tv MONEY With Melissa Francis FOX Business November 22, 2013 5:00pm-6:01pm EST
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tuesday. economists are expecting starts to climb 1.9%. we'll see what happens with those numbers. liz: record day for the dow and s&p. we'll see what happens monday. david: "money" with melissa francis is next. melissa: economic terrorism. a newly-elected socialist to the seattle city council tells boeing workers in washington if the company closes its factory there, the employees should seize it. literally take possession of the plant. she is calling it democratic openership and it has got people up in arms. even when they say it's not, it is always about money. melissa: it is our top story tonight. see at el 's newest city council members urging boeing workers to take over the factory and shut
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down the profit-making machine. shy is a newly-elected socialist in seattle. she tells machinists her radical opinion after the union turned down a contract that would guaranty 20,000 jobs in the area. now boeing just might fly those jobs elsewhere. here is seattle radio show host david bose. what do you think about this and what is the reaction there. >> like a christmas gift to every other state trying to get work out of boeing. here you have a woman saying she wants workers to take over the private property of the business. the business that is right now actively considering moving significant work to other states. provides tens of thousands of jobs to washington's economy. she is basically saying, we would like to steal everything you have. this is in addition to the machinist vote that said, a big no, a very colorful no, to the company's offer for extended contract. meantime boeing has to be looking at this and asking themselves, is this really how the people of seattle feel?
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melissa: i mean i have to wonder, if you're a city councilmember, don't you take a sort of pledge to uphold the law? if you're part of government, isn't that the idea behind it, you're supposed to be encouraging other people to follow the law? she is encouraging them to break it. she says the only response can have if boeing executives do not agree to keep the plant here, for machinists to say, machines are here, workers are here. we'll do the job. we don't need executives. the executives don't do the work. the machinists do. i guess she is forgetting who owns the company. >> yeah, she is also forgetting what her function would be as city councilmember. if the law's get to mean whatever she want them to mean, why should any law she voting on mean anything to anybody else? what she is advocating is marxist, not just socialist. she wants these folks to go in there and steal this property from boeing, which by the way one of the things she added to that, if they stop building planes here they can build buses here as though the market demand for really expensive,
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60 million-dollar buses is so high we'll be able to keep those jobs afloat. that is just absurd. melissa: the battle of course is over a union contract. boeing offered an eight-year contract with 1% wage increase every other year. that is on top of annual cost of living increases. they mainly wanted to switch over the pension over to a 401(k) system, which the workers weren't happy about. in exchange for that, boeing was increasing the multiplier on the pension, that would give basically, give workers an extra $2400 annually each new retiree. they would also get a $10,000 signing bonus on this new contract. they didn't want this. were you surprised by that, that they weren't able to come to a deal? >> i wasn't surprised because there's been a history of animosity between the machinists and boeing. and there's a militancy there but, boeing's got to be looking not only at that vote but at the fact when the new socialist elect councilmember of seattle giving comments, saying we
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should take over boeing's there were machinist union representatives cheering, cheering this. melissa: really? >> the people i have talked to who taken a look at this deal. , we hear the usual rhetoric from the union militants saying this is an attack on the middle class, people are looking at this saying, wait a second, this is roughly an 08,000-dollar a year job with health benefits and cost of living increases. >> right. >> and a 10,000-dollar bonus and match to 401(k), who are you trying to kid? melissa: as always no one is being forced to stay in these jobs. at the moment, as this was happening, other governor, immediately lept into action. governors of utah and alabama, immediately set up meetings with boeing officials and said, come to our state. we will treat you very differently. do people in seattle realize what that would mean if the plant leaves as a result of all of this? >> i've been asking myself the same question. i think, in a way washington state has become complacent.
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the elected leadership here, you know, governor ends lee, he seemed to get a sense, hey it is important to keep boeing here. i will call a special session extend boeing tax breaks, when it came to push a political constituency, i think this plant is important and you should vote for it, but i'm not going too tell you what we'll do, he wasn't willing to put backbone into the long-term competitiveness for washington, the world is more competitive. instead he was relatively silent and whimpered away. melissa: not only that, people in seattle need to know what that means for their money. the show is about money. that's what we focus on. moody's said they would downgrade washington state's credit rating and losing the boeing and the 777. it could cost hundreds of millions of dollars whatever it normally cost in order to do projects if the cost of borrowing goes higher as a result of this.
