they are paying for my retirement. it's been a pleasure talking about and wit millennials tonight, and for mat, m kennedy, and i

discovered by somebody else and it is very hard to determine exactly what was stolen because there is no file because you can cut and paste and leave the original emplace. gerri: so it was days and@ weeks between the time targe announced they had been breached and when it started. weeks and weeks go by before it targets says were the number one be allowed reporters are asking questions. it just begs credibility to say no. they should be the first to no. isn't that their responsibility? >> it is. what is the mo problematic not necessarilye have gone from 40 million to

70 miion. what is really problematic we went from it is just pavement information to now it is persoal information which is the key to fraud. in my mind that underscores the importance of everyone who shot dead target to get there but on the phone to the bank to get the card we issued or change your pin. melissa: names and addresses common card expiration dates , ted numbers, indebted codes, it takes the question shouldn't we prevented this? u said to the producer they should have been in correcting this data and they could have prevented this. house so? >> there is a lot of standard stand practices so encrypting fat but they chose not to do it probably because of the expense

but credit card security is babynow or pay me more leader. if you are not willing to pony up the money up front u'll pay more in the back end and they are discovering that now. gerri: the of baby later quotient is scary. you say there is a lot of money on the line? >> the numbers vary but it will cost over $1 billion not even the good will they have lost as customers in what they have to spend on credit monitoring to cover up to 70 million customers. gerri: you talk about the actual losses but consumers are worried that sales at the pathan end of the year the offered a 10% discount

and now on social media they are slammed. >> now we hear our names e-mail addresses? i will never sharpe -- a shot that target again. has the cio resigns and yet? and start their. people are piling on that you will get the credit check it is cold comfort. >> they are right. the of more consumers pushed so more people will invest with security because they assume it will not happen to them. no one has ever ben held up accountable for fudulent charges o the credit card. they don't hold liability but i can understandwhy people are upset. gerri: one of the statements earlier from the mouth of

the ceo don't be mad at us we are a victim. we were damaged. i thought really? that is the stance you will ke that you are the victim? you have our personal identity stolen. >> that is clearly damage control. he basically suggested that we are just as victimizes ui and it is clearly damage control and possibly was in the hands of a fraudulent person. and john is correct. we are not liable for those targets on credit card we are not liable for fraudulent use of a debit card. but the prblem is thatwe have to argue to get our money back from the bank. and during that time that money is not there due to the lack o

funds. so merry christmas. gerri: i want to ask you, what should consumers be doing, if anything? you said asked for more investment in some of the securities. but that will not be enough obviously. shall we be paying in cash everywhere wego and not to sign up for these affinity cards? and this is something that people are going to take seriously. >> i believe that they are going to take it seously. >> you know come at the end of the day, someone takes a 20-dollar bill out of your wallet come you have no rights at all and it's gone and you're never going to get it back.

and someone, if they use your credit card or debit card information fraudulently, you will get it back. i still like the protections and the affordable capacity of plasc. gerri: if you tak my $100, i's gone. but if you take my credit card co you can steal my identity and the pain can go on for years. gerri: it is old-fashioned, but it works. >> it does work. and that is the bank's money that is going to get stolen and not my money. gerri: i will show you right here. here is what we like. >> i've never seen one of those before. >> we will explain after the

show. thanks to both of you for coming tonight. that is tough, let me tell you. we appreciate you coming on tonight. >> thank you. gerri: now we want to know what you think. have you stopped shopping at target? logon gerriwillis.com and vote on the right-hand side of the screen an i will she the results at the end of tonight's show. and stillo come, the feds cracking down. are you getting a 0% down deal? and newortgage rules taking effect today may be doing more harm than good. that is next. that is next. please stay with us.

