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tv   Varney Company  FOX Business  March 27, 2014 11:00am-1:01pm EDT

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constitution and civil liberties because we are threatened by a broad of the new web. we do both effectively. we are not doing both effectively, civil liberties are being traded for security, dangerous slippery slope for the american public. maria: that is the final word. we are working on a special with you. we will do more on this because this story has more legs to a. we will have d-backs in. joel nachio, that will do it for the opening bell. here is charles payne. charles: excuses excuses. this is the big story, harry reid blaming internet ignorance for a lack of obamacare side of. america is too stupid to work the internet. president obama meets with the pope looking for divine intervention perhaps. is latest poll numbers not that
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good. another video short sego viral, what he is fighting for. and fire up though organs. more bad news for game stop. "varney and company" starts now. charles: we begin with game stop. look at your screen. the fact the we do follow closely. i wonder if vincent price one come out. and disappointing profits on growth and that is not good for the company. maria: walmart will be selling used video games and this will be major competition for game stop at a time they are already struggling, stocks down 70% on weaker results. it is not looking good.
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charles: the conference call how important they are, this is gangbusters. even first quarter guidance, it is amazing. >> is that a foreign concept to drive your car to a store, go in and buy a video game when everything is going mobile? you have to question a company based on that. charles: particularly when in a sweet spot for kids to use the internet. sandra: they know their target market very well. charles: i used to love going to game stop because they are very knowledgeable but it is a tough business model these days. speaking of tough we have breaking news. the wall street journal reporting turkey's telecommunications authority has moved to block youtube one week after the ban on twitter. the prime minister is trying to control negative messages concerning corruption. got to bring you in on this. the twitter things seemed to backfire. i don't know why they haven't shut down the whole internet the
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turkey is in trouble. rich: very tough to create those digital boundaries. lineup put up these fire walls. it has worked relatively well for china the information as a way of getting through no matter what. the twitter thing blew up in their face. they complained about it on twitter and backed down. this is what tyranny do, when they are threatened by the exercise of free speech they try to shut it down. charles: i remember when there was something like this going on in iran a few years ago a lot of people were upset president obama dinh try to find a way to exploit that. not sure what side we fall on with respect to turkey and the opposition to the prime minister is there but how do we play a role with this with respect to these burgeoning or developing revolutions that obviously are going to be fuel through the internet. sandra: the arabs spring was known as the facebook revolution because they were using social media to get people into the streets to revolt against hosni
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mubarak. it moved across the middle east. was unusual was in tehran the year before in 2009 they tried to do it and the iranian government was able to largely shut it down. in turkey is an increasingly islamist state, they are trying to shut it down but tough to get over there because digital borders the exist. charles: we will hear a lot more on this. i want to check on the big board. the latest reading on economic data. it was revised, didn't come in as well as people thought it would become a 2.6% during the holiday quarter so there is no doubt we are bumping along here. a lot of people wondering if this is the new normal. in the last five years, you may be had one or two quarters we could call good. >> anybody is going to defend 2.6% growth for the u.s. will point to the weather being an issue but that did place cards, there are economists looking at this number. you are asking if it is the new
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normal. maybe, things will pick up as we head into the year. people will go out and buy things they hesitated to buy. the consumer might be staying home, something to watch. charles: consumer, personal consumption expenditures 2.2% that was the highest number in a long, long time so maybe that pent-up demand you are talking about is starting to come out. let's check lulu lemon, the stock is up a little bit. you did some digging around. speaking of a great conference call. >> anyone watching this stock, out of the gate this morning, stock was down pre-market down, last night down, earnings were really disappointing, outlook g. ceo comes on a conference call and says i intend to accelerate global expansion. we see clear evidence of demand
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in asia and europe with several countries ready for storage. right now their primary is located in the u.s. and canada. growth opportunities, they are expanding in emerging markets. before they believe the ceo is getting the benefit of the doubt as opposed to game stop's ceo, it is amazing these conference calls matter more than anything else. sandra: we talked about management that these companies. they are making interesting moves. women and not just wearing their clothes to wear, and in the casual apparel market which could be for them as well. before stock is acting like it wanted to go all week long. down almost 50% from a 52 week high. senate majority leader, this is your favorite guy, harry reid, the latest extension of obamacare, the deadline, this time he is blaming it on you,
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the uneducated internet user out there. listen to what he said. >> some people like my grandchildren can handle everything so easily on the internet, 63-year-old woman came in and said i almost got it. i just about got there and it would cut me off. we have a lot of people just like this through no fault of the internet but people are not educated how to use the internet. charles: the dumb american. it is amazing. >> just when you think you heard it all from harry reid he says something more crazy. obamacare is not working and he is making it sound like it's your fault. you are too dumb to know how to work the internet so the whole law is not working, putting the burden on the consumer rather insane and we never had a website that actually works, suddenly the entire law doesn't work. we will go back and repeal it. charles: these are people who go to amazon every night and order
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all kinds of things. >> the same guy who two weeks ago called people who lost their insurance liars. charles: doesn't stop. to nicole petallides, to the floor of the exchange, winnebago big profits, i like a lot. despite the bad weather, the stock was up a lot more. tell them to stop buying the. >> it is pretty good and has been a little higher today, having the table on this, came out with a numbers. they did not blame the weather like so many other companies even their competitors, so we see stock up 1/2%. they talked about more than a 50% jump in profit. also they have been seeing sales and order backlog rose 5.5% so that is great news. we were on the web site looking at them and some of them, $300,000, pretty sweet, entertainment systems. it could be fun.