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if you care about your roads and you care about your city and care about your towns and how much it costs to maintain those things, that cost could go higher as a result of these guys leaving. do people realize that, do you think. >> i'm not sure that they do. in seattle it is tough to know if they're concerned about the roads at least in seattle. we had a mayor recently unelected. he was putting roads on road diet. diminishing transportation capacity on the city. transpourtation planners create the narrowest portion of our major freeway system right through the most populated part of the state. there is a bit of insanity going on there the only excuse i can make for the city of seattle, people are numbed about dollars talked about on federal level basis and numbers don't mean anything anymore in terms of money. melissa: wow, david, thank you so much. good luck. >> my pleasure. thanks and i'm sure rick perry is looking forward to this candidate taking office. melissa: we will see. up next, how does 40 bucks for a doctor's visit sound pretty
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good, right? unless you're the doctor. we'll tell you how the new exchanges could be driving docs right out of business. what is more annoying than a stranger yapping loudly on their cell phone? how about being belted in right next to them at 30,000 feet? everyone's got an opinion about the big news that we may be able to use our cell phones on planes. love it or hate it? tweet me. it is today's money talk ir. more money coming up. hi honey, did you get e toaster cozy?
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>> get this. now the white house is coming out with a way to bypass the obamacare website and buy policies directly from insurance companies. part of the crazy new plan called, the way things used to be. melissa: surprising new loser in the obamacare sweepstakes. this time your doctor is taking a hit in the wallet. under the new health care exchanges, doctors will take home significantly less in reimbursements than private companies or even medicare. at 40 buck as visit, clearly this could have a impact on quality of your health care.
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joining us cato institute health care expert mike cannon. we have economist peter morici. mike, do these numbers surprise you? i mean i think that there was anticipation of a cut in costs but for typical office visit, private insurance would pay $60. if you're coming from the obama exchange, those doctors could get 40. what is the impact of that? >> i don't know what the prices to be charged for any of these services and neither does anyone else but you've heard about rate shock. this is where everyone sees, well, a lot of people see their premiums going up under obamacare. there will be this wave of outrage over quality shocks. one of those is doc shock. the way they're trying to keep premiums from even higher is by squeezing payments to doctors and other providers, in these health plans, which is fine. i want health care prices to
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fall. that should be, as a result of consumers putting downward pressure on prices and, freedom to pay higher prices, since that is what they need to do to get the care they w obamacare is go, give us basically medicaid for all where they try to keep prices down, where they push prices down through government price controls and other sorts of government tools. that is going to, restrict choice for a lot of patients. they are not going to get to keep their doctors as president promised. we'll see another wave of outrage over the broken promises under this law. melissa: if a doctor is being paid one fee from, you know, one insurance plan, and then less than that from a patient coming from, you know the obamacare website, why would they see those patients? won't they not see those patients? >> of course some doctors -- melissa: hang on. let's let peter in here for a second. peter go ahead. >> all right. >> let's consider the doctor situation. if there are only few health
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insurance companies in this county because obamacare encouraged most to stay out the insurance company could get away with this, simply because you won't have enough patients by specializing in higher-paying insurance option. if are is only two or three companies, that is happening in lot of less populated areas. what obamacare has done is permitted insurance companies to monopolize some of these markets. you go 50 miles from den very, all of sudden prices triple. they turn around and cut fees they pay doctors by a third. what they're doing creating for themselves a huge profit margin. what you have here is monopoly abuses which you've got of consumer and producer. the guy in between is getting all the cash. where is the justice department with this kind of abuse? they're busy investigating texas and jpmorgan but not the insurance companies in all this because after all, they make hefty, healthy, contributions to democratic candidates that sit up on capitol hill. melissa: interesting. mike, do you agree with that point of view? >> well i definitely agree that obamacare is going to lead
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consolidation in the insurance markets, not competition in the insurance markets. and that the insurance industry, and democratic party have been very close to each other ever since 2009 when they got together and president cut this deal with the insurance companies, to force everyone to buy their products. melissa: peter what strikes me though, i look at place like new york city, for example. unitedhealth group told physicians under contract there that, you know, if they're coming from a private insurance group they will pay a different price versus, but they will cut the price for people that are many coulding from the exchange plans. seems like new york city where there is lot of choice it, will become a two-class medical system almost immediately, no? >> the self-employed, have to buy policies for one or two or three employees that use the exchange, self-employed and so forth, they will have trouble finding doctors. it is not just them. 25% of the population has private medicare.
