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tv   The Willis Report  FOX Business  February 18, 2014 5:00pm-6:01pm EST

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and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com gerri: hello, everybody, i'm gerri willis, right now on "the willis report", is the winter of discontent? the snow that just won't stop. -@now a new problem for communities. also, my special guest, the chicago economics professor who caused an uproar by destroying obamacare. he will answer his critics. and the real story hyped the surge in gluten-free foods. are consumers getting hoodwinked at the grocery store? we're watching out for you on "the willis report."
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gerri: the scramble for salt. sits and towns are bracing for the salt. joining me with the problems municipalities are facing, we have pittsburgh's chief operations officer, we have chris koch, public works director for paterson, new jersey and bruce sisler, the mayor for morristown, new jersey. bruce, this seems to be a problem across the country but what kind of salt issues are you facing? >> a lot. the fact that the storms are so frequent. the fact there is archaic law right now that is hurting municipalities here in new jersey and across the east coast. gerri: you're talking about a century-old maritime law keeping a whole lot of salt stranded, i believe in maine, right? >> it is, yes. and the fact of the matter is that the federal government should have some emergency provisions and some procedures they can release this on emergency basis. gerri: i know that senators, new jersey senaton this right nt
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could be a while before you guys see this. now you were involved in this day-to-day. what kinds of problems are you facing? >> well, we have a host of problems. mainly we're facing a lot of fatigue. drivers have been out there because of lack of salt, they have been required to drive and plow more as a way to subsidize the salt shortage. but we reached out to our lawmakers from the assembly level all the way up to the federal level to request help in getting this salt delivered. gerri: you guys need help. bruce, you're saying you guys are mixing all kinds ever things into the salt to stretch it. i don't know what it is doing to the roadways. let me turn to guy for a minute in pittsburgh. you guys have something like 57 inches of snow this year? >> yeah. gerri: how do you possibly keep up with that? >> it is very difficult. so far we have seen 57 inches of snow in the city. typically by this time of the so we've seen double what we typically see. what has been hurting us, we're seeing a lot of one to three inch snowstorms where they come
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day after day after day. we have four, three inch snowstorms the past six days. it is straining our supply and adding fatigue to the employees and equipment. so what we've been doing last couple days to stretch materials we've been adding rock salt with sand and crushed limestone spraying with liquid calcium and working with us. gerri: guy, isn't that hard on the roadways? doesn't that create problems on its own? >> it creates problem for the roadway. we're making sure the road is safe for the commuters and school bus. with the salt we're seeing, roads creating a lot of potholes. once this wouldn'ter is over we'll reevaluate our paving program and spend more money on resurfaces streets this summer. gerri: bruce, what happens if you don't get the rock salt out of maine? at end of the day you're not getting enough salt to do what you need to do, right? >> correct. what we're doing, we're plowing every day literally right down to the pavement.