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motor homes consistently in. showing with their numbers. is a winner today. lou: the same people who can navigate the internet lombardi. i want to check mcdonald's shares. taco bell takes direct aim at the golden arches with breakfast menu. they're taking aim at mcdonald's in their new ad. roll it. >> this is ronald mcdonald iii a. my name is ronald mcdonald. i'm surprised how good it is. >> i love the new a.m. crunch rat. >> ronald mcdonald. >> taco bell's new brand is. >> brian nickel is here. what struck me as you guys are open for breakfast at an hour later than the golden arches. you are drawing the line in the sand. >> we are excited to get after breakfast. other quick service restaurants, when will we get in the game.
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>> $50 billion, growing big time. we have a drink and a sandwich. that is what you're coming up with. >> bill waffled taco everyone is buzzing about, terrific coffee. we have taken those traditional bacon and eighth, people loving it. >> on the breakfast side it feels like when you go in the evenings salads are there, calorie counts, when and how many calories we have digested, looking at the points i don't think that is one of your top concerns. >> if you do eggs and the waffle it is 250 calories. we want to be conscious and make sure people have options for
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whenever they need but we also want it to chase off the charts. charles: wendy's tried this with 5000 restaurants, they fell to 300 restaurants, a pretty significant head wind despite the size of this. what makes you so confident. >> we have tested this the last couple years and we focus on is we wanted to be sending our operators and franchisees' would be excited to execute, make sure we had the right speed, terrific value, product you can't find anywhere else and once we zeroed in on those things we have got a tremendous response and it is incremental and that is why we're getting started. charles: you have done the testing. the ad is fantastic. i don't know who came up with it but someone deserves a promotion. late arrival try to get sandra to eat one of these things. sandra: i am curious about the cost of making this. we look at commodity prices going up, talking about the pork prices hitting record highs,
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talking breakfast and things like that, how are you handling that? >> we always are very conscious of what is happening on the commodity side of things as what we want to do is give people value that is truly an expected. i love your face when you are like our you doing it? that is how we know we struck gold because this talk of is $1.99, breakfast tacos for a buck. the crunch wrap $2.49. you would be hard-pressed to find -- charles: creative food. >> around $2. charles: i am -- sandra: the ceo of taco bell e taco bell. >> i eat it every day. charles: a backhanded compliment. >> that prove how good this food is. charles: and amazing commercial. we will take a bite later on. good luck with this. we will say again that streaming is king when it comes to entertainment. everyone is in it. after the break, the best of the bunch, we will talk to that ceo.
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ido more with less with buss energy.hp is help. soon, the world's most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. multiply that across over a thousand locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind.
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charles: time for your morning gold record. the 1800 may be psychological, we are not holding it. really fizzled big-time. charles: check the price of oil while we are at it. this is an important move continuing that rest stop, none of that helps we're $100. let's look at tesla here. they are allowed to keep operating two company's retail stores and open one more from
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ohio state legislators, and the other automakers on this particular deal. bone of contention in a lot of places but it is a good deal for test. and they are all done by republican governors which baffles me. these are the free market's trying to work. sandra: maybe this is going to lead the charge across the villages. in new jersey. tesla is allowed to do this in ohio and other states catch on. could be a trial run for tesla. charles: roker is speaking of good news shipping industry ming stake, we have the ceo, anthony wood, tell us how is this thing
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work? >> this is our smallest wrote to player ever, plug it into the side of your tv, streaming content from netflix to cooking shows, it is a great product, but smallest player shipping today. charles: this player you guys are in a pitched battle against comcast. what is the advantage of this? what i heard early on is this is one of the most products -- expensive products you have put out. >> this is the least expensive product, $49, a lot more content, 1200 channels, a lot more content, comes with the remote control, use it with the cellphone as a remote-control, only works on your cellphone but
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research from independent analysts has shown people must preferred to have a remote control as a way to control their tv so we have a wireless remote control. charles: obviously you must be worried because streaming was it. big boys--cut deals with others. how do you defend your turf in this space? >> screening is the way people are watching tv, this is the leading streaming platform, an operating system for the big screen. our sales growth. we are competing with apple for six years, multiple products for several years and every year we try to grow and when comcast launched it was a big advertising campaign, streaming through from 1 billion hours a year, 70% growth and streaming hours and sales continue to
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grow, we sold 8 million boxes. we have a great product, we get the best reviews, and we focus on streaming. we have the best streaming platform. charles: how often will you have to put the this particular stick? the name, interesting name, did you guys debate that? how much debate did go into the naming of the stick? >> it went into the name. >> we do focus on streaming on this show. we do know where it is going and it seems when i see a company like yours that is so innovative and jump-start, the big boys come out, you have more things on the drawing board. >> the best thing about this is we release two three channels
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the day on average. we update the software with a major software update every month. we are company that consists of software engineers continuing to drive that information. mary hugely popular and that is one way to compete by being focused on streaming and delivering the best and the dating regularly. charles: appreciate you spending time with us. star tv personality micro, defender of the working man and american dream, more on this next. >> i open my door and to get there we build shares and bird houses and whatever that thing is. but then one day they pulled the plug.
