this is my dad. somebody like my mom. my grandfather. i'm very pround of him. her. them. gerri: hello, everybody, i'm gerri willis. right now on "the willis report", president obama demands more money for his pet green projects, billions more. as the secretary of state john kerry blasts anyone who would stand in the way. >> shoddy scientists and science and extreme idealogues. gerri: also, subprime mortgage loans are back. is the housing market about to blow up again? america goes boozing big-time. blue lodge is fast becoming a thing of the past. we're watching out for you tonight on "the willis report."

gerri: what a pain in the asphalt. after the terrible weather over the past couple weeks drivers all over the country are getting hit with huge bills because of potholes. let's get an idea how bad bad situation is. with us, will, wilkins from the group trip, which follows this sort of thing. great to have you here. i think i hit everyone of new york city's 60,000 potholes this morning. i have never seen roads in such bad condition. are they really worse this winter? >> well we don't know what the actual condition is right now but i can tell you that the freeze-thaw cycles taking place on payments throughout the northeast and even the mid-atlantic region is causing a bumper crop of potholes this season. gerri: bumper crop is the right phrase, let me tell you. i thought i would get in some of them they were so deep. your organization has done a study of the cost motorists face

because of potholes and it's huge. look at this list. long beach, california, leads the way, 832 bucks per year for drivers. tell us why some of these places are not even in the northeast. why are the costs so high in those parts of the country. >> well, primarilya from a lack of funding for maintenance and also in the case of california, they have tremendous traffic that is really beating up the system there. if you look for towards the northeast though, driving over pavement that is in poor condition, roughly 27% of urban pavement of major roads across the country is in poor condition. that is are with the potholes form. then you have the weather coming in, freeze, thaw, waterfalls goes into crack in the asphalt and it expands. and then it will contract when it no longer freezing. freeze again and expands and all of sudden a small pothole is a

giant pothole. >> lose your car in it. isn't there impact too from the snowplows? i noticed in my neighborhood, man they seem pretty rigorous in what they do. they take out curbs and everything else. >> that may be the case but, if you're looking at the overall condition of roads, those that are in poor condition, 14% nationally, those are going to find, that is where you will find the most potholes. they are only growing to get worse because we're spending 20% less than what we should be as a nation to maintain our road system. and this year, unless congress acts, we're, may see the federal highway trust fund run out of money and that is the source of funding for many of these road repairs. gerri: will, i got to tell you, i can't imagine how much money it would take to make some of these roads right. they're just such a mess. nationwide you guys say that the average cost to drivers is 377

bucks. what are we paying for. >> well that is extra vehicle operating costs that would be front end alignments. tire wear. wasted gasoline. the overall depreciation on your car. it gets beat up and you will have to replace it sooner rather than later. >> new york city is one of the rare places where you get some money back from the city when you have a problem. look at how often they actually make good on this. 1300 claims filed. 279 settlements. $271,000 awarded. is that the right way to fix this problem? >> i think the right way is to make the initial investment up front. we need to be spending roughly twice what we're spending now to get a system that would be acceptable. and you wouldn't see these kinds of costs. >> just how dangerous is it, will? >> well there's a safety factor. someone, just trying to avoid a pothole can shoot into another

lane. cause someone to brake all of a sudden. it safety factor and cost to your pocketbook and paying for car repairs as a result. gerri: wow. will, thanks for coming on the show. we appreciate it. >> thank you, gerri. gerri: we want to know what you think. should your local government pay for to your car due to potholes? go to gerriwillis.com. vote on the right-hand side of the screen. share the results at end of the show. >> storm can not be stopped. it can not be survived. gerri: that was russell crowe in the new movie "noah" next month. the way the white house is telling us, if we don't go green, this what you're see something biblical flood in our future. fear not president obama says he has the answer. it's a new government program. you can't do that without more government spending. get details from robert bryce from the manhattan institute.