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we're putting something called grit down which is sort of milling and rocks and dirt to try and give motorist as little bit more traction under their wheels. gerri: so the sun melt as little bit of that. i got to tell you, chris, i've been driving this stuff and the roads are not wide enough. >> yep. gerri: there is no place to go. there's a wall of ice on the side of the road. are people having more accidents as a result? >> we are seeing some accidents. we asked the residents, paterson is the third largest city in new jersey and its topography is very hilly. some of these roadways we have to salt constantly. without a salt it's a problem. in terms of narrow roadways we're asking residents not throw back snow in the street. gerri: all the time. people try to get the snow out of their driveway and put it right in the road and create more ice and more hazards. guy, to you, i understand a company called american rock salt that everybody orders from and that they can't mine it fast
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enough to supply people like you? >> that's correct. we get our rock salt from this company out of western new york. they send it by train to pittsburgh. then from the train it is hauled on trucks to the various divisions. but, we in city of pittsburgh and most municipalities in western pennsylvania throughout the state use penn d.o.t. contract, pennsylvania department of transportation contract which we piggyback off of. they have that contract and very difficult for them to keep up with the demand for us but state and county and local municipalities. they are trying best as they can. they can't mine it fast as they can. gerri: they sure can raise the prices though. >> we're locked in at $55 a ton. that is us, the government. i'm not sure in the private sector they may get more for that. i hear rock salt is going up to $200 a ton. gerri: are you seeing increases too? >> yes, we are. that is one of the concerns we have. i don't know if there is a way to prove it are vendors holding
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back from the municipality that is have lower price of salt and cornering the market? gerri: unbelievable. i got to tell you. i think the next issue will be flooding. this snow is all going to have to go somewhere. what do you say? >> absolutely, our overtime costs with regard to our plowing is going to be difficult but what will we have to look at with our drainage and those issues? it is going to be difficult for any municipality here in this area. gerri: guy, last word. >> in our area too, with flooding. we have three rivers here. it is 48, 49 degrees with sun. a lot of snow is melted today. we'll see problems over next couple days with flooding potentially. we have another snowstorm coming in over the weekend t will be very interesting week and we'll have to get through it. gerri: good luck everybody, new jersey, new york, pennsylvania, pittsburgh, wee all be fighting it. thank you for coming on tonight. appreciate your time. great job everybody.
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>> thank you, gerri. gerri: while cities are running out of salt, people are running out of patience, being cooped up during this endless winter. joining me, dr. keith ablow, a psychiatrist, how to deal with cabin fever. let me tell you, doc, you know, out in the suburbs, people are angry. i saw some kind of vicious displays of anger this morning at the train station, let me tell you. is this unusual? are you surprised? >> listen, i'm not surprised because this is unusual. yes, people feel disempowered. when people disempowered by something great as nature, they become irritable. they become unable to plan their days, their weeks. it is relentless, gerri. so that is what really contributes here to people feeling dispirited. they can't control it and it is random. you don't know if it is happening next week or tomorrow or two weeks from now and that's a formula for helplessness.
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gerri: formula for helplessness but what do you do about it? is there anything you can do? you're sort of stuck at home, aren't you? >> one thing to know it is going to end. generally if you will define for people, listen this, is not forever. there is an end in site, they will do better if they keep that in mind. you can forget it. other thing not effort so much against it because the truth is, sometimes it is better to say, you know what? forget it. no plans this weekend because the snow's coming. hence we'll stay in with movies, this, that. cabin fever is mostly cabin fever because people are itching to get out and they want to battle bense nature. if you just kind of relax into it you may win. gerri: some people say you should get a lot of natural light. take a walk in the neighborhood. what do you say? >> well i love that idea because listen, one thing is cabin fever. another thing to be actually stricken with major depression. this winter is a formula for disaster for seasonal effective
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disorder. people who don't get enough bright light they can literally fall victim to major depion with all symptoms. lack of concentration, decreased sleep, whole gamut. >> believe in that? lack of light can actually get people depressed? >> absolutely can. i'll tell you, device you buy online for 100 bucks, bright light devices like the go light, many others they can actually reverse major depression and seasonal effective disorder and give people back their sense of balance. >> talk a lot of cabin fever and depression, what i see is out and out anger. people are tired of having to deal with this. what do you say with people who are short-tempered and just fed up? >> you know what? here's what i say. the best solution, best prescription for your irriddability to be helpful to someone else. i know it sound trite. you want to feel powerful? check on couple relatives and friends. make a few calls. say how are you doing? i wonder is the propane supply
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okay? you need me to make calls. that empowers people. we forget we have reserves of effective he's rness in the face of mother nature -- effectiveness in the face of mother nature but we still do. gerri: thank you, dr. ablow. >> stay warm. gerri: you as well. we want to know what you think. here our question tonight. are you suffering from cabin fevee? log on to gerri willis. com. -- gerri gerriwillis.com. i will reveal the results at end of the show. we have 57 incheses in pittsburgh you're probably coursing your local weatherman or woman, right? it is not their fault. the it feels that way when their forecasts are off. what your weather forecaster won't tell you. number five we're great predict weather in place that is don't have any. places like south dakota where high temperature can vary day-to-day by 10 degrees they were only right 70% of the time.