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charles: the stock of the day yesterday's, inauspicious debut, kicking the on the second day of trading, still down $18.84 under a lot of treasure. the third reject citigroup's share buyback plan "after the bell," the bank is not prepared to handle a potential financial crisis. that news is crushing shares of
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city down $2.65 more an 5%. one school in illinois filed their vocational teacher and stop their classes and that didn't sit well with their dobbs mike row. >> some things are more important than dancing. it is time to get back. because wood is a beautiful thing. charles: that is out of illinois. conn. increasing the minimum wage to $10.10 an hour. what is happening with respect to the country, the work ethic and where we are focused? sandra: the minimum wage hike in connecticut is a bit disturbing to some this morning considering the unemployment rate in connecticut is above the national average at 7% so republicans pointing out we already have low demand for employment in this state, you are raising the minimum wage to
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$10.10, obama's target for the federal minimum wage. governor malloy is not seen as a political tactic, is going to run for reelection? probably. it is not good. the woodworking story to have those jobs go by the wayside and training for those, it is -- charles: on the other side of the equations the big paying jobs, not the $10.10 jobs but the big paying jobs where you can have a great life a lot of them are science jobs, engineering jobs, mathematical jobs, people are you 2 to 3 million of them at this moment going begging because we don't have the american students to fulfill them. >> we also leave out those that are required college degrees and also for getting those folks that don't go to college or need to go to college or want to go to college and don't have to go to college. people certainly have the choice and some people can't afford to
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go to college, that is just the way life is. there are trains out there. charles: if you don't have a high school degree you have to 15% unemployment and a college degree unemployment under 4%. sandra: we need people willing to do jobs that don't require these, we need to train them. charles: mike rowe is saying we need higher educated work force the don't forget the plumbers and carpenters. believes it or not we have a construction worker shortage right now. you wouldn't believe that two years ago when all of them lost their jobs. >> that is a volatile industry and you don't know if you have a job they today because what if the weather gets bad or a project is canceled? that is a tough industry. charles: we need a country where people embrace knowledge. doesn't have to be higher knowledge, just knowledge. time to reveal the matchup from above varney tech tournament. two names you know, twitter the
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lowest seed remaining in the tournament squares off against big bad apple. twitter is a fraction of the size of apple and the apple stock is down less compared to twitter which is i think in fair territory. if you can vote on which of these stocks you prefer to own from the long-term. go to our facebook or twitter page. all our market watchers, pros and market watchers make their pick next hour and tomorrow we are going to reveal the final four. up next the gun control debate and why a lot in new jersey caused a gun store in new jersey to change its policies. the former president of the and are a is after the break.
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can you start tomorrow? yes sir. alright. let's share the news tomorrow. today we failrly busy. tomorrow we're booked solid. we close on the house tomorrow. i want one of these opened up. because tomorow we it's a day full of promise. and often, that day arrives by train. big day today? even bigger one tomorrow. when csx trains move forward, so does the rest of the economy. csx. how tomorrow moves.
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charles: they said it would spin off the file technologies. the stock is up. a new high for garmin. they are still rocking and rolling. still hanging in there pretty
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good. a gun store in california pulled a smart gun from the shelves early this morning. why? it is putting the gun on sale in the store. david king joins us from washington, d.c. it is a weird, strange mix of things going on here. >> there have been ones where the gun would send the fingerprints, this one requires the owner to wear a watch that communicates with the firearm that will not work unless you have the watchdog.