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gerri: more government intervention io the housing market. courtesy of the consumer financial prottion bureau. while the government is touting rules as a wa to protect us from risky loans, fears are growing that these rules will only hurt the very people it is

innded to help and keep buyers out of their dam homes. we have the executive vice president. rick, it is great to see you. option.com is your company. it so i have to ask you if you share my fears and will it actually end up hurting a lot of folks out there that like to buy a home? >> yes, the 43% net income rate illuminated that and so we are going to see this. >> this is kind of a critical part of what is going on and loans can be improved if the powers that exceeds his or her income. why did they think that was necessary? >> well, it will be especially tough on minority borrowers, particularly those at the end of

the borrowing table. a lot of the borrowers will have a hard time complying with the rules and 43% of their income, no more than 40% of their income can go towards their housing expenses. gerri: sore is more to it than just a qualifyin mortgage re, there's limits on bank fees and income and debt requirements and this is what i don't like about it. you know, we had all kinds of special and crazy once before. and there are acally people who need those loans that we may be walking out of the marketplace because they can hit these requirirements. >> that is going to be a very deeply aected group of potential borrowers and it's people who don't have the right paperwork that they have put t. but by their own estimate, about 8% of ours won't be eligible who would've been eligible in 203.

and the industry estimates are even worse. and so that turns into hundreds of thousands of potential borrowers who simply aren't going to be able to get a loan for the time being. gerri: a lot of those people are going to be small-business owners who then may not be as someone they can count on. the housing market just picked up. so what happened? >> well, this is going to tighten credit and make it difficult for people to buy houses. so i believe demand will go down a little bit. i believe the home price appreciation numbers will continue to go up. marginally you're looking at three to 4% this year compared to the double digi that we saw last year. and i think that we will have more or le a flayear in terms of the number of units sold. still better than we were at the bottom of themarket and far away from being a healthy and

robust level that we would all like to see. gerri: my mother used to say that folks are a day late and a dollar short. that is what the regulators are. and it's not just a problem. and it seems to me is just ridiculous. what you say? >> i think that you are right. we are correcting problems that have already been solved and i will give them a little bit of credit though. ey did not extend what they are dictating much beyond what a lot of common practice in the marketplace is right now. and so they didn't completely go offhe deep end in terms of regulations. they prey much codified what a lot of lenders were doing. it's just a very risk-averse market. gerri: we don't have enough market lenders as it is. the big banks have dialed back

this and we need those folks out there planning to americans so they can buy a home. >> there are two problems. what is the dependence on government-based lending in ese rules have susubmitted the governments role in until we get private capital back in the marketplace that will fund the non-bank lenders to come and with nonconforming loans, it's going to be tough for people who are on the borderline of being able to get a loan to beable to buy a house and that will have economic reperrussions for the rest of us see one we have a long way to go. rick, thank you so much and have a great weekend. well, later in the show, being forced to reveal who you are online. and also, h do you know if these advertisements are missing you are% down really mean it? we wi have that after the

break.

gerri: do you think all those promises of zero down seemed too good to be true

gerri: the federal trade commission putting the brakes on deceptive advertisements at ni auto dealerships rather country. the advertisements promise everything from sweepstakes prizes that didn't exist 20% down with strings attached. here to help us spot these deals is the car coach. i think they found some of the bad guys and some of these promises were ridiculous.

and in this case when you are talking about people that are made and switch or misrepresenting themselves it hasto be signed or released and anything from as simple as a article. we all have to be so careful. people are bypassing the thing you know that a consumer is going to find themselves being one that gets caught up in us. and everything that we deal helps the auto industry including manufacturers and

dealers with that negative energy put towards them. >> i think that we have always been circumspect about this 0% down and financing. because we know some are getting their money back a different y. so how do these dealerships make money when they say this? so how do th make their money? you know they are getting at. >> y you have to remember that sometimes they have a 0% financing or money back. and you will select a page title and registration and all the other fees whether it's a gas fee or a tax for all of us. one thing that is really important is your better off taking that money down after you do your negotiations. and say i don't want a the financing, i would rather have the money down and then you can

go to a credit union which makes sense. and that is really a smarter and it will definitely impact you. gerri: i like that idea from and maybe check them out and see what they have to offer. it's not enough to go to the first person that offers committee really want to look at a bunch of different people. thank you for coming in tonight. have a great weekend. thank you for being with us. >> thank you for havi me. gerri: what happens when you sign-up for obamacare? only to have the insurer tell you there is no record of it. it happened to my next best. especially if you don't have to give your name to do it. we will have that next

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gerri: an increasing number of people rely on review sites like to yell and that is why one individual revealed what he made what he called were false critical reviews on yelp. is it the end of the anonymous review? with me now is bill from ken and lis wiehl. >> that's right. really negative reviews were written. they wanted to know who allies. it was damaging.