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more than 86%.ologists right we all use same data. why all forecasts so different? meteorologists are trying hard to be different and to promote their newscasts as having exclusive, triple doppler whatever. number three, the polar vortex is not a new thing. these freezing, bone-chilling temperatures are not as much rarity what you see on tv. actually dates back to the 1940s. happens every five to 10 years. number two, we're better at marketing. have you heard some stations like the weather channel calling these latest string of weather storms by names that are completely made up by the way? it is a way to get you to tune in by drumming up interest and hashtag nemo sound cooler than hashtag winter storm number four. number one thing weather forecasters will not tell you it is this, raining money. weather forecasts ballooned into $6 billion industry. thanks o private companies trying to develop the latest and greatest weather technology to
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public services like the federally-run national weather service. but good news is, your local weather person is way more accurate than this little fellow we saw two weeks ago. punxatawney phil fill, look at him, he is right just 39% of the time. i don't know why we listen. lot more still to come this hour, including how your tv could be targeting you. next, everything in the grocery store seems to be gluten-free these days. is this important for your health or boosting company's bottom line? ♪ female announcer ] it's time for the nual shareholders meeting.
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♪ there'll be the usual presentations on research. and development. some new members of the team will be introduced. the chairman emeritus will distribute his usual wisdom. and you? well, you're the chief life officer. you just need the right rofessional to help you take charge. ♪ to help you take charge. ♪
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gerri: well, from the supermarket food aisle to specialized menus at restaurants, the gluten-free craze seems to be everywhere and it's a big billion dollar business that companies trying very hard to get in on but is it all just hype? joining me supermarket guru.com editor phil lampert. phil, good to see you my friend. $10.5 billion. i'm amazed. how did it happen?
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it grew like topsy? >> it happened for a bunch of reasons. number one we saw some celebrities coming out saying they're going graduate 10 free. we have something called the atkins phenomenon. the gluten-free diet is similar to the atkins diet. so a lot of people they were able to lose weight. so that was a good thing but also we have a lot of docs and nutrition its being very concerned that people are not getting enough fiber. so we have to really balance out how much of it is a fad and how much is a trend. only 1.8 americans who are disease diagnosed a lot more people think they might have seeley yak. what they have is really gi discomfort. gerri: clearly what you're saying is interesting and clearly a number of people who have this very serious reaction to wheat, very small, but a ton of experts are telling folks every single day that wheat is do you agree?gestive issues.
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>> no, i don't. and also we have a lot of alternatives now with all the ancient grains that are out there. we have kinwa. which have hemp. there is lot of other grains that frankly we should be eating. it shouldn't be all one food, no matter what that foods. we need a much more balanced diet. gerri: phil, listen to this everybody is climbing on board, right? let's see. trader joe's, in their weekly circular they had a little thing saying they have have a gluten-free greeting card. it was tongue in cheek and a joke but still funny. the girl scouts are going gluten-free. they are gluten-free short bread. pillsbury in their annual prize is coming out with the best tasting gluten-free confection. this is pretty darn serious. >> there is no question about it. while it is $10.5 billion last year, people predicting this
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could be is a billion, 20 billion, and soup irmarkets are clearing the shelves with more gluten-free products. what you need to know, a cup of companies who have certified certified gluten-free factories. that is great. gerri: wait a minute. wait a minute. certified gluten-free factory, what is that? >> well, what that means is there is actually a certification process to make sure that there is no gluten in the factory because you can pick up a product that says gluten-free on the front and turn it around on the fact, may be produced in a processing facility that contains gluten. so you know, celiacs know what to eat. they don't need to buy over price, gluten-free products. they know exactly what to do. the gluten-free phenomenon is for the rest of to us try to figure out what is going on here and frankly -- gerri: i got to tell you, 30% of the americans want to cut back on wheat. want to gut back on gluten.