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they have never been able to perfect this product. the gun control people really like the idea. they would like to mandated. this is a business channel. this company is not designed to go after gun owners and potential gun owners. this is a company where the success depends on the marketing to politicians. it would require firearms in new jersey to be limited to smart guns. historically, these things do not work all that often.
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charles: the typical safety gear that is on your regular guns at the moment. even if they eventually perfect this, maybe a combination fingerprint, voice, breathalyzer, whatever it is. >> we would oppose a mandate. we do not think that there is a market right now. this is being designed as a market product. the new jersey example and statute proves that is in fact what it is. we believe in free markets and free choice.
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what you have is companies that are trying to design something for politicians. charles: i am glad you said that. i want to switch topics here. they want doctors to ask patients if they owned a gun. how legitimate is that? >> it is not legitimate. we would not expect the president to appoint somebody who agrees with us. this guy has been an anti-gun activist for years.
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he supports a national arms registry. if you have an appointment with your doctor, it is supposed to be a private thing. if you are lucky these days, you get 10 minutes. charles: you are probably speaking to the choir. it seems like an amazing invasion of privacy. maybe even a dollop of intimidation there. >> we think it is a bad idea. we oppose this nominee for that reason. charles: before i let you go, how are you feeling now? a lot of people were very afraid the second amendment was under extreme duress.
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it seems like someone under that pressure has maybe used a little bit. are we comfortable enough to say maybe it is safe? >> the second amendment is never safe. this has become an ideological fight. they looked at the empirical evidence. this is not about the empirical evidence about whether firearms are necessary, whether they are helpful or not. this is about a belief that firearms should be eliminated from our society. they are not going away. charles: david king, they give very much. college football players can unionize. it could change the face of college sports forever. make no mistake about it. this is a gigantic, big story. the judge andrew napolitano is next. ♪ [ indistinct shouting ]
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♪ [ indistinct shouting ] [ male announcer ] time and sales data. spt-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistincthouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorsm from td ameritrade. ♪ iwe don't back down. we only know one direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up.
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find out if your business can qualify at start-upny.com [ male announcer ] when fixed income experts... ♪ ...work with equity experts... ♪ ...who work with regional experts... ♪ ...who work with portfolio management experts, that's when expertise happens. mfs. because there is no expertise without collaboration. ♪ charles: fourth-quarter gdp and initial jobless claims out early this morning. an application draft to a four-month low.
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the number of people fell last week to 311,000. the "wall street journal" reported that turkey telecommunication authority has moved a block from youtube. the prime minister is trying to control negative messages concerning a corruption scandal and that country. we will talk to the right man about it. how do you think that the guys will feel? how do you think sandra will feel? we have a big debate going on. the local
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charles: just what is snap chat hiding? lauren simonetti is with us. >> they did not respond to this invitation. they never showed up. there were 17 million people in 2012 who had their identity stolen. such a sensitive and serious topic. to not show up, it looks really shady. 4.6 million snap chat users have their phone numbers and names
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revealed. there is a flaw in your system. snap and disappear. charles: i bet that they will show up next time. >> so far so good. a different picture than yesterday's candy crush king. this is all about leading the cloud -based provider of hr services. that is a great performer. i also want to take a look at tesla. this is where bush cutting the price target on tesla. it is sitting at 205.
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you do not want to have your price target. charles: it is not good news. i know a lot of people that may want to buy it under 200. thanks a lot. really appreciate it. football players at northwest university can be unionize. all eyes, judge andrew napolitano joins us from d.c. this is a tough one, judge. how do you weigh in on this? >> encompassing college students out private schools that
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received scholarships in the play on athletic teams that make money. you have to hit all of those buttons. this does not pertain to public schools. freshman cannot join the union. there is no law here. a commission of five people appointed by president obama. this will begin the grant marks of making college students professional athletes.
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charles: on a political side, it is a pretty serious hot potato. >> in the case of northwestern, with western generates a $30 million profit each year from football. those with full scholarships, about a 1.8 average. that $61,000 probably would be multiplied by a factor of 10.
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don't we already have professional football in this company? charles: i will bring in sandra. the only thing i would counter with that is the school should not get paid, the code should not get paid. >> it benefits the university as a whole. i was a student athlete. i was an amateur, but i was a student first and foremost.
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charles: i have spoken to some professional athletes. it is hard for me to believe they either went through high school let alone college. >> look, charles, that is a problem with the academics at that particular university. they did put academics before athletics. charles: judge, i want to come back to you. how does this play out from here? >> the votes for vote for the union could take place next week. do you think is paying the fees?
