is too bad you find this surprising? >> i do. one-trd blame the financial crisis. is in the s&p at a record high yen bond prices were pretty much a high of all time. melissa: day think they're not looking? >> but with the individual investor by high and sell low they did not get the right kind of adviceow trying to catch up. >> they don't have a plan. we're not a hard wired to get a right if you can't do it yourself and hope or hire somebody. people get involved with a car in the house and the kids in this time justice

appears. it is the longest term goal that you have the city start the less you have to do and quite frankly people our just are not prepared. melissa: is it in your control out of your control? that is the sentiment that people felt it is out of their control or another big one is the housing bubble because a lot of people were of the generation better getting ready to retire, you raise your family and pay off the 30 year mortgage would it is time to retire that was your mistake in for a lot of people that blew up isn't that a big part of the problem? >> to invest so much now is gone. but the people are thinking about retirement down the

road they need to save more we're not saving enough as a country. people are going into retirement with $25,000? how will you make it through retirement? >> the average person has 43,004 savings the nfl giants have abetter chance to go to the playoffs. >> to make it worse people who are just getting into retirement spending tanner told years of money they also think of retiring at 58 what will they do at the age of 70? they are not prepared and this is incncredibly inconsistent. melissa: you save 45,000 and they say that is a lot of money. >> you have 100,000 if that

gives you 4 percent can you live off of $4,000 per year? the traditional retirement is very different. if you look back at the 30 years through 2008 we still have 38 percent of the people that worked in the private sector now it is dropping all the time. private workers don't have pensions they have social security which is about 40% but according to the social security system we are making promises we cannot keep. >> social security is broke? melissa: maybe these people don't want to retire. you have to ask yourself what is it? maybe it is not working long hours five days a week and

another job to generate income. you have to define what your ideal retirement is. >> that's a good point. it is no longer just going to florida and golfing all day long people want to continue weather part-time or v volunteer or starting a business but there is a lot of opportunities. but the key is will you be healthy enough to keep working? the cost of health care keeps going up so this is messing up people's investments. >> also with the cost projections we have no idea were health care costs are going to talk about estimates that are way off the charts that are not even factored into some of the numbers. [laughter] >> the jets are doing well.

>> i feel that it is higher than backed -- that. >> is also standard of living that has to be adjusted as well. nobody wants to do that. >> the sooner you start the les you have to do so long the wait the harder it is betting it is not hopeless. you have to actually lay out when will you retire? would you have going for you? what are the steps he will take to improve on that? may be you have to retire a little bit later but but have so much when he set aside? >> that looking realistically what the life style will be like. what are immensely expensive is going to be and how do i prepare for that

realistically? >> you have to set audget that nobody wants to duet but you have to start somewhere because it is hard to cut back you have in the come you have to start soon. melissa: area living on a budgetver there? [laughter] >> that is a gray pointed is planning an end preparation. it will get you to the end of you just keep doing we we're doing it will not work out. meissa: modified just keep working to the end? [laughter] >> thank you. hello. this is about planning for the future.

burger king has a new type of french fried. trying to get mcdonald's a run for their many. are very own taste tests coming. you can never have too many french fries.

melissa: it is time for some food with "spare change" you

have a good is seidman. are you ready for the latest concoction? these are brand new locale french fries that debuted today. 40% less fat and fewer calories than mcdonald's. we have to see how they taste. they did not want to confuse people so there crinkly. >> a little more expensive? >> i think they are delicious but i have never met a french fry did not like. i have a problem with the name they're trying to say

you are satisfied with lower calorie french fries? >> in the name i kind of cheesy as images change the whole thing. melissa: you have t stop eating and comment. [laughter] >> you have to earn your keep mcdonald's is not waging into this because i think they have the best rise they are the most threatening -- that to mean they have never messed with the ingredients. do you think that is a good marketing strategy? stop eating the. >> but it all comes from the same place. >> it is the same concept as if you flash friday a turkey

at a highemperature is about getting that fried flavor without it penetrating. >> i saw somebody else talking about this but i think they taste great. you have a choice burger case may be onto something but the name, come up with a different nam. melissa: does this start to a new trend? just like a burger at wendy's that i thought was reared was an enormous success. >> double down? [laughter >> all fast-food chains are grappling trying to find a way to find those things that do not belong.

>> wendies actually surpassed burger king because of the natural cut fries about one year ago. but then the figure of play was pointed. melissa: now you may each. up next see you grabbed the low-fat ones. china's government made him half a billion dollars richer today. do not eat all of those. you cannot have too many french fries.

melissa: i'm still eating french fries, here is who made money today, mark zuckerberg, and ern that owns facebook. it will be allowed in a free

trade zone in china today, gaining more than 2%, zuck owns about 445 million shares of facebook. that means he made more than $522 million, losing money anyone that owned carnival cruises reported. hammering carnival shares more than 7%, and making gold plated plenty, lucky seller of a gold ephone 5 s we told that you phones going for 2000 bucks to ebay those are bargains one sold for more than $10,000. are you kidding me? that is all we have for you, watch tomorrow we have the guys back talk about one of the most important trades for any boss.

tomorrow, willis report is coming up next, we'll see you back here tomorrow >> warning, the following jokes are raunchy, risque, and for adults only. >>neuzanne, you look great. i think i'll have your room sent up to mine. >> no one threw a better party, a better black tie, a-list, racy, raucous, hilarious party than the king of cool... >> dean martin. >> dean martin. >> deano. >> dean, you're a phenomenon. you look like cary grant and you smell like ed mcmahon. >> starvista entertainment and time life present the dean martin celebrity roasts. >> dean and i have been on more floors than johnson's wax.