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i read sales of wheat-based flour are down to 22-year lows. i think some americans are they're flirting with this. they're experimenting with it. even though they are not celiac disease, they're feeling better. some folks would argue with you this is fad. i think they're trying to make the change for good. >> well, yes, but what you need to do you need to talk to a registered dietician. you need to make sure you're getting a good balance. you can't just goblet 10 free. you need to eat yogurt for probiotics. you need some fiber in there. we shouldn't be self-diagnosing whatever the diet is. a lot of people are doing it because they might think they're feeling better, but it could be they're losing weight and they needed to shed a few pounds in order to feel better. >> so, phil, obviously this trend's on fire and millions and millions of people are trying it and companies are making a heck of a lot of money on it right now. what is the next trend in your
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cross-hairs? what comes after gluten-free? >> we think it is really just a gi diet where people are going to understand that their gastrointenstinal system needs . you take a look at sales of products like rolaids and tums and the otc medication for gi disorders. that is actually down by about 2 1/2%. a study just found a lot of people are concerned about the side-effects. those tv commericals that go on and on and on about all the terrible things that are going to happen to you. so as a result, i think the next big diet will be understanding of our gi tract and really just a balanced diet. gerri: wow. you know, one thing i want to mention. if you want to go gluten-free, you could eat corn-based products and rice cakes. other things you can eat don't fill the bill and not two or three times more expensive than the regular stuff.
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phil, great to see. >> thank you, gerry. gerri: we'll have the latest later in the show as the cbo warns that obama's policies are killing the jobs market. plus hear what the white white house is saying. next taking advertising to a whole new level. how television sets may soon have commercials targeted for each individual household. ♪ [ male announcer ] whether it takes 200,000 parts,
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what is this place? where are we? this is where we bring together the fastest internet and the best in entertainment. we call it the x1 entertainment operating system. it looks like the future! we must have encountered a temporal vortex. further analytics are necessary. beam us up. ♪ that's my phone. hey. [ female announcer ] the x1 entertainment operating system, only from xfinity. tv and internet together like never before. gerri: imagine tv ads tailor-made just for you? a new service allows
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advertisers, even political campaigns to target and pinpoint specific homes for their commercial. here to explain is a media president. mike, good to have you here. you seem to be taking the mass out of mass media. >> to an extent, yes. gerri: tell me what you're doing. >> sure. historically television has been about just that, it has been about mass marketing. it is about using content as surrogate for the audience. we're changing that a little bit. so we're sending, using technology and data to send specific tv commericals to specific households, generally through the set-top box based on characteristics who is living in the household. gerri: let me see. so i watch tv all the time. >> yep. gerri: and in the campaign season you might be sending me specifically targeted republican ads or democratic ads or even ketchup versus mayo? >> absolutely. i can tell the fact thaw purchased heinz ketchup in the
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past six months and send you a message. i know you make over $200,000 a year and credit score is 750. so you will get a credit card ad. i know what kind of car you drive. some of this is debated for a while but actually real and happening right now. gerri: mike, you see this in other parts of our life where you get targeting ads all the time. >> right. gerri: but not on television. technically how does it work? how do you get that into my tv set? >> it is fairly simple. there has been software installed into cable boxes or head end of about 42 million houueholds in the united states. gerri: if you're a cable subscriber. >> if you're cable, satellite subscriber you have to have a box. there has been software installed in those boxes which now allow the ability to insert an ad targeted to that particular household. gerri: so it is all there already? >> it is all there in about 40% of u.s. tv households. gerri: wow, shocking. what is interesting about it though, we have think of it. v as way we come together with the communal fire, everybody
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sees the same things. we binge watch. "house of cards" this past weekend. you think you're seeing the same ads too but that may not be true in the future. are you already up and running? >> absolutely. this, we believe this is definitely every bit of the future of television advertising. we started multimedia specifically around this function. gerri: will this invade my privacy? i mean who are you selling to? where is my information going? >> so that is a good question. everything has been vetted from a 100% from privacy and legal perspective. it had to be. gerri: i think that is what neiman marcus said, my friend. i think that is what target said. >> here is what is makes the difference. data is tabulated by a third party, me the agency, the tidesser or the provider never actually sees the personally identifiable information. done like a third party likes experion or axiom. we're replicating direct mail business on tv. gerri: very interesting. are there other downsides that
