♪ ♪ ♪ neil: this movie isso out of control. the folks that were supposed to watch out for consumers are spying on consums. welcome, i am melissa francis and four neil cavuto. the consumer financial protection bureau was setup to do exactly what the name says that it should. protect consumers. but today we find out that it is turng into a mini nsa. a new report showing personal information from millions of consumers that include things like credit scores and payment history and salary information and even personal id numbers are

the washington examiner broke the story and we have contacted the consumer if i financial protection bureau nd all it provided us with was the congressional testimony from lastummer that didn't address the issues. so richard, i was surprised about this. i had no idea this was going on. >> i we say big brother? this is a stupendous program. we are talking about the government snoooping on approximately 1 billion credit card accounts in the country and 53 million mortgages. the numbers are just staggering. and actually do compete for the national security agency no question. >> what are the originals but they are ompiling this? >> there's an oscure pseudo-economic science and the administration itself, hat philosophy, i guess it is says that the largest amount of data

that we can acquire can allow policymakers to determine what is the best policy. and what is the best consumer financial protection bureau all of us. the premise of the whole thing is actually quite interesting. they assume that all businesses are predatory and that all the consumers are hapless and weak and unable to protect ourselves. and therefore it is there on a white horse ready to protect us and in the meantime they're going to be spying on approximately 1 billion different credit cards. >> the tng that many people might not know is that this is a new agency that was just created in reaction to the financial disaster that went by. they were supposed to be out there ostensibly to protect us if something like that ever happened again and instead, like the nsa they are going to sit there and collect our own personal information. i'm afraid that someone wou hack into whatever gint

database they are collecting and use that information against me to steal my identity. is that a danger? >> absolutely. a congressman asked directly to the director of the consumer financial protection bureau is he. can you give us a 100% guarantee that these files are saved in the director said he could not. >> from the same hearing they asked richard cordray that you were just talking about, would you object to this ar people who work to you getting permission and he said that it would make it impossible to get the data. so if we knew they were out there doing it, we would for sure say no so am i misinterpreting that? >> no, congressman john duffy asked the estion would you allow consumers to optout of this and say no, i don't want to look at my credit card. they are going to be examining every credit card transaction with 96 different points as they

refer to it. and so could they opt out and the director said absolutely not. melissa: this organization is ne and was the brainchild and born ofthe last credit disaster. so what is it supposed do? what are they supposed to be doing besides saving our information? elizabeth wanted one that bottomed out. she is one of the major individuals. it was supposed to protect all of us from predatory financial transactions from different companies that were flimflam companies and instead it has morphed into ot only an accountable organization but one that is completely immune from the congressional oversight and they place this agency an the federal reserve, meaning

that congress cannot set its budget it cannot tell them how to regulate these different mkets. it's really quite an out-of-control type of agency. melissa: great reporting and thank you. >> thank you. taking a look at these cartoons. we have crypto cat, decipher dog. but what they are doing is not back you. they are part of the push to educate ki about the controversial spy agency. in my next guest says that they are trying to bring in children. katrina pearson is a lawyer and also a mom. i haven't seen this website before and it's exactly the type of thing. and this is very. >> it's scary and that disturbing. but i spent some time on that weite and all it is is propaganda. corrupt governments know one

thing. you can change t perception of a population by indoctrinating the children. and this includes giving of the amendment in the name of safety. which we all know that it's not possible to give up your safety for freedom because if you do you won't have either. what's more important is the simple fact and you go and look at the talk about terrorism and war. implementing fear intohe hets and minds of our children to make it okay for the government to spy on you. we should all be very concerned. >> facing aorld of plomacy, knowing what your enemy is planning helps to prepare. also that it's imptant that your enemies don't know what you have planned. it is our mission. they say that breaking the code and creating code is really cool. and it seems like we are trying to recruit young kids to the agency. and i guess my bigger fea would

be that my son is interested in programming. and call him the rest of his life because he honestly has an interest in code. whether it works for them or didn't. >> there are special gains in either they are tracking especially for those who are not understanding what is going on and what their lives or even at this time. it is simply the police state into our homes and touching our chilen's homes and indoctrinating them. they are not giving them the other side. that is why we noted it is propaganda. they're not telling you this. >> having a right to privacy was summit on these our tax dollars hard at work.