welcome back to the show, robert. really another government program and it is going to do what? >> well, gerri, this is the -- [laughter] the latest rhetoric from the obama administration on climate change and, let me be clear, i have no problem with what the president is saying here in trying to make our infrastructure, make your cities more resilient to weather events. right?ust makes good sense, we've seen cities like london, like amsterdam, venice, st. petersburg, build barriers to help control flood events. gerri: right. >> now the president is saying we're having severe weather in some areas, particular letter he was in california last week talking about the drought. what i have a problem though is the way the administration continues to conflate these extreme weather events and blaming it on co2 emissions there is no science to support it. gerri: usually controversial but i hear what you're saying. here is what i don't understand. how does spending a billion dollars of taxpayer money, my money, your money out there, and

what they will do is research. really? come on. we're not that gullible. we saw what happened to the stimulus program. it started five years ago. it wasn't as good as billed, right? this economy has not turned around and now you will fix the withwer a government program? you got to be kidding me! >> you make a good point. that is where i have trouble how this is being framed. that the president and his science adviser john holdren says we need more research. here is what holdren said. we're seeing droughts, this is the his quote from last week, we're seeing droughts in drought-prone regions become more frequent and severe and longer. look at the latest report from the ipcc i will quote it to you. quote, there is not enough evidence to suggest more than low confidence in global scale observed trend and drought since the middle of the 20th century. i guess my problem is how this is being sold or rather marketed to americans by the obama administration. i think it is misleading and fundamentally just false based

on the sigh jeans robert, even "the new york times" says the drought in california right now is not being caused by global warming. here is what they say. in fact the most recent computer projections suggest as the world warms, california should get wetter, not dryer in the winter when state gets bulk of its precipitation. that prompted leading experts suggest that climate change most likely had little role causing d.o.t., despite what the government says, despite what obama says directly. these things are not connected. what is really going on here, robert. >> i think it is just spin. it is posturing by the obama administration, trying to play to the green left, sierra club, greenpeace, national resources defense council, as though they're doing something, president said in the state of the union, u.s. reduced, he was right. u.s. reduced co2 emissions more than any country on the planet over last eight years. it is just spin. more posturing, gerri.

i find it is, on the science it is simply not, what they're trying to spin, simply not true. gerri: they're trying to create what they're calling climate hubs. department of agriculture. what? climate -- okay, here's my problem with this. bear with me here, robert. because i am confounded by this story. the weather is not something that people in washington can control in my view. do you agree? >> well, look, this is again, and who is funding this? the department of agriculture. okay,gy it. our farmers are going to have to adapt. we've always been adapting to the climate. what's new? when we had the little ice age we adapted. that is part of what we do as humans. we seek to be cool when it is hot and warm when it is cold. but the fact that again, department of agriculture here. remember this is favorite department for the obama administration to spread the pork on corn ethanol and other biofuels programs. gerri: robert, i'm looking for

the sole sole of weather. solyndra. who will that company be? we'll have to wait and see. >> we do. gerri: thanks for coming on. good to see you. >> thanks, gerri. gerri: stay warm. more to come this hour including wells fargo, moving back to guess what, subprime mortgages. bottoms-up. more states losing restrictions on the sale of booze. what is means for the your state's bottom line and well, yours next. [ female announcer ] it's time for the annual shareholders meeting. ♪ there'll be the usual presentations on research. and development. some new members of the team will be introduced. the chairman emeritus will distribute hiusual wisdom. and you? well, you're the chief life officer.

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gerri: cbs made big news recently saying it would stop selling cigarettes, remember that? another vice, alcohol is increasingly become more available. states are lifting restrictions on when and where alcohol is sold. what is going on? let's bring in charles pathy with market watch. great to have you here as always. >> pleasure. pleasure. gerri: 39 states lifting prohibition on sunday sails. what is going on? >> couple of things are going on. first states really do need the revenue. booze is easy revenue generator. gerri: and a big revenue generator, right? >> and people will buy it. people will buy it in good times. people buy it in bad times. gerri: that's true. >> last year we had record

sales. states are looking for other ways to do it. if you're in a state that really limits this, this is quick and easy way to raise money. gerri: the little town my mother is in, they didn't have alcohol sales a few years ago, not sunday, not any day of the week. when you look at the states, even conservativetives are saying let's get with the program. let's change. >> the other factor one conservative lawmaker told me, we don't look at the sabbath the way we did decades ago. we don't look at kind of these, you know, sees sort of, we've become a country that is much more accepting that people drink. obviously in moderation hopefully but it doesn't quite have the stigma. prohibition was a long time ago. so there is a sense that you can, you can sort of do this and not be kind of sinning, quote, unquote. there is a sense that states letting counties decide it. gerri: not the entire state. >> if they feel uncomfortable with making a big switch, we'll