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you can see? advertisers can reach out there and grab exactly the audience they want. but from a consumer point of view, do you think that consumers won't like it for any reason? >> so to be fair most consumers, probably unless they're in the business probably don't know they're getting a targeted ad right now. gerri: right. >> if i never saw an ad for women's shampoo again that would be okay. if i never saw an ad for a car that i can't afford or helman's or mayonnaise, because i doesn't like it. gerri: unlike obamacare you will tailor it to the person getting the service? >> absolutely. we believe the ads are more refined, better targeting, reduced waste is higher return on investment for the advertisers. gerri: very interesting, mike. you have a big business in front of you. thanks for coming on tonight. >> thanks for having me. gerri: coming up we'll tell you about a new tool for individual investors. next the ceo says job losses are coming thanks to obamacare. the plan to raise the minimum wage. so why isn't the white house
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thugh mercedes-benz so ally bank really has no that's right, no hidd fees.unts? it's just that i'm worried about, you know, "hden things." ok, why's that? well uhhh... surprise!!! um... ll, it's true. at ally there are no hidden fees. not one. that's nice.
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no hidden fees, no worries. ally bank. your money needs an ally. gerri: outrageous claims by kathleen sebelius. losses in the millions. joining me now is a professor at the university of chicago. he is the author of a study that shows just how many job losses there might be. so how did you react to the comments today? >> they sounded like she's playing on the word is and referring to what has happened
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maybe in the past year. but the law hasn't really gone into effect until this month. and it's come into effect as we go forward. so of course there is not evidence because we didn't have the law in the past. gerri: can you tell us about what you found. you look at this very seriously and your study that the cbo key off up with their own analysis of job losses. >> you are right come i have studied it. i don't know what the cbo has done or what they have looked at. they are aware of what i have done. i kind of look at the affordable care act is a collection of new taxes and a variety of taxes on earnings and wages. some unemployment regardless of how much you earn. and then also new taxes on the hours of work. if you work over that 29 hour
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mark, you will pay tax again regardless of how much you earn. >> to the idea essentially is that if people can get incentives for saying entrancing home, they might opt to do that instead of having to work to get that health care? at the end of the day according to your op-ed in "the wall street journal", you didn't round too happy about that or think that was a great policy idea. you still feel that way? >> definitely when you're going to a attack something like work, you're going to get less work. you're going to subsidize unemployment. and i think we need to acknowledge that. maybe it is worth it for health objectives, if there are any been being achieved. the one is a little annoying ann maybe even dishonest is the administration denying that there are any consequences or trade-offs in this life that we are being fed a free lunch. gerri: today we also had a conversation about job losses
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that might occur as a result of raising the minimum wage. some 500,000 job losses might occur from the cbo. do you agree with that? >> it just came out a few hours ago. i have not totally digested it. that sounds a little bit like an underestimatee you have the two forces and the minimum wage and also obamacare which is pushing the weight of down. so even if the minimum wage didn't change, there would be job losses from that. so in a sense the minimum wage needs to go down to be congruent with the pressures of obamacare. gerri: you said 2 illion fewer jobs in 2017. pardon me, i believe that if cbo. people opting to leave the workforce. i look at this and i think of so many policies in the administration. devaluing work. what do you make of that? >> obamacare is not the first
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and what it did was create more low-income people and we kind of travel we paid for. we were helping people and it's nice to be helpful. but the price of that was the smaller labor market, more people in poverty, more people unemployed. through a figure coming on the show tonight. we appreciate your time. >> you are welcome. gerri: small banks are becoming been business in the mortgage industry. customers seem to be passing over big banks for the small ones. we have just with details. what is causing this reversal enact. >> you will not see this at the bank of america branch. and i will tell you, if you look at the share common we will get