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the first appeal is to the nlrb. that will take a year. the final appeal after that will be to the supreme court. that will take a year. you're talking about three or four years from now. the numbers are staggering. my alma mater, you know what the generated income was? $1 billion. charles: that is a lot of money. the coaches got paid millions. everyone is making money. >> they are supposed to be
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getting an education. to succeed i does hope don't join unions. this is novel. a drones being used to pull a tooth. more on this in a moment. check it out. ♪ ♪ it's a growing trend in business: do more with less with ss energy.hp is help. soon, the world's most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. multiply that across over a thousand locations, and they'll provide the same benefit to the environment
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as over 60,000 trees. that's a trend we can all get behind. sometimes they just drop in. always obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. [ male announcer ] this m has an accomplished research and analytical group at his disposal. ♪ but even more pressive is how he puts it to work for his clients. ♪ morning.
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morning. thanks for meeting so early. oh, it's not a big deal at all. come on in. [ male announcer ] it's how edward jones makes sense of investing. ♪
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charles: whether it is tying a string to a door knob doorknob or having them piped into an apple, there have always been ways that parents try to help their child lose a tooth. check this out. >> let's see. [laughter] >> let's see. [laughter] >> now we have to find the to.
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it would have come out. charles: i used the old doorknob trick. >> it hurts. you have to do it fast. >> do we think that this should be nervous now? [laughter] charles: a big name that you know. brookstone is headed for bankruptcy. we will tell you why. a federal senator's response to harry reid latest insult.
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that is why obamacare is] failing. we will be right back. ♪ ing in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses so our business can be on at&t's network for $175 a month? yup. all 5 of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line, anytime, for $15 a month. low dues, great terms. let's close! new at&t mobile share value plans our best value plans ever for business.
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how much money do you think you'll 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. [ woman ] got me to 70 years old. i'm going have to rethink this thing. it's hard to imagin how much we'll need 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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♪ charles: here we go with our two. the latest obamacare insult. cool stuff, have you ever bought anything at brookstone? we hear a lot about the cloud and all of these hot new companies. buyers, are they big in cloud? we will find out next. could it be the big bubble? the stock is up huge. can a company's new clothing line stick around? buckle up. ♪
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>> there are some people who are not like grandchildren that can handle everything so easily on the internet. it is no fault of the internet. charles: that was senator harry reid blaming you the people about obamacare. senator, i was appalled. your colleague is saying that we the american people are simply too stupid to use the obamacare website. >> harry reid also denied all the stories coming in about people not being able to get their insurance or having to
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hide their insurance to increases. i think it is time for those that are trying to defend obamacare to listen to the people. >> it is really beginning to diminish the stature of the senate. it feels like it diminishes the entire body. frankly, the most legislative body in the world is now solidly gridlocked. we need to get back to the issues and get the business as usual like we have been conducting it.
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it does not let me make any sense. people are just sort of saying that the system does not work anymore. instead of working together to do with the critical issues facing our nation, we are involved in gridlocked. >> i want to get your take now on the senators push. many are up for reelection. they are obviously worried about the midterms. there are flaws with obamacare. we need to fix it.
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>> it is not just a broken website. lots of access to rapidly rising health care. we see more coming. the strategy now seems to be to keep talking positively about it. they seem to be pretty tough on republicans with the idea of scrapping it altogether. should republicans start to put more ideas?
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the reality that republicans have been putting out proposals like changing the compensation system from compensating procedures to compensating outcomes, allowing insurance to be sold across state lines. allowing us to have small business opportunities. creating a greater level of competition and price. those kinds of proposals are on the table. i think more and more americans are trying to realize that. charles: when i saw this, i was a little taken aback. i love shareholder rights.
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it feels like they were given this opportunity by kicking out the free market to become this ultimate free moneymaking machine. you and others want to take this away from shareholders. >> first of all, our legislation does realize that fannie mae and freddie mac are in conservative ship. alternately, transition to a system that has much greater private-sector capital and play. however, the courts of the place where the issues of the investors and shareholders will be decided. our legislation does not say whether the shareholders who own fannie mae and freddie mac right now have been paid or whether the taxpayer that has filled out fannie mae and freddie mac to the tune of 180 billion has been
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paid back or not. the issue will be issued in court. charles: we are running out of time here. 3.5% down. it make it more complicated than it is now. you answered some great questions. we know your busy. thank you. twitter getting ready to roll out a new process this week. we had an ipo to talk to you about. up big time. up 16%. pretty nice debut. the question in the irs scandal today remains. why is it taking so long for the irs to hand them over. take a listen to this.
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>> i ordered all my e-mails to be put on a thumb drive a couple days ago. it took less than an hour. when the commissioner is talking about it taking years, he is talking about the difference between one hour of an it worker's time and the time it takes for them to redact away what they are uncomfortable giving to us. charles: how long would it take to hand over these e-mails? why are they protecting her? >> it would take hours, not years. what is she hiding and to issue protecting? there is something that we are not supposed to know. it is amazing how the new irs commissioner is saying we have all of these people on this investigation. what are they producing?