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25% of the population over 65. that is they have taken this private choice option. now they're cutting back reimbursements through those, those plans. those plans, for example, through united health care are cutting back their network of doctors. they're literally can you cutting them off. throwing them out. already many practices around the country only take medicare patients with them during their younger lifetime. they won't take new people who move in from out of town. melissa: right. >> so it will be very difficult to ffnd a doctor with obamacare. melissa: speaking of finding doctors, we found one. let's bring in dr. rob kolmarik. a concierge doctor i believe in the new york area. how is this impacting you? are you seeing this and how is it impacting your business? >> oh, you know, it does impact our business, quite frankly from the concierge model, we're becoming busier and busier because patients are gearing up for these exchanges and they realize, hey, i want to have
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access to a physician. to have access to a physician in a concierge practice means they're going to get better care. and they will have access to care on a regular basis. i used to have a traditional practice where i saw patients on a regular basis in the insurance system. one of the problems with that is because of the declining reimbursement which has become so incredibly drastic over the last couple years, it is almost impossible to run a traditional practice. you start having to make adjustments in your practice. letting staff go. decreasing salaries. decreasing benefits. for the average family doctor in the united states that is self-employed, running a practice right now is just almost impossible to do. and what is going to happen is, when these exchanges fire up, and there's decrease to, a ses to care because you will have doctors already just ballooning at the seems with patients they're trying to care for, and you will cut reimbursement further, how will you deliver
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care it these people? most doctors in the united states at this point are overburdened with trying to care for their existing parity the and trying to keep their practices afloat. where i'm located, actually in ohio. melissa: sorry, yeah. i'm sorry where you were coming from. >> yeah. melissa: do you feel bad about that? we're creating a two-tier medical system when we were supposed to create health insurance for everyone? you got into the business i would think to help people. now you're only going to help wealthier people that can afford you. are there good doctors who will stay in for less money, because they feel a moral obligation to do that? >> i'm sure there will be plenty of doctors that want to stay in and help their clientele. i tried to keep my practice of 18 years in family medicine going as long as i could. @uite frankly when i transitioned out of traditional health care, model insurance based it was painful because there were clients that i had to leave behind that i had
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substantial, long-term relationships with and it was like losing an arm. but the reality is, in order to stay afloat and to keep my business open, i had to make a decision. was i going to go under and have to close my business, or transition to a model where i could keep it open and there were going to be clients that could follow me and some that wean going to be able to. melissa: yeah. >> i wish they all could follow me but that is just not the case. health care is expensive. melissa: mike, is this what we're going to see everywhere? >> i think getting back to a point you made before, i think it's a mistake to focus on the tiers, whether there is one tier, or two tiers or three-tiers, there will be inequality. the rich always in any sort of system. total single-payer system, rich, powerful, politicians will always do better than the average person. what is important to focus on not how many tiers there are in the health care sector but what are the trends. melissa: what? >> what are the trends?
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are prices falling in health care ? is access, health care becoming more widely available? is quality improveing? is access to care getting more secure? under obamacare all these trend will be heading in the wrong direction. melissa: we have to go. leave it there. coming up on "money," making calls in the air. airlines may lift restrictions on cell phones in flight. is a great idea or the worst plan ever? tweet me and tell me what you think. wait until you hear what comes out in our money talk ir. more "money" coming up.