>> they just blow it off and say that all of our department and agencies have a section that we think it is important. we know it's going for kids know how works and i would agree to that and the simple fact that they are actually using this is the fearaspect that they are putting in the minds of these children with these types of games with the definitions and the words that they are using. here to make it okay for the government to do this and that is very wrong. melissa: some of those coming to talk about this way the cat is talking about the family history and where she lives in an almost sounds like they're trying to encourage kids to be receptive to giving our information in their shares. giving over information about their own families.

it is very disconcerting that more and more people are engaged in what the nsa is doing. and how they are infiltrating into the minds of our children today. especially with everything that we kow now that it is going on at the nsa evel with disregard to the constitution an infringement and infringement on people's rights in every department either he under this administrati has attacked the american public and its culture. melissa: has anyone complained about this? this is another's dory that i ven't heard about before this. but has anyone complained to order raised the issue? >> not that i know of. in the circles i run and we are concerned about all of these things. so this is a topic that many of

us discusd in one of the reasons i'm running for congress. and i think it is important we take our voices and get them out. because parents don'tknow. melissa: i feel lik i need to think about doing asylums of the rest of his li. thank you for coming on. >> thank you. dirty harry, others, why are they saying that ty are hard to watch? the nswer is hard to 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.

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melissa: fox business alert. not wild about her publicans. the next btman actors saying that when i watch a guy that is a big republican, part of me thinks we would have different onions. it is hard to get people to suspend disbelief. hollywood hypocrites author says it is hard for him to listen to the hypocrisy.

>> it is embarrassing how unaware ben affleck aabout his own intolerance in the same playboy interview he said that he is a big lever that there is room for everyone to succeed in his industry and then a few sentences later he was like, well, i just can't wtch her publicans on the big screen because i'm not thinking about how good or bad the movie is. i'm thinking about how much i would dislike talking to this person because of how he or she participates in democracy. so ben affleck is a believer of finding room for people to succeed, but only if you vote this. melissa: what is a big republican. i mean, does tht mean fat, tall? i can't really watch him. sluggers all the time go out and make statements about their

politics and then they ask audiences to step back to the side and it's amazing to hear an actor say that he or she can do the same thing that they have asked everyone to do for him. >> it's a terrible marketing strategy and most americans, they don't put it aside and it's going to co to a point where they are tired of being the school entrance one of hollywood just because of their political affiliation. it's ironic if moviegoers say it's hard for me to separate the movies from his politics. so not going to drop $50 per ticket to go see what his latest flick is. >> especially since he is someone that i don't necessarily agree with his point of view. he makes great movies. went out and saw them.

someone like sean penn did what he say about ted cruz and the rest of the tea party? saying that they should be committed to a psychiatric facility viaxecutive order. okay, but you try to set that aside when you go into a theter and i heard other actor say that they don't say a lot about their personal lives and keep him as a character as opposed to a person. so it's amazing to hear an actor say that he can't do what we are asked to do all the time and we are watching them. >> you're absolutely right. because you may have this in hollywood who should feel free to talk about it in a we with political leanings whether right or left. but then there's someone like ben affleck who said that he is going to openly excoriate them as a republican and that is not

a free exchange of ideas and dialogue and they d't care about diversity. they only care about it if you ascribe to their particular worldview and if you don't, then you're going to be on the opposite end of a ben affleck interview saying oh, my gosh. >> it's very interesting. consider hollywood people ar discriminating against or losing jobs if they happen to be a center? i lived up in california longtime for a long time i felt that there were many times when it is agreed with people expressing their opinions. and it felt like to be cool you would definitely say something that was liberal and i'm just sort of like my tongue and i got and how to do now you think other people really feel like you get punished for not being liberal in hollywood? >> there is no doubt about it. when i was researching hollywood hypocrites i spe some time with people who have

senior-level positions at vh1 and other tv areas and if they don't have -- if they are not satisfied in theircareers or have moved u the scale pretty quickly, they will either tongue. not necessarily to go along the flow but open about their beliefs. so there is a chilling effect and let's not forget the last week we had the story about te irs trying to crack down and target a bunch of conservatives in hollywood who hear from speakers and socialize about the commonity of thei political lives. so if you are moving to hollywood for the first time and you have aspirations and see what is going on, you probably are gog to keep your moh shut under political beliefs. melissa: jason, thank you for coming on. you heard of bridge gate. now there might be cascade because of the controversial tax

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melissa: the grden state has a scratch on their head. according to a report peyton manning on sunday and continues with the paycheck for the game.

>> there are so many axes and although he is a rich liberal. >> i love it. that's right. this is one of the dumbest tactics. the 51% tax bracket. >> france wouldn't do that. >> to me that is just amazing. >> i'm not sure if i had that much of an allergic reaction.