put it up to the counties. >> nobody is benefiting like private sector and companies selling this stuff. we're seeing 4.4% increase in sales this year. >> people are drinking. the final thing i would say is going on, people are drinking, liquor. not that liquor is quicker. people enjoy the taste of liquor. american booze has come into its own. gerri: bourbon is a big thing. >> bourbon is huge. there is sense, this is quality, a craft product. you know and, even, there is even upscale moonshine now. think our attitude about the product changed a lot. add it up and blue laws are going by the wayside. gerri: upscale moonshine? i have only seen the cheap kind. >> when people talk about upscale moonshine, they are talking about corn-based whiskey. bourbon is largely made of corn, you could have a pure corn whiskey made with the finest corn, prepared the finest way

and can be pretty tasty i would say. so i -- gerri: you think beer sales are going down. >> yeah. america is really, america has, this has been the trend for quite a while. while craft beer has done very well, mass market beer has struggled. america is developing a taste for booze, particularly for good whiskey and for wine. that is hurting the kind of mass market beers. so that's -- gerri: it is interesting. you look at what consumers are buying these days. they're really reluctant to part with their dough. it is interesting this category is seeing sales. how come? >> i think that people are, you know, i would say that good, quality booze is still in the category of an affordable luxury, as opposed to a good bottle of wine. good bottle of wine costs 50 and gone in matter of a night, a good bourbon, we're talking 25, to $50 something you can enjoy a while. stretch it out further if you make cocktails. we have a huge cocktail culture,

don't forget. even expensive booze is is in the realm of affordable luxury, even expensive moonshine. gerri: expensive moonshine. who knew. charles, thanks for coming on the show. thank you. unbelievable, learn something every day. coming up five years since the stimulus package. did it live up to its expensive promises in subprime lending moving back into the mortgage market as housing is turning around. is history about to repeat itself. so ally bank has a raise your rate cd that wothat's correct.a rate. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don' hao feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too.

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gerri: well, if you think getting a mortgage is tougher than getting into college you're not alone. now wells fargo, announcing it is lowering the bar for mortgages backed by the federal government in hopes of getting more first-time buyers into the market. is this venture into subprime the start of another bust? personal finance expert barry gibb -- vera gibbons joins me. wells fargo back into subprime? >> back to subprime. they want first-time buyers in. investors are keeping things stable in the housing market recession darkest hours. investors left the party. first-time buyers sitting on sidelines. not being able to get in. this is way to get them in. gerri: wells fargo is looking for way to grow their business. >> growing their business. home prices stablized. refi activity is down. mortgage rates are on the rise. 4%. zillow expects them to go to 5%

by the end of the year. lending activity is going to slow down. lend something expects expected to drop by 40% to the tune of a trillion dollars. wells fargo, making more money and profit. gerri: new business. you think if wells fargo does it other lenders will follow because wells fargo is the leader? >> they do 19% of all mortgages to the tune of 400 billion in origination. they are the big one. the question whether other banks will follow suit. some of them might. some might not want to assume that risk. but they are a big one. if they want to stay competitive, some others will get into the game. what is interesting you have smaller players -- gerri: doing the same they're not calling it subprime loans. repurposeing it, calling it something different because subprime has so many negative connotations. gerri: talk about that. because my fear with this story we're going back to a period where there is really no rules. banks give out loans willy-nilly. >> i don't think they will do it that way. wells fargo will do it very

slowly and methodically. they will not do huge mistakes. i think it will be trial and error, see how it goes. credit score of 600 is pretty low. if this doesn't work for them they will raise it to 640, 650. they will take it very slowly and methodically. if it doesn't work out they can change things around. they will mange sure you have the ability to repay the loan. gerri: here is what they're looking at. new minimum credit score of 600. before it was 640. big difference to consumers out there looking for a loan. >> anything under 620 is considered subprime this is big break for people with bad credit. i do worry a little bit some of these smaller players will get in there and, you know, some are taking people with credit scores under 500. that is of concern to me. wells fargo, i think they will do it the right way. gerri: vera, thanks for coming on the show. appreciate it. now time for a look at stories looking at foxbusiness.com. buzz is growing that spot spy is preparing for an -- spotify is

preparing an initial public offering. looking at reporting specialist familiar with securities & exchange commission filing regulations. analysts estimate an ipo could value the company as much asbillion dollars. former aig boss hank greenberg starr investment holdings acquiring health insurance claims processor, multiplan for 4.4 billion. fox business senior correspondent charlie gasparino reports that financing for the purchase will include a massive debt deal that will likely exceed $1 billion. is apple about to get in the car business? a top meeting with apple official and several analysts recommended the company consider buying tesla. officials with tesla ceo elon musk last year is causing speculation to go into overdrive. apple people meeting with the tesla leaders. i believe that is what that is about. augusta national, famous eisenhower tree, this is unbelievable, due to damage from the ice storm.

the tree located on 17th hole was famous and frustrated golfers that had to hit over the 65-foot tree or around it. with masters only two months away, they say there is no significant damage to the course. that is the some of the hot stories on foxbusiness.com. later in the show why one stock chart is creating angst with investors. it is the five-year anniversary of the president obama's massive stimulus package. how did the $800 billion spending spree fare? we'll break down the numbers nexts. -- next. [ male announcer ] hands were made for playing.