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want to spend three hours on a plane. it had to be today's "money talker." our panel is all fired up. here is susan sulivik, remi spencer, john jacoby. what do you think. good idea, bad idea? remi, what do you think? >> a bad idea. one place we can go where nobody is talking on their phones. if they allow phones and try to separate the plane, it will be reminiscent of the smoking days where they had smoking section and non-smoking which was a joke because the whole plane was like smoke. >> right. >> there was no quiet space on a plane. melissa: talking about the fact there is quiet car on many train not allowed to use cell phone. maybe that is place for planes. what do you think? >> i disagree with that i'm a business traveler, where i have a two or three-hour flight getting work done. i would be next to the chatting on cell phone than chat me up on the flight. i get really irritated. i pull open the i book and start
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reading. other thing have you ever sat in front of crying screaming kids or one kicking you in the back of the seat. melissa: that is my kid doing that. >> i appreciate parents, what they go through. melissa: okay. don't worry. >> i listen to the cell phone conversation rather than kicking kid, oh, horrible. melissa: but it is not practical. if you have somebody on the phone and they're, forgive me, you have a nice, resonant voice, sitting next to you an conducting a business call, it is right in my space. i can't do my call and you do your call tame. we're -- at the same time we're both shouting at the same time. >> it requires people to exercise come men sense and good judgment. melissa: we don't have that. >> when people are traveling they're not at their before. we're already frustrated. we're crammed into the tiny little spaces. we spend hours in the security line. peopll are on the phone, whining, complaining, fighting. they're not all professional and respectful. >> flight attendants have a lot
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of latitude what they can do with passengers. if somebody gets out of line -- >> don't want to leave it up to them. we do not want to leave it up to them. melissa: heavy they have a lot on player plate dealing with drunk passengers and security. phone police, people talking too >> melissa, i was on a flight this week, i can tell you every single word people behind me said in the conversation. melissa: right. >> if i wanted to sleep, forget about it, doesn't matter whether they were on cell phone. >> i think it does. when you're into conversation -- >> does need to be regulated you're right. when you're in the middle after conversation you kind of lose sight of people around you. anyone with a cell phone knows that they have been there i'm guilty of it. melissa: yeah. >> when you're crammed in with 2, 300 people, you can't leave. can't walk out of the store. go to another room. you're stuck in there. melissa: is there way you can manage it? begs the question. could you do rose or space. the plane is already jammed. is there way to manage it?
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>> to that point, i see business potential here. sell the rose, potentially increase revenues for airlines, even though manufacture you ares with all different types of gadgets and hardware. >> don't give airlines anything more to nickel and dime me about. i don't need that. i will say this much, sitting on plane, before you take off, minute you land people pull out cell phones and talking. i never find that to be issue. >> that is because you know you're walking off the plane. you will not have -- melissa: what if they had like a little slice uptime in the middle, people allowed to be on the ppones that could be off. that could be answer. you have to limit it one way. a phone hour. >> i think that it is going to end up being something like that. i think faa will allow cell phones on planes but it will be up to the airlines to regulate it in a way that the consumers demand because nobody wants to be on the plane -- melissa: -- delta all said they will allow passengers to figure it out. they will get their feedback
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from them before they decide. what do you think the passengers will say? they want it or it is too annoying? >> i think the most, i will say this, business travelers. that is where i fall into, business travelers will say they want it. if you try to limit the time, you're going to get another alec baldwin who will say, run into the john, i still have to finish the call. you will have more problems if you try to say only do it from this time to that time. >> how do amtrak? melissa: they have designated cars. >> separate space, walls, doors. you can't do that on a plane. not everyone can afford to travel in business class. in the fact of the -- back of the plain where most people sit it is loud and thosesy and it is tight. people are not having quiet conversations. >> airlines do this right now. a lot of european and asian airline companies, they have phones and you're allowed to speak through satellite and they're. >> for a long time, absolutely. >> that is not new. >> i don't always travel business class.