>> under the virginia law, i think they have a case. if you can show that something is out there that may hurt you in the business sector and you have not been told who that person is, you have a claim. gerri: but still i love to complain and onle. [laughter] >> in this particular case i think the court got it wrong and the reason is there's an important constitutional right to free speech and anonymous free speech has been recognized because sometimes people are afraid to speak up. gerri: like whistleblowers at. >> just. >> they have a whole different category. >> the truth is that the showing that was made by the owner of this business -- what doesn't make sense i that if you look at my database and i know they are not my customers, why once

you know who they are? gerri: but this has incredible impact on people. and you can say anythi as an opinion. but if you put out a the so-called facts, even on the internet, when you say this is a fact that it's damaging, that is a defamation. gerri: so the fact that it was implied is that i was a customer and i didn't like the service and the company is saying, you were never at her company. >> there was a dissenting opinion by one of the judges. do you know for fact a fact that these people were not customers. well, they believe that they. >> i am parsing language, but this is the case. >> you should have a constitutional right to free

speech. gerri: here's my uestion. now you can't say anything on the internet? >> no, it'sot going to come to that. i just don't think it will come to that. i think it's a very no decision. i think that the internet is pretty much protected in some ways. some is good in some ways back. gerri: if you are relying on the internet -- i know. >> a lot of businesses gain from these reviews. and you have to take the good with the bad. but their other jurisdictions as well. gerri: so will you write a nice review on yelp for me? [laughter] >> i think the people should know that they should have some

degree know what they're talking about. >> having no sense of grounding of the. >> the problem is that they are going on supposition. they don't really know. gerri: now they are going to reveal these people. that is what i think is shocking. and here is a number that is just amazing. yelp has 47 million reviews written by users. whether you ar at a restaurant and your tourist complain about this or you are at a dry cleaner or a grory store. they have incredible power. >> and i want to know what is going on. but i also don't want salacious information out there. >> that is really the issue. but as i said getting involved in protected speech, you have to

have a lot of goods to be able to show the court says. >> it's very interesting i think it will repeat itself. >> i think source so as well. gerri: this is such a huge category you guys do such a good job. thank you both so much for coming here. >> absolutely. all right, thank you guys. well, the invention of the smart phone may be easier for consumers to post reviews online. before you've een had a chance to cool down. seven years ago this week steve jobs change the worldwith the first iphone. he said that he hoped to grab 1%, just of the global market for cell phones and today apple holds 13%.

this news technology works this and many other items. the iphone users are tonight's top five. the blackberry was once the go to cell phone and thanks to the iphone, why take up space on your i nightstand. and a gps system as well like the garment and the tom-tom. and the number one thing is table manners. forget talking to the person you are eating ithand how new rules may leave ou grounded problems surrounding healthcare.gov have produced a wholenew group of people and i

will be joined by one of them in just a minute. you ever lear♪ ♪ to fight without sayi a word? ♪ ♪ then waltz back into my fe ♪ ♪ like it's all gonna be all right ♪ ♪ don't you know how much it hurts? ♪ ♪ when we don't talk ♪ when we don't touch ♪ when it doesn't feel like we're even in love ♪ ♪ it matters to me ♪ when i don't know what to say ♪ ♪ don't know what to do ♪ don't know if it really even matters to you ♪ ♪ how can i make you see