>> 51% is the state tax. >> especially with the total tas. that makes so that makes it okay? >> not all that long ago, you guys are very young. though we had a tax n this country that went ovr 90%. and it didn't does incentivize anyone >> i don't believe that for a second. there's absolutely no way you're going go out there. >> i think that that asked him how that worked out and this is how it is. >> actually they have the chance to do it.

the map 21% of anything he isn't really earning the money. and charging a tax. but not so much for seven days a week. melissa: and in a simplified tax code, these archaic little

fractions where it comes out and it shows something. where we just had a flat tax and a simplified tax code and everything would be up front and it would be on the table. >> wneed a fair tax and a flat tax. the people want to have these high paid attorneys. >> the corporate tax is the highest in the world. >> i am come absolutely. and you have to be willing as well. >> when you argue about the tax code and you comppain, which is reasonable, remember what most of those provisions are.

>> i don't know if it's most of those provisions, and the idea is that you don't think taxing someone at 90% oesn't sense them. you're having o get up and you would get up and go to work for 10%? >> i would not wanto pay 90%. >> byway. and i do admit it. all i'm saying is that i don't even know what i pay in taxes. lissa: think you guys to both of you. go hava drink. housing is going back. don't go buying it just yet.

a warning it could have you canceling the movers. we asked people a question, how much money do you think you' need when you retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to, like, pull it a little further. [oman ] go me to 70 years old. i'm going have to rethink this thing. it's hard to agin how much we'll ed for a retirement that could last 3years or mor so maybe we need to approach things dferently, if we want to be ready for a longer retirement. ♪

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and a raise? management couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of fedex. melissa: housing is coming back, but take a look at this chart. the one thing that could smack it down as interest rates. and housing rses up. a real estate rates are on their way and that smells trouble for housing. >> the 10 year treasury bonds are on the rise. forcing mortgage rates rise. >> it makes that argument with folks on the other side. so it's not the point that it will make a difference yet. the housing market has been propped up.

we have a government that has intervened in themarkets. look at the commercial real estate market. n on the rebar, i think rental properties will become more attractive. melissa: which part of the boom and bust you blame the government for in this last cycle. and banks had to modify loans. we had a 6% mortgage and people couldn't afford the homes to begin with. and you are just prolonging the

pain. but we need it organic growth that is healthy. and i think that and i would be very cautiously optimistic.

if they had borrowed against her for one kid andthey have seen t. and it's more expensivthan affordability issue. and that is not the whol country. melissa: what about the renters market? that is a big ory. >> just might think that runs are going to continue to go up.

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melissa: democrats are the ones turning on each other. opposing two major white house trade deals. several democrats are breaking from president obama on health care. is this a sign of things to come for the democrats? to strategists are here with us. what you think? >> people love to get reeected.

and the public is very unhappy with the president and he would look at. >> it is one of the main things that he talked about that. >> good place to start. >> i would like to ajority leader so i would like to do whatever i can to protect my members and sustain this. it will help some people. especially to get rid of te voters they they don't like. melissa: health care, same thin same topics. they want to distance themselves from the president. that is not as the republican

republican perspective. because the color for the great thing. people are getting health care ve never had it before and that is not the rest of america's perception? >> america doesn't perceive it yet. >> especially as far as the elections have happened. because the program will be in this process of implementation. melissa: this was more of a republan thing. don't people just perceive politicians don't get along in general? >>n this country probably since the nixon era, it clear perception. >> in the same party? >> not in the same party. this is clearly an attempt by the majority leader to distance themselves so that the american public and ay he is not like the other guy. >> maybe the president

>> maybe the president is playing along and he'srying to help his fellow democrats by disagreeing with them. >> it's not impossible the president obama would want to keep them in power. that could be one of the ways to do it. melissa: what does it mean for the rest of them? is this something that we only see in november were the thing that continues? to this president has a a great gat opportunity to make up everyday. attunement that he is playing is one that is not good for his long-term electrolytes or his colleagues. in this kind of changes the tune. >> i'm not sure. the various commentary says the president has reached this part of the presidency where he feels like he doesn't have to please anyone anymore. th he has a limited amount of time. so he might as well go for the gusto and what he really wants. because he doesn't have to worry about being popular. and already people are angry with them. what do you think about that? >> jon stewart is funny. but this is how barack obama has

conducted his presidency since the beginning. as a result, republicans controlled house of representatives. melissa: who makes the most of it? the democrats are publicans on either side? is an opening for republicans to look like they get along and do something different? >> their best move is to be silent and say that i, i don't agree with him on a lot of things. so keep me in office. >> and republicans keep going through the next presidential election? >> democrats keep doing what they are doing so they can hold onto what they have. the battle here is where the senate not for the house. melissa: thank you so much. always fun. be careful trusting the person helping you sign up for the health health care law. they could be convicted criminals. if you don't leave me? we have the other side o this break and i will prove it to you coming up next. friday night, buddy.

