neil: the government massenet, now th president callingnd rock stars to help have to do. but why were they not involved when health care lalas starting out. welcome, everyone, no, i am melissa francis and notneil cavuto. president obama meeting with dozens of huge companies the heads of ape and twitter and yahoo and google. talking health care at the white house. the healthcare.gov website, former adviser to president

bush, brad blakeman says it is a little too little. marissa mayer would've been fantastic to call her early on. but now come i don't know what she can do to help. >> i think the president is desperate and he has callein the techies and it's too little too late. and he got the best and the brightest to come build his campaign website and by al accounts, it ran fantastically. so why did the president called these brilliant minds to help them? they are coming to validated system that is still broken. melissa: sheryl sandberg has been one of his bigge supporters. she had a lot of engineers that could have come and helped probably for free. and he knows that he has all of

silicon valley at his disposal. what's your theory? >> the president said that we had to go through a bidding process and the president should have put together an advisory board and hired them to build a website for obamacare. he didn't do it. it is incompetency and a lack of interest and a failure on the part of hhs and leadership, which is the secretary kathleen sebelius beyond the they didn't care that much? i don't believe the bureaucratic red tape in s part of that. he has proved that time and again. what you think was really the motivation and do you think it was that he did not care? >> i worked for three president and the president loves being president, but he hates to work. this is my signature piece of legislation, i wouldbe dogging the executive branch and the

white houseo show me that obamacare's rollout is normally proficient, but also in policy. and this has been a failure from the top down. >> whether it's tim cook and they do this photo op and hard to imagine that they are really able to have that much input at this point. a lot of people say that this website is beyond fixing. they risk anything by coming out and being associated? >> yes,they do. including the companies they serve. many get 300 million hits a day. and how is it possible that they can have this kind of traffic flow and user relationships and the government can't do i? earlier today he hired a mrosoft executi who is the husband of democratic

congresswoman had obamacare. but he thinks that that is going to get him out of this mess? the best and the brightest without the authority and the purpose. melissa: you don't think this is a good choice? this ea is a microsoft executive with a lot of experience and maybe a step in the right direction. >> the reason being is that i find it too suspicious that this is the only microsoft executive who helped happens to be the spouse of a democratic congresswoman and it might be a step in the right direction, but he's not the only guy. you need a team in here with fresh eyes to look at this and there's no doubt that it can be corrected. but the question is how much. melissa: the president also talking to tech execs about the nsa snooping program today, a federal judge ruling that the nsa spying is unconstitutional.

in the tech giants have been caught doing so much of the same thing, like snoopingnd sharing information. my next guest says the that some companies deserve this. michael, first and foremost, do you think that this ruling stands up? >> yes, i think it is a well reasoned decision. you have an expectation of privacy. it's one that society should recognize and i think that the standard fourth amendment analysis is part of this. >> the companies that have been involved, there is only so much that you can do. they want to protect their users information and in your not buying that? >> no, i am not. because the have a lot of privacy policy for they make a sign when we are thr

customers. and those privacy policies -- no one reads them becae it takes too much time. but they stated that those companies, they can basically go in and do whatever they want with data that you provide them. and they're collecting data for purposes of advertising and doing things tha is part of this bigger problem than what the nsa has been doing for most people. melissa: do you take the logical extension and say that they are then, you know, selling it to people who anted for advertising benefits and merit cooperating? >> well, it's not clear. e program which is the nsa program to acquire intert information. it is not clear whether they are sending it in transpacific information on specific individuals or getting wholesale direct access to the information

i tend to believe the former rather than the latter. >> why would you do have? because it feels like they're going in with a vacuum cleaner and soakingup whether it's my calls or information and they are saying anything that we may need this lat in mywe hang onto this? why would they say that they are more surgical and i? >> in this case i think they been more surgical because of the overlay to the process of the little but more complicated for them. but it's absolutely clear that they are mining the data and analyzing and setting it and they walked into this with the president. melissa: colonel layton, then i'm whispeng to another with human being in the house. when i'm on the phone, i'm on skype, someone is listening, or is recording it and saving it for later to listen to. >> they can do that. given the way that we mind in

data nowadays, it is likely that your data is eing part of this or the internet service provider or by facebook or some other social media outlet. those are the kinds of things bebecause we let it happen. we need to have a conversation in this country about privacy in general and not just about what the government is doingand that is important. also what private companies are doing. the reason we need a conversation is becse that turns everything on its head by now. and we have that capability to do lots of things in my month of data and we have to be very careful. melissa: but they say that we have let this happen. is there anyway to get the horse back into the barn? >> not without legislative action. it seems to me that the digital age has been an explosion in the transfer of information. by those unaware of the fact that government and or private sector would be analyzing and selling or using mess analys.