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>> queue up the organ music. we will hold off on the grim reaper right now. where is the stock? nicole: is that right? almost on death watch. they have actually had some rising costs. they are given a tough outlook. the good news is, they have done well with the xbox one and playstation four. they are also changing the model a little bit where they will have tech stores where you can have used products. we will see how that pans out. keep the music ready.
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charles: do not worry, it is ready. so is the grim reaper. it looks like more of the bulb that we have become very accustomed to. now i want you to take a look at lulu lemon. it is up today. it is still recovering from a series of pr mistakes. here is what the new ceo had to say. >> we are reflecting on our earnings. we are entirely focused on our future. we have a yoga instructor and former lulu lemon ambassador. >> this is the first time i have actually heard from the ceo. i do not know he will win back his customer base without approaching them and talking to them directly.
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charles: they were not great. then they offered guidance. that was not great. the stock was down. he has convinced that this is a real turnaround and this will work. >> i do not see a plan here to be completely honest. it is almost like he is just waiting for us to forget. i have not sure he will win back his customer base. charles: some are saying that is actually what is holding them up right now. >> i see that nike has moved in to take over some of the core customers. i am not sure that adding more
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clothing lines will help at this point. charles: you were sincere. has anything changed since then? they sort of just kick you to the curb. >> they never reached out to me. i never heard from them. i would love to talk to them. charles: are you still buying their product? >> not at all and i recommend that people don't. charles: thanks a lot. we have breaking news for you. a federal judge is now making a motion about topping driving those vehicles. a hearing next week where they will decide one way or another. new york city mayor bill
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deblasio. big government, big problems. stay right there. john stossel is next. >> worst of all, they are in government. the biggest danger since government. ♪ hi, are we still on for tomorrow?
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tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow is full of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment,
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csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow.
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charles: let's take a look at the tronic. i have to tell you something, i followed the stock for 20 years. they have really gotten their act together. technology was up 11%. the diabetes business was up 16%. electronic stimulation, drug delivery, structural stuff, all of this pretty good. still valued pretty good. it has not heard the stock. it is on a roll. how may times have you stopped
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up work stone in the mall? i go all the time. how many times have you actually bought something? they are filing for bankruptcy. this may give you a clue as to why. how about this heated foot massage for 250? >> that is what you have children. >> i have the projector. it is cool. the kids watch movies out back in the summer. charles: all right. >> the crazy part about them going bankrupt, though, ashley webster and i interviewed the ceo around the block friday. neil cavuto interviewed him on black friday.
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charles: the thing is, it looks hip. >> the ceo did say the retail prices only 30-$31. >> there are a lot of ways to interpret the word cheap. one of the bullies he says is new york city mayor bill the blah zeal. it is because of his stance against charter schools. >> they make kids cry. you do not have a choice in your education. charles: john stossel joins us now.
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>> those kids like going to school. >> there has been a lot of pushback. charles: i was on the board of a charter school and the cross bronx. the schools, 20% were african. not african american, african. it is amazing how their parents want them to go. for the mayor to come in and just do this was shocking. >> not to say that all the charters are good, some of them are awesome. the ones that are bad, parents will figure it out. all the kids will get a good education. liberals will ask why we are all
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upset about business. business is all of this power. business cannot use force. they have to compete to get your business. you live here, you go to that school. that is wrong. charles: you cannot operate in this state or that state. i think the gist of what you are saying is using it against the public itself is more despicable. >> drones. certainly the military uses them. the faa says you can use them, but not for commercial use. in remote areas, companies are already delivering by drones. they get cease and desist orders from the faa. you cannot make money using these.
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>> i think the kids father will get a letter from the bully we are talking about. let's go behind the scenes. what motivates the bully themselves? are they looking out for our best interest or they looking out for others? >> sometimes they are doing the bidding. the kind of people who run for student council in high school go onto politics. they tend to be people who want to run other people's lives. 9:00 o'clock tonight. make sure you are there. the kind of shows we love to see. president obama and the healthcare disaster. there is just one little tiny
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problem. the president is even losing the late-night comedian battle. more on that next. >> we are very very dumb. on top of that, we are confused. >> what is obamacare? >> how do i sign up? what is a deductible. ♪ it's a growing trend in business:
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do more with less with ss energy.hp is help. soon, the world's most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. multiply that across over a thousand locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind.