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why this is. but the big banks got in about five or six years ago about 40% of the share of the mortgage business. now we are at 50%. what is the reason i'm not. >> i do think the customers when you're dealing with mortgage, this is one of the largest loans you'll ever taken probably the most an asset that you own, it's important to be able to talk to someone with experience and knowledge and to give advice on what the right product is for you 92 people walking in. you have a family environment. you mock up someone's office and talk to them face-to-face. let's take a look at the size of a market. it's really shocking part of that is the lack of refunds. but if you look at the and what they think about what it would be this year compared to last year, half a trillion dollars left to so you must have a big run-up, but you're taking share
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away. >> estimate of purchase market is good this year. refund market may have slowed down a little bit. we are seeing people come in and call a simple online and ask for advice because they don't want to make possibly some of the mistakes that they made in the past. >> you compare the big banks with some of the people that are benefiting from this and there's a lot of public we traded companies that are. and these are entities that are really benefiting from this. -hey ran a red event and backed off a little bit because some people said that they think that the big banks will eventually trump the smaller ones. but you got your way. >> this is the attitude and maybe you can see some of this. you know, it was an older bank needs to be frowned upon and fingers worked there for 30 or 40 years and i've met a couple of them today kind of a great american institution.
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>> bear usually little but more flexible. the hunger index is plunging. >> i just talk to david about them and so maybe not as we go down the road. we get a better sense of it once we get past this weather if we ever do. >> of the big question i can't answer that. thank you so much for your report. it's great stuff. >> good to see you. >> when we come back, a sad look at the state of our nation's veterans. so how do you do that? we wwll tell you how to get a better bang for your buck.
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>> a smart new website that changes the way you invest using social media. the idea is based upon businessman peter lynch and his mutual fund manager and his philosophy to invest in what you now. here to explain is the cofounder of this show. so explain to us what you are doing and how you're going to help me invest in things that i know where my friends know about. >> at the company created by mice elf and my brother last year and what it is is a tool for people behind the bands and products that they actually like in real lifethe bands and products that they actually like in real life and we will actually look for the meetion
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sunlight of the brands and products that you and your friends like the most and displayed to you the really cool actor boy. >> it doesn't stop there. you give us additional details on those companies. what you are saying is that it is a peter lynch theory and famous for buying retailers and companies in things that were in everyone's world so that we can all understand. and with the social network that we cannot do, we can see the
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brands and product burin actually talking about on twitter and facebook and tie those in investment opportunities that you might have messed. >> looking at pictures of the website and how it works. so you can get a sense of it. so the five most mentioned companies, they are google and facebook and twitter and apple and this is a tool that is being used and it sounds like it's just feeding us back what we already know and so where are the new fresh ideas? >> actually you can select to see companies that are seeing unusual enthusiasms compared to their baseline. until companies this week like comcast and directv for very different reasons are seeing extreme social media chatter. we saw a 14000% increase in the amount of enthusiasm for tesla,
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the electric car manufacturer and it's really about looking for outliers in total media and more of the enthusiasm that is bubbling up on main street before it translates to profits on wall street. gerri: so you're not only tarreting newcomers but traders and hoping that they will he using this product as well? .yes, that is right. we considered this a greatly for people to get introduced to the stock market because it's introduced with stocks and products and companies that you like. but it's also really good discovery tool for those who find the undiscovered gems like tesla 18 months ago or some of the other printing manufacturers today they're being talked about in ways that are showing enthusiasm prior to the ellen prior to the earnings were words down the road. gerri: it's all about the cashback. thank you for coming on, it's really interesting and i know
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people will check it out. thank you. >> thank you. gerri: still to come, my "two cents more". and more bad news for nation's heroes.