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five years ago today president obama signed away $830 billion in a stimulus blowout intended to boost the economy and get people back to work. but did it work? steve moor, chief economist joins me now. steve, welcome back to the show. i understand we have you by

phone tonight you're in the middle of a snowstorm. [laughter] >> that's right.@ >> thank you for making yourself available. i appreciate it. >> sure. >> how would you grade the stimulus? did it work? >> we've gotten about eight inches of snow already in chicago. it's still snowing. no matter where i go it seems to snow. i think the stimulus, when you are right even $30 billion you add the interest on the debt it's going to be closer to a trillion dollars when all said and done. jerry, i would classify this as one of the most expensive mistakes blunders by washington in american history. promised bit obama administration they came out with a report on the stimulus passed about how many jobs would be create over a time period. we're still about 3 million jobs short of where the president's economic advisers told us we would be. >> and the lesson is that these

spending programs don't create jobs. >> well, what they promised us was by the end of 2013, we would be at 5% unemployment reality at the end of 2013 we were at 6.7% unemployment. we didn't get there. not by a long shot. and if you were build back in the number of people got, depressed dropped out the labor force. the participation rate, as you know, is solo at the 38-year low at 63%..3 it would make the unemployment problem so much more so obvious to people. i think people think, oh, it's fine. not really. >> most americans think the real unemployment rate is closer to 8 to 10%. when you take the problem you mentioned gerri, with the record the number of people looking for jobs. you're right. the actual unemployment rate is a lot higher. if you look at the numbers of jobs they said themselves would be created. you remember i think about four summers ago joe biden was

running around the country saying it was going to be the summer recovery. if you look at the latest hot box news poem. most americans think the recession hasn't ended. >> i s really worried about the economy right now. and you remember the president talking about shovel ready jobs. remember that? only about 10% of the stimulus went to construction jobs. the kind of jobs that put people right back to work. a lot of the must be went to extending state workers payroll. >> yeah. engineer, you know, it seems to me it was at friends and family kind of stimulus. and not one for the american people. >> well, i think this is a good point. if you look where the bulk of the money went. you're right. extended unemployment insurance which is a negative for the economy. not a positive. a lot went to food stamps. a lot of welfare programs. those may be, you know, humanitarian thing to do. they certainly don't help build the economy. nowlet take the other side of the equation, gerri.

what do we have show for the trillion dollar of stimulus. i'll tell you. we have a trillion dollar of debt we have to pay back. now the cost of this of going to be, you know, felt for years if not generations. >> you mentioned before about the kind of negativity people have about the economy. i want to bring up a poll here. is the worst over or yet to come. yet to come. 58% believe the worst is yet to come. worst is over just 37%. what do you think the people are keying off of? what is the fact these people that make them say that we're not through it yet and in fact it's going to get worse. >> well, first of all, let me say my own opinion is the economist is that i think the worst is over. let's pray it is. if we had another slump in the economy, we would be so tough on americans finances and their ability to find any kind of job. but i think the reason people are so negative about the

economy is probably just because of false promises. i think people have seen, you know, for example, when the administration said that the unemployment rate is 6.6 nobody really believes that number. everyone knows that the real unemployment rate is closer to 8 to 9%. the other thing, people know personally they come in contact with. that's right. >> the family member that cannot find a job. it hits everybody very personally. >> here's what jason furman who works for the president had to say. defending stimulus today. recovery had act had a substantial positive impact on the economy. helped avert a second-grade impression and made targeted -- long after the act fully phased out. do you agree? is he talking about solyndra? what we've seen is the massive investment by government. so many of the projects we put money in did not provide really virtually a penny of return and

turned in to bankrupt companies. i think we would have been better avidding businesses with tax relief and regulatory relief of maybe, you know, putting a suspension on obamacare. things like that really would inspire companies to hire workers. my worry is that now we spend all the money now we have to raise taxes to pay for it. which makes the economy worse off as we move to the future. the lesson here, gerri, it's so critically important. the lesson of this failure of the stimulus is if government spending does not create jobs because if you take a dollar and give somebody a dollar. the dollar has to come from somewhere. the people who say it is a stimulus are engaged in single -- >> well, steve. >> not the cost. somewhere sheer is something we have for the stimulus money. $3 million went to study a turtle crossing in florida. how about that? [laughter] >> that was vital. that was vital to our national security.