melisss: voluntarily or unaware? those words don't go together. >> they are voluntarily participating in facebook and twitter and skype. as well as google and all of those things. there is a voluntary participation in the communications process and i don't believe that they are aware that the tech giants are part of this for advertising targeting purposes and this includes those accessing it through the nsa and the courts.

melissa: i am painfully aware. and i'm not sure that legislation is enough. it couldakcriminal action to turn this around. >> i agree and that there are a lot of different aspects to this and it's a key component to it. but i also think that it n only takes that, but the change of our mindset as to what is acceptable from a privacy standpoint and what is necessary in order for us to be able to prosecute the war armchair. lissa: we appreciate your time. >> everyone with employer provided health insurance. if you think your coverage is not ffected by obamacare, you are wrong. i take prilosec otc each morning for my frequent heartburn.

becae you can't beat zero heartburn. woo hoo! [ male announcer ] prilosec otc is the number one doctor recommended frequenheartburn medicine for 8 straight years. one pill each morning. 24 hours. zero heartburn. melissa: think again, in a new ap poll, the majority of the employer in sure, those who don't need federal insurance are now reporting premium hikes due to the new health law. 59% have seen their copayments

increase. jamie weinstein sa this is just the beginning. >> this was known by the administration one time ago. but if you remember, if you like your health insurance, you can keep it is what we heard. then we determined that a lot of people were losing their health insurance who said there's an number of people that are small the administration in 2010, predicting that 78% would lose their coverage because of the regulations of obamacare. and that is just beginni to happen and will continue to happen in 2014. melissa: i think one of your

main point is that if you are continuing your health insurance, you are saying that premium go out. they have been going up year after year and you can't really blame us for that. so how do you respond i? >> it is increases. >> that it's more expensive insurance and the point that has been there and they may be more expensive.

>> we are not getting a loo of access to hospitals. >> that doesn't strike me as better coverage of us are getting something for them what you're getting at something that you don't need like maternity care. and this is not the people who are receiving it. melissa: if you had to guess what percentage will see their premiums go up significantly. >> yeah, i don't know the percentage, but the administratn is part of it.

>> it maes it seem like the majority of people are getting screwed. is there a backlash coming? >> i think this is a very hard thing to put under the political landscape of your the democrats. everyone is going to be effective in some way by that. and even if you are a partisan democrat, your ideology sometimes goes out the window when you're a senior premiums go up. >> when your dollars go out, your ideology flies with it. thank you, i appreciate your time. >> here is the bad news. we are out more than 10 billion we are out more than 10 billion %-shell out to help us to this is the quicksilver cash back card from capil one.

it's not the "limit the cash i earnvery month" card. it's not the "i only earn decent rewards at the gas station" card. it's the no-games, no-signing up, everyday-rewarding, kung-fu-fighting, silver-lightning-in-a-bottle, bringing-home-the-bacon cash back card. this is the quicksilver rd from capital one. unlimited 1.5% cash back on eve purchase, everywhere, evy single day. so ask yourself, what's in your wallet?

melissa: a 10,000-dollar bill of loss. the treasury is just the same as anyone who purchases the stock. julie radinsky says we are making a fair point. chris, why do you disagree? >> i disagree because this was in a traditional, you know, it wasn't a normal transaction. this was part of a very unprecedented program -- repayment program by gm to the american people.

it didn't work out. >> but they set the terms. they came in and this was like a private equity turnaround. they brought in situations and they turnaround the company and they decided when to sell this up. >> it's a moral hazard and if yoare a regular stockholder and obvious lack think i'm not a lawyer. from a legal standpoint and the more hazardous standpoint. >> why don't they describe as a

long? the company has been turned around and they are making lots of money which is the main deal. so why not be generous and make the tax payer whole? they are facing pr pushback. >> this includes expansion mode and the americans are not going to accept that. melissa: oliver fox news, fox

business, the taxpayer lost money. >> i guess thateveryone wanted them to be out of general motors, they decided that they are going to get out. because they're not supposed to be in the car business. and you are right. i guess the treasury departments are really bad investors demand i think that that's the main point. that the government has no business investing and they don't know when to do this and they don't care. melissa: if this was a private equity turnaround. they made their money back. otherwise they would've had to go back and there would've been a loss for the partners. the problem is he investor is running the investment and not paying the price is that not a problem? >> yes, that's a problem. the ameran people are paying the price. shld they have been bailed out initially? probably. >> small businesses don't get bailed out. capitalism, some people fail and some suceed. and they should have no business