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i get upgraded quite a it about. one of perks being glamorous traveler. be careful what you wish for. i'm in the back. once again i don't think the cell phone situation is going to make any difference. you've got screaming kid. you've got disgruntled passengers. you've got people ho are loud. melissa: i don't know. >> sat between great big heavy guys on the plane other day and coming over in my seat. i finally like elbowed them. melissa: you would just elbow the person with the phone. jut the hell up. >> good judgment on planes. >> don't mess with my space. melissa: thank you, guys. >> you're welcome. melissa: the boom in bows and arrows thanks to the release of "hunger games: catching fire." we have an archery range entrepreneur that says sales are surging. "piles of money" and some bows and arrows coming up. thanks, guys. she loves a lot of the same tngs you do.
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melissa: not to a success story after my own heart. my next guest is stepping of the class sherman giving a no-nonsense lesson on how to make it america. fourteen years old. co-authored a book on capitalism called our best tomorrow. students teaching capitalism in america, and she joins us. thank you so much for joining us. you are zooming to the top on the amazon list. and i am wondering, what makes you think that kids would be interested in reading a book about capitalism? >> well, what i first thought that we were writing a book on capitalism, i was kind of thinking, well, why is this important? and then as i began to study and learn more i began to realize that it really was important and kids need to know this. i hope that by reading this book and i kinda just picking it up on the shelf and reading the back of it there will realize how truly important it is and
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how important that they need to know this. it would just kind of pick it up and read it and maybe there will like it. melissa: he tell the story -- i mean, it is a fictional story in order to bring people in and get them involved in the characters. three kids that grow up and go into business. the main character becomes the president. it shows business owners starting from nothing and creating jobs and giving back to the communities. why did you think that that was a lesson that maybe kids are not getting elsewhere and news from the story? >> well, when i look around at our community and go and ask people, have you done charity lately? there are just kind of, oh, you know, i have done it a little bit. i feel like it is important that we all kind of stick together and help each other through capitalism because really we are all in this together. capitalism cannot work if we don't stick together and rely on each other and respect each other. melissa: how do you make that connection between charity and capitalism?
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a lot of people think that being left and being liberal is what is, you know, more compassionate and that that is where more charity comes from. how do you connect capitalism and what many people think of as the greed for profit with charity? >> well, i think the best way i could explain this would be to telling the story of the boy character in my book. his name is jake. he stars seven california and moved to kentucky. he was kind of -- the average family. he started out as a nice life and then moved to kentucky in the began to realize that it was important that we all work together. so he -- when he started his company and got on his feet he went to the bright center. because the rich people rely on the poor people to help them. the poor people rely and the rich people to help them. then it can kind of become a full circle. the poor people can get involved in capitalism and eventually they can be the wealthy people
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and help more people. it is kind of like a circle. melissa: thank you so much and good luck to you. >> thank you. melissa: you may think of anyone talks about is money. course that is what we talk about all the time. but in "usa today" survey released some outlandish numbers on who is not having that money talks that they should be having 56 percent of people polled in a 5400 person survey say they have not discussed financial planning and all with their children. that is a huge disconnect on a very important topic. if you are one of them and you and your money may be headed for disaster patricia powell is here, president and all financial. thank you for joining a speed. >> thank you for having me. melissa: i thought it was pretty staggering 56 percent of people over the age of 50 have not discussed things with their kids like whether they have a well, their health directive, their inheritance plans, when they plan to retire.