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gerri: joining me now is a former helicopter pilot in the
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united states army and a military advisor. welcome to the show, it's great to have you here. this is a disturbing trend. a doubling of the number of military folks are getting food stamps are and what is going on? >> is, this is the unfortunate reality. lower in the ranks of those who are married and have multiple children and they are unable to feed their families. many of them are making just over the poverty line at about $20,000, which is putting them on a really tight budget and some of them have to go on food stamps. gerri: we are looking at the redemption levels and these are military grocery stores. so basically they are saying the huge increase of food stamps. you said that they start the earnings at about $20,000. another big problem that i've
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read about is a lot of spouses are not working either. so essentially you're trying to raise a family possibly on just one salary. >> yes, the military lifestyle is not consistent or stable as anyone in the military community knows. often soldiers are called in to work during the middle of the night. deployments, to go to the field and do different training events multiple times a year. often it is going to be a one income earning home. spouses at work a lot, it's a part-time type of work. a study found that 90% of military spouses were underemployed and then another study found 30% of military spouses aged 18 years old in 24 years old were unemployed altogether. so that puts them even on a
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tighter budget. gerri: what he do you think washington should be doing at this point? >> this isn't just a military problem as we have seen. even with the numbers going up. they don't know if it's best, but definitely both. this is a problem with the unstable economy that we have been. bill if americans are suffering every day in the is one of the problems. so we need to fix the unemployment rate with the post-9/11 veterans. well above the national average. in january it was 7.9%. then the veterans and the military members really deserve better than that. gerri: i agree with that. what's obvious to me, having looked at this overtime -- these military folks are always the people who get targeted by bad
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guys who tried to rip them off all the time. that products, always getting marketed to the same folks. i hate you. how can people help military members that if they want to help them quit. >> if they want to help, there are great nonprofits out there that help members when they are in financial need. each military service has their own, but the army emergency relief fund is one of them. you can google them and donate. it is a nonprofit that provides emergency funds to shoulders who need it or you multiple times per year. they get in a bind and are looking for help. also active duty soldiers we contend they need to use what is out there. the military financial planners that are there on base, they are there for the soldiers to use
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and they need to be taken advantage of those. gerri: thank you for that. we appreciate the information and we thank you for your time tonight. >> thank you. we appreciate it. gerri: we will be right back with my "two cents more" and the answer to our question of the day. are you suffering from cabin fever? will not go. ♪ ♪
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t me just put is away. [ male announcer ] how did edward jones get so big? could you teach kids that trick? [ male announcer ] by not acting that way. okstuarter... [ male announcer ] it's how edward jones makes sense of investing. ♪ gerri: more than 6 inches in pennsylvania today of additional snow. with all of these winter storms, are you suffering from cabin fever enact why does everything have to be inndisorder, terry says. mark says this. yes, i booked a trip to cancun on saturday. we asked this question and 42% said yes. 50% said no. here are some of your e-mails. andre from texas right that the economy will improve under this administration and i am having a huge sale on unicorns up to 50%.
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and alan from california says about planned tax hikes, the government should not raise the taxes on heating oil to support the farm bill area maybe you have time to look at the relevance of the farm subsidy. he loved hearing from you. go to gerriwillis.com. finally tonight, is it me, or does it seem as though this administration is doing everything it can to stop the job growth? the minimum wage obama is advocating cut 500,000 jobs according to this ebl. obamacare is a similar job killer according to the independent ceo. job losses could tally 2.5 million jobs next year as obamacare enrollees have to stay home rather than work on insurance coverage. work is a good thing. it's an organizing principle for many of us. our country is the most productive nation in the world trade but this administration says i will be better off
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staying home writing poetry. i don't know what they want us to do. that's it for tonight "willis report" and we thank you for joining us. we will see you here tomorrow. ♪ ♪ >> fasten your seatbelts and hold onto your identity. this year, it's going to be a bumpy ride. welcome, everyone. i am charles payne in for neil cavuto. it turns out that target and neiman marcus were just the beginning. a new report showing 91 major hacks have been ordered in the verse 43 days of this year. that's more than two per day. and it's not just big retailers that were talked about. medical offices, local banks thomas school districts. transportation companies and even nursing

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