being an investor in the first place. >> i disagree with that. i think that all the people -- those that make the widgets and the tires and all of this, run the auto body shops, all those people got peeled out because of gm. >> that's correct. >> but that's a whole different issue. you're making this incredible point. but this is part of the political perspectives and exactly what the problem is. people say that we have to get out of this. melissa: but now for ever, all depending on when they exited this. that was the manager of uccess or failure was a 10 billion-dollar loss. they held in the people forgot about it. >> i guess the treary, they are part of this. >> all right, thank you to both

of you. >> the budget deal that would prevent another shutdown. winding its way through congress. david stockman says not only a bad deal for taxpayers, but it is joke and a disgrace. coming up next. (vo) you are a business pro. you can separate runwayridi. seeker of the sublime. from fason that flies off the shelves. and you...rent from tional. because only national lets y choose a car in the aisle... and go. you can even take a full-size or above,nd still pay the mid-size price. (natalie) ooooh, i like your style. (vo) so do we, business pro. so do we. go national. go like a pro.

open to innovation. open to ambition. open to boldids. that's why nork has a new plan --

dozens of tax free zones all across the state. move here, expand here, or start a w businessere and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and ows more businesses... we're open to it. start a tax-free business at startup-ny.com. spume on the budget deal of just announcing a hurdle in the senate today. that is the one that only cuts $23 billion in spending over 10 years. that's like ice cream or soda money. david stockman says this is a terrible idea and one that will hurt republicans who agreed to this mess. do you think so? really? >> at the beltway con job. they are adding 65 billion to the deficit this year and next year.

the same money they saved in 2001 when they made a last-minute deal. then they will pretend to recover that money in 2022 and 2023. so far down the road that it's not just kicking the can down the road as far as i'm cocerned melissa: nothing that you said is surprising. they send like drunken sailors. is there anyone in there that is really committed to getting this under control? >> i think that there are some liberals alike to cut defense. t the price f getting this resort in the sequester lifted was to give all the republicans another 22 million that we don't need. so we now have basically a symbiotic process. the liberals and the taxpayers are less a part of this and the next generation is going to carry that.

>> when you stop a highness, y say this is bad for republicans, but i think hat tey are pitically dead because they get the focus back on the health care failure. is that not true? >> they can focus on it. i'm a critic of obamacare. i think it's the geatest public policy disaster of the last 40 years. but that doesn't mean that we have indefinite time to letthis deficit and national debt faster. because when they walked in two years worth of agreed upon high spending, they said that we are not going to address the issue until 2017. blasng through it as. now, do you think that we can last and then maybe impact the budget? >> would've the what is the opposite? what is the alternative? a shutdown makes republicans look bad and at the end of the day doesn't get anythi done. >> they have to fight for what they believe in. the house republicans did not need to serve up a bust of that.

that was a case where boehner capitulated a part of this nation is said that we are sticking with the sequester. and we agreed to it two years ago. and that was the price. everyone of them said at the time. when we get down to this, so to speak, they basically capitulate again, surrender again, and the reason that i am pessimistic about the future is that both parties are playing this kenzie endgame of adding to the national debt. melissa: that terrifs me as well. what scares me is that there is no solution with a dramatic reversal and i don't know who has the political gumption for th and at the same time, if you likehat we are leaving to thechildren and grandchildren here is a moral. >> i agree with that. therefore republicans who took theasy way out are part of

this. andit becomes noise. so the difference betwen this could've been part of god and all that is just noise. defense spending was 400 billion in 200 and today's dollars. 60% more, they can live with that. we had no new industrial state and we have been fired as policeman of the world. so why can't the republicans give this out. the cold war endedd 25 years ag, crack do on the pentagon, call the bluff of the democrats. >> do you think that's a real solution? global republicans get back in

turn? are wereally making a difference with this tremendous thing? >> yes. they could've called the democrats. the sequester is the law. they could've said that we are sticking with it. we are not going tobust this. 65 billion. and if you want to shut down the government. >> but then the democrats say, okay, we are going to do what we're doing. and they don't cut spending or they raise taxes on their side. >> i agree with that. but on sequester, it was all more domestic spending and defense. so why did they capitulate and some under on the sequester. they did it so they could get 22 billion more per year and the price was part of this, 22 billion more of domestic spending that they don't need that it's actually 50% high than when bill clinton left office and he wasn't starving, you know, childcare and

education in all the rest of. melissa: maybe they were tired and they couldn't do the ma. thank you so much. >> thank you. melissa: the government is cracking down on coal and fighting cracking. but when it omes to windmills and solar,washington is spending billions and even that is not enough and it is looking for muchmore. [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're gng to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. [ male announcer ] if we could see energy...