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gerri: tonight we have an exclusive interview with a woman who thought that she had signed up for insurance or obamacare but it never happened. joing me no is one of the many so-called obamacare orpha. and we also have a senior fellow at the manhattan institute. you have had some frustrating wes trying to get signed up for obamacare. can you tell s why you were looking for coverage and what happened? >> yes, i was looking for coverage because i received a letter last may stating that as of december 31, 2013, my current insurance was not going to go forward. so it was very proactive. i started looking into this on

the eastside of manhattan and i chose a navigator to help me walk through the entire process. gerri: so you can'help? >> yes, the first day. you and you have coverage? >> i don't now. i finally signed up through the navigator on november 6. i have gone onto me with this person a month earlier and then the computer were not working. we waited and things were being worked out. and then i was signed up through new york state of health through the help of a navigator and i was told that i would be receiving a bill in the mail in the next couple weks. when i got to be the first week of december and no bill arrived, i started making phone calls to blue cross and blue shield, who i chose as my new insurance coverage. and they have not even received my application. d then i received a call from

them saying that th had received my application. >> sees trouble to get coverage and it was no easy thing using a navigator and working very hard at trying to figure this out and sign up. and now you don't know how you have coverage not. so how unusual is this? >> the obama administration is saying that they're only 13,000 people are so they're in the the situation. but insurance executives consecutive saves almost five to 10% of people in about 2 million people. actually lite more than that now. we are talking aboutthese people potentially. gerri: so how well do the did the website work for you? >> i didn't actually work the website myself. i worked it through this navigator. and we did choose a plan and i selected itand it gave me a letter saying that i had signed

up. gerri: but they never cash or check? >> no. and that is what i was getting to before. when they finally told me that they received my application, i was to to send a check, which i did on december 21. and as of 4:30 p.m., at the bank said that e check has not been cached. gerri: i think a lot of people that are saying that i did t right thing. where is the coverage? >> yes, it's a huge poblem. and we have found out, one of the top it. officials, the system for payingthis hasn't even been builtyet and this was as of november 15, six weeks after the exchanges were launched. so they hadn't begun to build on. so they aren't finished yet an a lot of insurers are pretty nervous about that. gerri: so tell us how you feel

about this and what is your message? because you voted for this president in the been a supporter. >> yes, i have. i just feel a bit disappointed. and it just seems not to be playing out that way and my doctors have informed me that they are not expecting blue cross and blue shield through the portal jack. gerri: his is is an example of someone who is out there trying to sign up for coverage. under obamacare they can't keep their position that they probably had for years. so that is so frustrating. >> if e's able to get her insurance, she will benefit from

obamacare because she is eligible for a large subsidy under the structure of the obamacare exchange so thisshould be a lot lower, something like 60 to 70% lower than what she was paying before. gerri: but i's not meaningful she's not getting the card in the mail. so what would you like to see happen? with messages what is the message that you'd like to give to the president? >> i don't know if he can do anything. i think it has gotten to a point that the insurance committee set to quickly and i'm just fearful. what if i needed it to a hospital by doctor? i have no card to show, just a letter that says i signed up and that is something i do. but i have no official cards to show this and that is the problem. gerri: if something happens, that makes sense. now she's in a time where you have no coverage at all. it is just not fair.

i know people out there are so deeply frustrated. just got news that the government is firing one of the main providers of software and technical support and are you surprised and what does this tell you? >> i'm surprised that they were hired in the first place. they had an incredible record of failure. in the province of ontario. they snt $46 million on this and they abandon the project. theyhave a record of doing this over and over again that they have lobbied and they are very politically connected to navigating bureaucracy. to that is why they get hired for these jobs. the administration has, they are very political and buraucatic.

so they never should've brought this in the first place. gerri: byron ensure is working faster? >> welcome a they are doing everything they can and i do believe that. the other one is losing money people don't pay their preums and they think that they are covered. gerri: but they are not getting accurate information to begin with, are they? >> they are doing things quietly and politely to convince them to work with them. but they are the ones that are getting stepped on. gerri: i hope you'll come back and talk to us about this. you know, we really feel for you and we know that you're one of many who are experiencing this frustration and anxiety. thank you for coming on. and i want to tell our viewers here if you'ren the situation and try to sign up for obamacare and you really want toet that coverage. you can't get it. give us a call.

send us an e-mail at gerriwillis.com. follow me and let us know what is going on with you. we want to hear what from you and we will tell your story on the air. still to come, my "two cents more". and the government strikes again. what could make your next trip a nightmare. details are coming out right after the break.