>> steve, thank you for coming on tonight. great job. i can't believe it's been five years. amazing to me. thank you for coming on. >> any time. tax season is underway. we're here to warn you what you owe in taxes could be largely determined by where you live. that make our top five tonight. number five columbus, ohio. the city's real estate playing a big part in the tax burden. 3.57%. columbus has the highest affected property tax rate of any city in the us. number four baltimore, maryland. property tax is a factor so income tax. families earning $150,000 paid more than 5% of the income in state and local income taxes alone in 2012. number three, milwaukee, wisconsin. the city had high property and income taxes. last year they reformed the tax code hopefully giving them tax relief. number two, philadelphia, pennsylvania. the city of brotherly love.

tax on fuel that. gas costing an additional 31 cents per gallon due to high state taxes among the high nest the u.s. and number one, bridge port, connecticut. a family earning $150,000 there paid more than 22% in taxes. and the lowest cheyenne, wyoming. a family earning $75,000. paid 4.6% in taxes. coming up later way to keep the small business safe from hackers. one when market stock market chart comparing the crash to now is creating a little bit of drama in the financial world. should investors be worried or covering your assets? coming up.

could it be 19129 all over again. a single chart predicting the chart set to mimic the crash as

black tuesday has been making wait around financial circles. should you all small investors take notice. we're covering your assets assets with sean trader and editor. i want to show the chart. it compares dow way back then with what is going on now. it's following the dow industrial here. sean, to you. what do you make of the chart? is it telling us anything we need to know? >> it doesn't scare me. you can lay a lot of things over each other and get them to look like something. the stocks that were in that index then and now are very different. the economies are very different from then and now. and they are industrial now. they are service-oriented now. there's a lot of differences. it's not apples to apples.

engineer do you think we could be in a big crash? >> yeah. i think we could be. not ecause the chart but the evaluation of stock at the high end. they are extended away from major moving as much as 2007 and even more so in -- excuse me, what we had 2001 and 2007. in other words, we are in the danger zone. stocks are too high. but not necessarily because of the 1929 chart. >> all right. i got you. frank? >> a lot of peoole are worried about the chart. a lot of individuals investors looking thinking. >> i think it is nice to go down memory lean. i don't think its ha lot of relevance. there's major differences between 1929 today. there's a lot of accident past since that time. interdependent world economy. and access to information is --

i don't it has a lot of bearing what happens in 2014. >> we also made the same ccart looking at s&p 500. it looks very different from that for the one scaring everybody this weekend. gene how do you make sense of the different ideas here? >> from an investment banking perspective we're interested in the duration of the market as many of our clients businesses do not trade like a stock. as a result did -- markets do not die of old age. from an outside shock trigger the next market. i don't see any market risk here for the typical triggers. >> it is a little long in the tooth, my friend. what are we at five years now or, you know, this bull market is getting a little gray. getting a little saggy. >> it is. there gets to be investor comfort area that happens.

there's not as good of a correlation. it may feel good but it doesn't have anything to do with the fact is. there was three things. business spending and earning. we move from a policy-driven market in 2013 to looking at fundment tal. are you confident about consumer spending? >> women, of the three that is the one that is probably lagging a little bit. it's going to pick up as the year goes on. interesting. what do you see the most important thing in the market. people look at fundamental. it's a thing to look at?

>> i think it is something to look at. evaluations are getting a bit high. i think it is overall market confidence. the market coofidence is there. the ipo market are strong. volatility is low. i think it's going to bode well for a strong equity market in the future. do you agree? >> i think it is. because right now most sectors are so elevated you have to pick out those areas of the economy that have been overlooked. right now it is like commodity storks. commodity etf. high-tech things like systems intel thing of that sort. >> frank, what sectors do you like? >> definitely the favorite of the energy sector. especially on the construction side. you see transportation and infrastructure being a play this year. especially with the shale gas development. >> gene is that done? what sectors do you like?

health care tech and consumer retail. >> thank you for coming on tonight. interesting conversation. we'll try not to take those stock charts too seriously. thank you very much. >> thank you for having me. >> thank you. >> and still to come. my two cents more. how do you that with ways to protect your small business from data breaches. we have advise you won't want to -iss coming up.