what would we see? ♪ the billions of gallons of fuel that get us to work. ♪ we'd see all the electricity flowing through the devices that connect us and teach us. ♪ we'd see thatlmost 100% of medical plastics are made from oil and natural gas. ♪ anan industry that supports almost 10 million americanobs. life tak energy. and no one applies more technology to produce american energy and refine it more efficiently than exxonmobil. because using ener responsibly has never been more important. energy lives here. ♪ hmm. mm-hmm.

[ engine rev] ♪ [ male announcer ] oh what fun it is to ride. gethe mercedes-benz on ur wish list at the winter event going on now -- but hurry, the offers end december 31s [ nta ] ho, ho, ho! [ male announcer ] lease the 2014 ml350 for $599 a month at your local mercedes-benz dealer. dave's always wanted to do when he retires -- keep working, but for himself. so as his financial advisor,

i took a look at everything he has. the 401(k). insurance pies. even money he's invested elsewhere. we're buding a retirement plan to help him launch a second career. dave's flight school. go dave. when people talk, greathings can happen. so start a conversation with an advisor who's fully invested in you. wells fargo advisors. together we'll go far. melissa: a 6 billion-dollar green subsidy program and don't forget e other companies going bust after collecting government cash. supporting the green some cities program. >> it's better for the

environment melissa: oka, so what do you thing? >> they are creating jobs. cheap natural gas. >> we have to start looki at a american creativity and ingenuity, we can make this cost of energy lower and it will be better for the environment and of course we need to have this innovation. melissa: we can disagree on where the best energy wouldcome from in the future. but why does the government believe that youave every right to have ur way? is it such a great idea? private industry should do it. >> you are right. for example united states enrichment corporation.

>> because this is the way of the future. this is where the jobs are going to be created nd ts is where the economy is part of it as well. melissa: let me give you an example. elon musk, electric cars. he is a great market for them. he takes government subsidized loans and he said that i would be happy to and i don't need the money is a business that people like. why can't all green energy exists in a way to? >> is just not a level playing field. the government subsidizes nuclear and the governme is like, you know, sure, we are doing everything we can to incentivize the production of this and we can no longer be

investing in oil because of this this could possibly be usedand we can set that aside. buour carbon footprints become heavier. we had to create that economy and incentivizes. this includes the economy and job in leading the way.

>> we need to look at the jobs of the future. >>o you would agree that shale and cracking and there's a lot of environmental implications. this includes the health of the environment and theglobal climate.

>> if you are thinking about fighting off a cold with vitamins, think again. docts are saying that it could be a big waste of this is the quicksilver cash back card from capital one. it's not the "fumbling around with rotating categories" card. it's not the etting blindsided by limits" card. it's the no-game-playing, no-earning-limit-having, deep-bomb-throwing, give-me-the-ball-and-i'll-take- it-to-the-house, cash back card. this is the quicksilver cash card from capital one. unlimited 1.5% cash back on every purchase, everywhere, every single day. so let me ask you... at's in your wallet?

melissa: all of that is spent on staying healthy. a top medical researchers say that what we found time and again is that the supplements are not working and that we don't need to go on studying them for ever forever and this on top of reports showing antibacterial soap is not stopping the threat threat of infection and illness. and both of them are billion dollar industries.

and this is part of whether the consumer is getting duped. >> utility that? doctors on tv? no, i don't think so. they look at the big ticket items. >> does seem important. -elissa: i love all of those things. >> vitamins play absolutely zero role in preventing any of those things however, i would argue hat in the minor stuff, the system is perhaps part of energy and muscle in the muscle skeletal system and at some point in their life ey may work. the big ticke items per share are part of it. >> so why would they tell you to take vitamins every day

>> taking the multi-badlands, do you think you have an interest? >> it doesn't even make any sense. it leads to rtain bizarre fight them in turn vitamins. and this includes the company's and all of this is not regulated by the fda and not by medical ai it's part of this and that. and so they are about to make a million dollars on you selling you your green felt. it kind of looks gorgeous. and so you can buy for 1999, with your little picture on and

i may make a billion dollars. >> absolutely. it's a lot more than that. >> i wish it was part of this and not just a part of that. >> as he always said, $60 billion. >> that is a leading multivitamin. because i took ifrom decades on end we thought that vitamins and etc., it's not done becaus at the end of the day, i don't think the consumer cares and people by nutritional supplements and vitamins for the placebo effect and to do something. >> i think that they are disgusting. i've been told i need calci. >> over the years, the american public has decided that they like everything. they want pills and they want to look pretty. >> are you telling me this? >> you don't need a vitamin.