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a third of people surveyed 50 and older say they feel well prepared for retirement. that means two-thirds and not. >> that is amazing, is in this? melissa: so these are people that are, you know, in the second half of life, i hate to say. >> there in the final stages of preparing for retirement and they're not there. they're not anywhere near prepared enough. that should not come as a shock to us. over the past two decades we have that so many changes including the fact of people don't get pensions any more. less than 20 percent of the private sector gives pensions. 80 percent of people work in the private sector and that to do it on their own. new companies don't offer pensions. the new microsoft and apple computers, these companies don't offer pensions. melissa: and they're is a disconnect between parents taking care of kids and realizing that they need to take care of themselves. that is the best thing you can do. for example they pay for
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insurance come help pay for a house, help pay for car. these are people that should be thinking about their own retirement. they're giving to their kids. >> it is a real drag on their retirement plans. one of the most common questions i get among my clients is when did i cut off my "spare change" might find? held by the? demo, i think you've answered your own question. they're 30. they're 22, 23, just getting of college you might give a transitional plan. lyle is tell them is you have to have a plan in you have to put limits and boundaries on it makes everybody happy. it is the nebulous, i don't know. it's gotten a house for 20 years. suddenly, beverly want my 45 years of living here? melissa: not only that, you know, more than 90 percent say they would not be financially prepared if their aging parent or close relative needed long-term care, and i don't mean
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the kids to miami adults. 90 percent as saying there would not deal to pay for it. some only 37 percent of people aged 50 or over believe they will need long-term care. to the truth is at least 70. but they are not saving for it. the kids and saying, we cannot pay for it. that is a disaster. >> a disaster, and it is a medical disaster. when you run out of money in the long term care, that is where you go. because a disaster for the entire country. melissa: real quick before run at the time is that don't want people to feel hopeless. >> get a plan. sit down and start planning in out. tell the kids, you will be supporting them anymore. your adult children should be self-sufficient unless they're self-sufficient unless they're is a specilumbar button.
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♪ melissa: from every corner of the glove money has been flying around the world. let me tell you, starting in england uk billionaire sir richard branson is showing he is still on top of all the trends announcing today that is version but one now accept it coins as flint payment for flights in the space. makes perfect sense for his passengers. of course it does.
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plans to promote the chinese city of macao. hoping that the soccer stars status will boost its brand in a country where casinos cannot advertise. the core branding deal will focus on dining and retail. last year they made, 60 percent of its revenue from casino resorts in macau. and back to britain. praise department stores have them solve the world's first champaign vending machine. i like the sound of that. stocked with bottles. each one comes with crystals. about $29 a pop. the store says it allows customers to drink and buying as they shop for the festive guess. nothing is more dangerous than a little drunk shopping. you always spend more. >> why don't we come back out here and play. >> no.
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melissa: well, that is the danger. the hundred games sepal catching fire opened last night. $25 million of the box office. but this series has also spawned a generation a bow and arrow and dizziness. it would have thought. would be kendis every beans are popping a ball of the country. the owners of one archery range are cashing in on the craze. joining us now, the owners of wasting archery range. thanks to both of you for joining us. so you set up by a group in front of the movie theater in order to show people. >> we do. we did a tabling in movie theaters to get the word out that we exist it's a really good way to get everybody coming into the movies. the little kids, i want to do that. there we are with our display. we give out coupons until then, hey, if you want to shoot a bow,
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and perry will set you up. melissa: let me stop you right there. i don't know if you have seen the movie, but it is all about kids killing other kids. so then to have the kids come out and you're going to try and get their parents to pony up to buy them a bow and arrow after they just watched a movie about kids murdering other children. i mean, to the parents like you like you're insane? >> no. they don't. they know it is a sport. she kills birds. you know, it's not just kids. in the new movie, up against the other victors. no one to be a spoiler. melissa: you don't feel as bad about those kids being murdered. you don't really mind the bell and narrow. how much of a boom in business has cost three? >> it has been a huge boom. the hungry games.
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there are a bunch of archer and pop culture right now. it's huge. we have just tons of kids coming in channeling their inner kendis . melissa: i don't know if you guys are able to bring a thing with you. what is your biggest selling adam right now? >> well, mostly weaker bows that look like what she has in the movie. the archery industry last on to this. they have catching fire bows to my catching fire arrows to my catching district 12 longbows. everything that you can imagine. they can take advantage of the trend. melissa: jennifer lawrence apart early had an olympic medalist working with there. you did. fantastic. we want to see it. tell us what you brought with you? >> this one is a recur bowel.