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charles: palmer rory suing an amateur over a facebook account. >> social media is changing the way companies, consumers and lawyers will engage with each other so there is a father and son, the son is 21 years old, they have this page on facebook all about ferrari, the italian race carmaker. lots of viewers, suits from both sides, for are no longer makes the official fan page because they were selling things that were not trademarked by ferrari and inviting people to birthday parties and doing private things with the official and page. so it has so many fans people will be outraged by this and it
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could be backlash against ferrari if they pursue more legal action. charles: a warning to 21-year-olds who love a product make sure they love you back. white house making a push for young people to sign up for obamacare. being free mom and dad and star power. role as this. >> the deadline is march 31st, up now. you never know when you might take a hit. spread the word and get covered today. charles: even carry washington from the popular series scandal tweeting to get you to sign up. charlie kirk is here, this strikes me as a little desperation. >> big desperation. they extended the deadline again and the success of this law is predicated on having a deadline. the individual mandate can work and if you are young person and fall down the stairs and an role in obamacare when you get hurt or sick and the mandate has no
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validity. is a last-ditch effort but if they keep delaying the deadline in the mandate never existed. charles: the last deadline, some time in april. >> keep delaying, the real reason they are delaying this is they're not giving millennial what they need to sign up. if they were they would release the data and brag about it. charles: that is the point, why? do they instinctively know this doesn't work or have they done their homework figuring this is not going to work? >> the real reason they are not signing up is when they design a law they thought they could move millennials like droves like they did to the voting polls but when young people visit the web site and see the premiums they are making informed consumer decisions. each individual making it on their own and young person is different from another. they have different backgrounds and i say why should i have to pay for this if i can't afford it?
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it is an informed consumer decision? sandra: it is an insult to the generations that you throw a basketball player in an ad and this is -- come on. that is hurting him and consumers talk about pulling. it is coming to fruition. >> there is a fundamental difference in getting a generation to vote for you on one action and to sign up and pay for something they really can't afford. two different things. when they designed it they said we got millions to show up on election day can't we get millions to go to a website? charles: they voted for you because a lot of it them thought this would be free. >> the word free is not what it used to mean. these things that are supposed to be free young people have to pay for them. charles: thank you very much. time for me to make you a little money. look at hd supply spun off from home depot not long ago. they reported earlier in the week and the numbers are
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fantastic. plumbing business, mike roll loves this and so does sandra. do we need more plumbers? he did was of great, pipe and water sewer business upgrade, concrete through the roof. these went extraordinarily well for the overall economy. this company under a lot of people's radar even though it is $8.5 billion sales this is a stock you can see from the start breaking out, when you may want your portfolio particularly to counterbalance the more volatile tech names. a cloud industry is getting very crowded. the big boys are in a game now, microsoft, cisco, marc watts is this could be the next bubble. we will talk to the ceo right after this.
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new at&t mobile share value plans our best value plans ever for business. charles: two polls on president obama's performance, the first one up, 59% disapprove of president obama. what do you make of this.
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tracy: the recession is taking a while to recover from. people had a lower sense of security than we ever did since 9/11 so you don't feel safe, don't have a job. you are insulting young people, kicking himself six wasted tuesday. charles: the charm offensive has faded away. there's another poll you alluded to, president obama's foreign policy, a 52% of voters say it is less powerful than six years ago. is that reflection on russia or is it more involved? sandra: it is the ukraine crisis. what is interesting is fox news did these polls on the percentage that they're not doing a good job. 60% of democratic voters think he is not doing a good job. everyone is taking a step back and saying what is going on? we are supposed to be the greatest power house in the world and people don't have jobs or feel safe and we can't handle ourselves in the real world.
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charles: you draw the red line they don't matter, we intervene some places but not other places, the hypocrisy and we have emboldened our would be enemies. i don't know that north korea fired some testicles recently. no one is intimidated by america anymore. the president ran on that almost ended is backfiring. tracy: china's numbers have not been coming out great but i think they still think they will kick our butts sunday. charles: vladimir putin's poll numbers are through the roof. we always say tech is king and the biggest players in the clouds base are on their way into this joining me from san antonio. talk to you about clout and, the olds geo t.com. what is the cloud? >> that term the cloud comes from the diagram on the white board when we
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wanted to describe the internet and the internet is a big network and what is going on now is a lot more processing is happening on the internet, out in the cloud than in the past. we still a lot of computing in our home computers and a lot of data is moving to the clout and being served by software service providers or infrastructure service providers. charles: everyone has gone public with the cloud play. what -- market watch is asking this morning if the cloud or cloud computing could be the next tech bubble. what would you say about that? >> there is the term they call cloud watching where people apply the term to everything but at the core is not a bobble because the trend is to move
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more of your data out into the network because of mobile, social, the size and scope of the data we are dealing with. companies can't keep up if they try to do it all themselves some more and more are reaching out to other service providers to help take care of the infrastructure, the data, management of their applications and that is a trend that is not going the other direction. i don't think it is a bubble. there is time we have to play this out to see where things are going. charles: but no argument this is a crowded space. you guys have the hottest stock in the world out there for a while and it has been tough and maybe people point to competition, we got your chart on the screen and one thing i always notice with you guys and i follow your stock closely you took a lot of pride each quarter announcing not only that you have more servers but also add more employees. with so much competition you have to tweak your business model. how do you compete in this
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environment? >> there are a number of dimensions of competition, people competing on price, competing on scale. our area of expertise is service, support, expertise and we are trying to to compete on being a specialist, cloud is one of those cases where you have a lot of companies coming and its own perspective. he -- accept customers to take advantage of this technology to make it easy to consume the clout and use the clout to their invented. that is our angle of attack on cloud computing. charles: appreciate you coming on. hope you don't mind but we will ask you to come back more often. thanks a lot. for me the market this weekend on friday i think this is a classic shakeout and i am getting ready to pounce. i am salivating at all the weakness. the real halftime report is next. [ male announcer ] this is jowoods' first day of work.