even prnant women thai have, sayg my doctors don'tgive me that vitamins and summonses out to take them. >> can you believe it will work, there is a placebo effect. but the problem is when you're in a good study come in the placebo effect doesn't work, but if you go out and buy them come i think i have benefited. >> what about the antibacterial soap? total sham? all that time? >> it is because now he fda basically said that the company is have until december 2014 to give you a new documentation.

and if they don't, they will take them out of the market or be be labeled them. >> are you in antibacterial fan? >> yes, i am. >> yes. oh, mylord. >> this is a much bigger thing. >> inoticed that it's part of this. ♪ [ male annncer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy.

it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. we price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announce] fedex one rate. simple, flat rate shipping with the reliality of fedex. wow...look at you. i've always tried to give it my best shot. these days i'm living with a higher risk of stroke due to afib, a type of irregular heartbeat, not caused by a heart valve problem. at first, i took warfarin, but i wondered, "could i up my game?" my doctor told me about eliquis. an three important reasons to take eliquis instead. one, in a clinical trial, eliquis was proven to reduce the risk of stroke better than warfarin. two, eliquis had less major bleeding

than warfarin. and three... unlike warfarin, there's no routine blood testing. [ male announcer ] don't stop taking eliquis unless your doctor tells you to, as stopping increaseyour risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis ifyou have an artificial heart valve abnormal bleing. while taking eliquis, yomay bruise more easily and it m take longer than usual for any bleeding to stop. ek immediate medical care for sudden signs of bleeding, like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planned medical or dental procedures. i've got three important reasons to up my game with eliquis. [ male announcer ] ask your doctor today if eliquis is right for you.

ask me what it's like ask your doctor today to get your best night's sleep every night. [announcer] why not talk to someone who's sleeping on the most highly recommended d in america? ask me about my tempur-pedic. ask me how fast i fall asleep. ask me about staying leep. [announcer] tempur-pedic owners are more satisfied than owners of any traditional mattress brand. tempur-pedic. the most highly recommended bed. now eep cooler with extra cooling comfort on our bestselling tempur-breeze beds. visit tempurpedic.com to learn more, and find a retailer near you. ♪ ♪ melissa: faceboomaking books and getting users mad. that is issue number one. facebook investors may be applauding mark zuckerberg's

plan. and users are far fr happy. jonathan, what do you think? i close wide array of. then i go out. >> i disagree. did you close those with part of this adversement. >> i am mean and spiteful and i'm not sure that everyone else is t same i. >> a lot of those which are seen on facebook are really more like mini movies and so you are stuck on this. >> okay, so there is part of this out there. 1500 news stories. and i will tell you we are going

to spe so much time and you might as well provide best. so who has 140 characters set in stone? and so by that, jonathan, what do you think? is this a smart move? >> yes, it is. they' not just changing the national conversation. part of this, it is the real situation. >> when someone makes an embarrassing mistake, that takes all the fun ou of twitter. >> i aee with jonathan. japan. a japanese official tweeted that north kea was testing us.

brands and companies who want to be part of this and they are erroneous tweets. it just means that the algorithm needs to be part of this. >> companies innovate and they have to use a service that hundreds of millions of people do. >> if you tweak something and he made a mistake, you can take it down and reost it. >> it goes out and then they need to fix that and it already went out. back is the ability to edit corrections. if you want to talk about this, think i've created a monster. >> do you like that?

>> what are you looking for tomorrow? >> iove that music. it's so hilarious. and i am watching this and i'm really into it. since the year 2000. tapering thence, the federal reserve will cut back on that. >> goldhas been terrible. but is been quite strong this year and bernanke will be a part of this. looking at individuals that are part of that.

>> absolutely. and you think that this will really happen? this is a really big bad. >> it wasn't a great yar for stocks but stocks and bonds, investors lost money and they continue to. >> what you think? we see this? >> has to do it tomorro he is going to cut back on that. and that will be a heck of a new story. >> it is part of the marketplace and until a capitulation, i would rather be part of the agricultural or commodities as well. >> thank you to both of you. i'm going to immediately start eeting it. and then i will take it back.

because it's entertaining to watch everyone's mistakes and i appreciate both of you being here and thank you so much. i am melissa francis. catch me at 5:00 p.m. on fox business. that "money with melissa francis." ♪ ♪