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this is where she sits in the movie. it has one curve here and then a curve on the outside as well. this is the kind of both issues sheets when she gets tired for the game. in the first movie before the broader and she shot a longbow which is something like this. melissa: what to both of those go for? their beautiful. a look expensive. >> actually, you can get this bill here for $125. they are not that expensive compared to a lot of other sports equipment. melissa: where do you use that? do you go to a range? and showing how a marine i am about our jury. arrange or is there a safe way to do this? >> that is what our business is. we have an indoor archery range for people can come and shoot in a very controlled and safe environment. we provide rental equipment said that people don't have to even
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buy elbow until they know that they're ready to do it. and so that is the key to our business. people can just come in, they saw the movie, want to give it a try. we give them the equipment, teach and how she safely and give them a nice, safe, controlled environment to do it in. melissa: i applaud you. we love on to bring your spirit i applaud you for making the most of the movies the men getting out there and having it help your business. good luck and stay safe. >> thanks a lot. melissa: up next, how much do you love the smell of sizzling bacon? enough to rub it all over your body to make the owners of a new company of bringing home the bacon sunscreen, deodorant, and more. they are here with all the juicy pork the product speaker never have too much "money" are too much taken apparently. ♪ americans take care of business.
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♪ melissa: well, it is time for a little fun with "spare change." bacon. you can't go wrong with this currencies sizzling goodness. one company was going out of them a little bit selling they consented deodorant among other things. guarantees to levy's million needy fresh. the man behind the bacon, a co-founder of a company. he joins me now. we could not resist. no one loves bacon more than i do, but i don't want to smell like bacon. who is buying bacon deodorant? >> maybe it is the people that want everybody else to smell like bacon. everyone loves the smell of bacon. you like waking up in the morning. it gets you up and gets you going to. a fun thing for the holidays to
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make a little novelty product. bacon deodorant. it is huge. melissa: people buying this? >> we have sold out five times. melissa: bacon sunscreen. this is a good seller? >> you know, that's a different -- is a seller. the sunscreen is funny. the reason i thought it was a good idea to make was because i hate cocoanut. i hate smelling like coconut. why wouldn't you want to smell like bacon? melissa: bacon flavor of envelopes. many like the of love the taste like bacon. you want to teach a baby they crave bacon. >> that was really more of a joke product.
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the envelopes for a good seller. those are all fun things. melissa: absolutely. the bacon coffin is about $3,000. are there symbolism? eighty-two much bacon and this is where you will end up. what is the deal? >> it is for people that love bacon. may be a star with bacon baby formulas. the ebay contract life and the dying get wrapped in bacon casket. the circle of life. melissa: it is without question to the bacon live ball, that one blows me away. you're sitting there, it will does make you hungry. i am not sure that makes it that much sense.
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>> a thai chili sauce. the bacon product, things like they consult, bacon a spirit rissole those and retailers. make fun novelties. there's a huge contingent of people. put it on everything. melissa: spencer russell the bomb. if the press bus in the palm on it is supposed to sue. all the sudden you're burning. we are out of time, but i love you and your product. >> happy holidays. melissa: next up who made "money" today? a rocky road at the end of the summer, but talk of a takeover as investors ginning and. not sure who it is. we'll of the answer straight ahead. you can never have too much "money." ♪ hi honey, did you get e toaster cozy?
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street remains treat coming year is to make "money" today. anyone who owns time warner cable be read word out that cable giant comcast is weighing a bid for its cable competitor. a deal between the two would merge the largest cable providers innthe country. talk of the takeovers and time warner stock surging almost 10%, outgoing ceo owns about 159,000 shares. up to be borrowing money, vice-president joe biden offered to buy lunch for a group of people at a deasy sandwich shop. did not quite have enough cash on hand. $56, but when people that is money and candid he turned to an aide and asked for ten bucks. the crowd get a kick of it. no doubt he flashed those pearly whites. hoping to make money, auctioning off his mansion outside of chicago. 56,000 square feet. while. as an nba size regulation basketball court.
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it was listed for 29 million. we will see what it goes for. us a people need a house that big. that's all we have for you. have you made money today. a great weekend. "the willis report" is coming up next. ♪ gerri: hello, everybody. i'm gerri willis. tonight on "the willis report" consumer relief or blatant union to know. watching out for you tonight on "the willis report". ♪
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