well, here we go again. just this weekend crowds funding kick starter admitted they are the latest marriage company to suffer a data breach. credit card information of not taken but they got access to personal informations like addresses and phone numbers. joining me now and how to protect yourself is identity theft 9-1-1 chairman. here is company whose job it to raise money on the web. it seems to me they would be number one for hackers. they would be. the third certainty in life is hacking. which comes behind death and taxes. >> well, i hate to hear that. i know, a lot of people say,

okay, it's going happen i'll never buy anything online again. of course, you know, while you're guaranteed at some point somebody will be looking over your shoulder hopefully you won't get hacked. here is what the ceo had to say. they were app gettic. we are sorry this happened. he said. we have since improved our security procedures ann will continue to do so when the weeks to come. we're doing everything in our power to prevent this from happening again. it seems same old same old to me. sorry, we fixed it. can we believe it. >> no. i mean, unfortunately is the mantra we're hearing. the real one should be what i call the three m. minimize risk of exposure, monitor, and manage the damage. >> all right. before you get there. i don't want to leave kick stater yet. a lot of people particularly in our audience are interested in the company would like to invest in some of the companies on the website. would you recommend that at this time?

>> again, i think if we're going stop working with companies that have a breach issue there may be nobody left. every company will be breached a victim of identity theft. that being said, certainly the kick starter people you have a password you use for all websites. kick starter one. you need to change them pronto. >> you shouldn't have done it in the first place. what we think anyway. the truth is you have to change everything and make sure you don't share passwords between sites. they have to be discreet. that's one of the ways as a consumer you protect yourself. >> i know a lot of people out there think i'm running a small business i'm going fly under the

radar. no one will hear about me. what do you say to them? >> there's no flying under radar anymore. the problem is that once the big guys toughen up. the identity thieves are looking for the next weakest link. not only that often times a smaller business is a gateway to a larger business. look target it was a company that got breached that lead to the target system. you know, this day in age you are your venn or it and every company has to toughen up. there's a security ecosystem where all part of minimize. tell me about that. >> you have to minimize the risk of exposure. so you to install the best security system you can get and use advice professional

cybersecurity companies. and physical security, you should limit access to only those people who know. they should each have a discreet password. it shouldn't be mixed up with the data you have involving personal identifying information. and time to test it. >> target of was not segmented. monitor and finally manage. what do you mean by that? well monitoring you need outside penetration testing. you should also have a system that alerts you if there's any untoward action going on. you should have a compliance officer that rides everybody like mad to make sure people are complying. should make sure that you update carefully and you should be scrutinizing your vendors like your employees.

the last point is at the end of the day, you know, you are responsible for what happens to your customers in the situation like this. can't escape it. can't fly under the radar. that's absolutely right. that's point we were making about target automatic that time. you know, you say you're a victim. boy, your customers are too. thank you for coming on the show tonight. great information. great advice. >> thank you. should you local government pay for damage to your car due to potholes?

potholes are popping up everywhere. should your local government pay for damage to your car because of them? we asked the question here is what you said. 46 percent said yes. 55% said no. log on for the online question every weekday. like to see a split sometimes. and here are some of the e-mails on the poor job the politicians in washington are doing. dennis from colorado writes about obamacare it's the biggest con job i have seen pulled on the american people. they make bernie madoff look like a nun. what can we do to lower the cost of living for the people who need a boost? says no politician today. public service no longer applies the image of a bev nevada lent

ally. rather a new class that work only for the next re-election. send me an e-mail. and finally, look i'm a big fan as anybody else of groupon. the coupon clipping. i like saving money. a recent promotion had me chuckling. groupon is offering $10 discount on purchases over $40 to celebrate president's day. specifically they are celebrating the man whose picture appears on the $10 billion. alexander hamilton who they describe in a press release, as quote, undeniably one of the greatest president. kind of like ben franklin or john hancock. they were never president. hamilton had a stellar career anyway as a found father of our nation. he penned george washington's economic policy but never served as president. it was being funny they said. don't rely on social media for an education. that's my two cents more.

and that's it for "the willis report." thank you for joining us. have a great night. we'll see you back here tomorrow. taxpayers have nothing to celebrate. welcome, everybody. i'm charles in for neil. five years ago today. the president signed an $8 00 billion stimulus bill in to law. and remember when he said this about it? >> today does mark the beginning of the end. the beginning of what we need to do to create jobs. the beginning of the first steps to set our economy on a firmer foundation. >> well, that foundation still is