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a. melissa: yes, it is possible. and it's now happening. california has hired ex-cons t administer the health care law. forty-three of their navigators are convicted criminals. health and human services secretary mike leavitt on the latest health care surprise. are you making too big of a deal out of this? >> these are very important financial decisions that people are making. they are being accepted now by people that are inadequately trained it appears. potentially and not properly checked out either. so i think it is a significant matter and one that date of

california needs to be 11 other states need to be cautious. it's not an acceptable situation. melissa: kathleen sebelius was asked is it true that many undergo criminal background checks and she said that it was absolutely true. they didn't put that rule in place. would you put that in place? >> i think that that is a legitimate role to have. and it's not in place now, it certainly could be done and should be done immediately. and oftentimes in very sensive situationshile they are going into people's homes as and see people in settings where they need protetion. like any employer there ought to be some caretaking to it as her that their customers are not being compromised. melissa: where would you draw the line? t best thing you could do for someone who was a convicted felon and serve them time and

get them a job so they e not a repeat offender. that we look at this in the report shows that one navigator had repeated forgery offenses and there were a few with welfare fraud and theft and child abuse and battery. where do you see this kind f information? >> i think that is a great question. we believe in redemption and forgiveness. when people have done what they need to straighten her life out, we want to give them a second chance. we also need to protect people. so we have to look at the type of crime that they created or that they committed. and we need to look at records. it's important to know it because you need to scrutinize the person and not situation more than you would someone who had not beenn that sittion beyond what he think the decision was made not require a

criminal background check and the first place? are these jobs -- are they not desirable enough? do not pay enough that you wouldn't have enough people applying, or is there another reason? >> seems like an oversight committees and a lot of people have been in jail for fraud and financial infractions to go out and counsel people on important decisions. that seems illogical to me. so i suspect it was done in haste and potentially something that it could be remedied. >> she didn't say and that we are going to go back and change it. she was unapologetic that there were not backgroundchecks or limiting th. so i'm not sure that that was it. is it possible that it was a

conscious decision that we want to give anyone out here these jobs equal footing to get them? i would only be speculating. but honestly we have made a compeing case that they have known about it for some me and we are where we are. so we ought to remedy this and create adequate safeguards for those who are going to be receiving this kind of protection. the dilemma is that we do have people who are inadequately trained. and sometimes not checked out well enough to conduct important conversations with people who need help. melissa: thank you for your time. it is my pleasure. >> facebook unveiling a new application that lets you flip through the news. but next, find out what else this book is planning. that is about to make users look out. what super poligrip does for me is it keeps the food out.

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you should get ready for more advertisements. investors are loving them with the facebook stock hitting a record stock. >> so the funny thing is that for the past couple of quarters is that they have to increase a mobile application and they've done it. 52% of the revenues and actually part of this goes through facebook. so no doubt. about 70% the past 2 months. and i think that going forward they need to continuously show

that growth. melissa: going forward, princeton came out thatstudy saying that this is going to be all but abandoned by 2017. that they would lose 80% of their users. no one cares about that now? >> a billion users are not running away, they are getting a lot of value from facebook and that is how their stock has done so well at the all-time gh today. creating wealth. >> a billion or more of those are people's grandparents and that's the problem. everyone is getting friended and light by the creepy neighbor next door that is 97 years old. it's like everyone is on facebook. and that is a big problem for facebook. >> you have a very active facebook presence and a lot of

like some creepy grandmothers as well. channg the way the world communicates. that is why their stock is doing so well. and i coinue to do it will well in the future. >>ill people on facebook, twitter, when i talk to the young people, they say the applications are too heavy, there's too much on there. seattle does facebook has changed 10 years ago. >> that was a long time ago.

and crest is introducing mint chocolate and vanilla flavored toothpaste. you think this is a good that. >> more innovation and making it not only more fun, but totally innovative. until i have been brainwashed to think that when you go to bed it is supposed to be clean and minty and not minty chocolate.

>> and i mean, come on, i'm waiting for fritos. and so what is genius, what is insanity. >> one thing i do agree with is they make the toothpaste too tasty. and it too much fluoride. >> that currency crisis took a few days to bubble up. >> and he has mouth watch.

>> u.n., i love it. >> and this is the year >> china is what i will be talking about. >> china says its the year of the horse. and whether they could avoid a housing bubble and avert a credit crunch.

>> thank you guys wengngngngng. catch me every dayon fox business. >> another state of the union. president obama said in his broader and a second american revolution. >> he joins us with other defenders of liberty ♪