gerri: travelers, brace your

gerri: a new federal rule requiring more rest time for pilots may cause headaches

especially true after jetblue had to cancel hundreds of flights this week blaming weather and an faa regulation. what does this mean for you? joining us now is mark murphy. he is the author of this new book calledravel forward. it's very interesting. and i want to talk about this rule. because now pilots have to have me rest. >> it went from eight hours to 10 hours and it just came into effect in some of the major carriers that party counted for that, jetblue is not the same. gerri: so eight hours must be uninterrupted sleep. so why do these rules come through? >> became through because of the flight that crashed over buffalo. they said pilot fatigue played a role in that and what they wanted t do was make it as safe

as possible in the skies. so you will show up rested and theairlines have to accommodate that. now, i don't believe the excuse with jetblue because that was passed in 2011. and that is where it gets a little bit more difficult. so let's say there is a mechanical part that comes back and that crecan now no longer fly because they used up those hours and so the cost of the airlines are going to go up to. gerri: absolutely. so the thing that i took away, you thought that they complained they were a little too cranky. it was like the government is blaming the weather for the bad economic impact? >> yes gerri: so not jetblue is blaming

people on this as well? >> yes, i think it should not have been. it shouldn't have happened to the extent the. gerri: this will increase demand and that is where you are going life. the ui could have more pilots and there aren't enough pilots. can you look at what those regional pilots make? >> yes, andhey have hundred thousand dollars worth of cost to go to flight school. so it's supply and demand and eryone wants to fly and you are really getting paid that you are there to thank those hours and make big money. and the challenge is the investment and people are basicall saying no, i'm not goin to do it. gerri: and now they have expressed more and it will take longer turn those hours. >> yes. but i think what will end up

happening is they will have to start paying pilots higher wages which will translate into higher ticket prices. gerri: so what doesthis mean for me? that is what i really care about. >> eventually will have to pay more to fly. the airlines have operated and there is no interruptions or whether issues and everything is lined up. but at the end of the day they will have to hire more people anyway and pay those reonal pilots a little bit more money. but the ones who get hurt are the secondary cities rely on regional jets. gerri: that is wher the fares have been. >> okay. gerri: thank you so much and have a great weekend. gerri: time for a look at the

top stories. 100 million customersave had their personal informaon stolen from target and originally target said 40 million cards were affected. but the company said they are offering credit motoring to custercustomers. in target is asking for new bill to be passed today requiring security requirements on the interpretation of obamacare. the white house says the bill stands no chance in the senate. and it's surprising that this jobs report isn't having much alone impact on wall street. 74,000 jobsere added in december and far less than economists were expecting. and president obama intends to nominate a new vice chairman of the fed. he will succeed janet yellen who is the federal reserve's

successor of ben bernanke. those are some of the hot stories on fox business.com. i will be right back with my question, have you stopped shopping at

>> targets says millions of customers were affected than they previously thought. will you stop shopping at target? >> no >> yes because they already knew the problems the day i went shopping in did not tell me. they could have told me so i did not use my credit card. i am not happy at all. >> also t question on gerri willis.com 54 percent said no. 46 percent said yes. >> the federal government waste most of our taxes

taxes, bleeding cuts of a trillion lives with millions of expendures by the fed. >> what's next? the air you breathe stacks or walk, walk tax? >> who owns your information? that is that the parts of the story. the target customers who voluntarily shared personal information that would later be sold in. who is the victim? the retail chain or its customer? and then the issue of negative reviews on websites posted negative anonymous review and the court could find you if the vendor mplaints. wih illegally shaing every detail with anybody who asks for it is clearly pa time that we sop that. coming up next week our users guide to a new year into new you. real lack of the best ways

to spend less andsave more how you're smart phone can help you. that is it for the love of this report. have a great weekend and a great guy. neil: it turns out that target had a lot more breaches than what they thought. that pretty sums up the color of the customers faces. customers who want to know how it is that all of their personal information got out while they were checking out. i'm talking about names and addresses and phone numbers. and for a lot of debit cardholders, direct access to the beta coutts themselves. not easier said