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how much money do you think you'll 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. [ woman ] got me to 70 years old. i'm going have to rethink this thing. it's hard to imagin how much we'll need 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. ♪ charles: with quarter gdp and jobless claims out this morning, the u.s. economy expanded at a rate of 2.6% in the fourth quarter following just short of estimates. the number of people filing for
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new claims for unemployment benefits fell to 311,000 down from 320,000. connecticut lawmakers passed a bill raising the state's hourly minimum wage to $10.10 making it the highest for any state in the country. some news on general motors, the wall street journal reporting a federal judge will hear an emergency motion directing gm to tell its customers to stop driving those recalled vehicles. general motors says the recall, the hearing next week will provide one way or another. shares up 1%. up next the real halftime report. is this a buying opportunity or is on the market on the cusp of a major crash? find out next.
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charles: time for your real have time report. joining the company from chicago scott kennedy, nicole petallides at stock exchange, if michael robinson in san francisco and tracy byrnes right here. the market, i see it as a shakeout, i think it is a buying opportunity in the making. where do you fill? >> i agree with you and i will sum it up like this. we have weakening p.m. is in china, copper pressured and a little bit, germany in the wake of the russell/crimea's situation, if you have money to spend where are you going to
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invest it? our numbers while not fantastic castle coming in kind of strong and with that if you get an opportunity here, 2%, 34%, they don't last long. charles: buying a dip is a big time, same question to you. >> absolutely i would be buying on the dip. there's a lot of health and the tech economy right now. semiconductor sales are on fire. a lot of signs of health out there. i would be buying, do it on a strategic bases, put in some mobile limit orders, a lot of stocks i would love to own and i'm looking at this is a great opportunity. charles: they are extraordinarily volatile. you got to hang on, strapped in. two hot stocks we're watching. let's start with a day ii of the candy crush audio. down again. nicole: not so hot. it is down 13%. today and new low sitting at
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1860 and the concern is the last two quarters they saw revenue and profits would. your over you did great 2012-2013. $22.50 idea and a low today was $18.25 uncanny crush getting a little -- stuart: for getting crushed big time. over to you on game stop talking about getting crushed. we're on the verge of putting this on deathwatch. what are your thoughts? >> not sure i would put it on deathwatch. i'm concerned for games of going against walmart with a new trading. i personally would not put it on death watch. i would keep an eye on it. there are better plays in this space. charles: you make me stop every time. doesn't do it anymore. tracy: never go. only real reason to go to games dot is potentially to look at the new hardware which makes the stock completely reliant on the likes of x box 1 and play station 4.
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we hope people go out and buy new games but don't know if you can run a business like that forever. charles: it is on the way down. lulu lemon, that stock is up. wall street banking to the hype but i don't know. tracy: i don't own lulu lemon. i can't imagine $100 for a pair of pants i will sweating and i don't do yoga any way. a lot of people realize they can get very similar stuff cheaper, other places, nordstrom does a similar line. charles: i have to ask you about this market watch editorial asking or suggesting the cloud is the next. to you first is this the next bubble? >> i don't think so. i had meetings in 2001-2002 when it was a nebulous idea, people couldn't get their head around it and it is a force to be reckoned with and mark my words i will say on your show that the next thing is big data mining.
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keep an eye on that as well. stuart: for charles: i love artificial intelligence. does remind me of the dot.com era. not just say i am in cloud and you get a little relief. will that hurt the sector? >> i don't believe so. i have been following the clouds and 1995 in oakland in the dallas communications area. we are talking in $240 billion market at the end of this decade versus $40 billion three years ago. the reason everyone is moving into the cloud is that is the future. you cut your costs on data center. or earlier guests talk about something important, bring your own devices. people bringing their own mobile things. you can't run that data center. it will make you crazy trying to optimize your data center for all the things coming the. the cloud is the future of computing in the united states and globally. charles: you started in 2001 and
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he saw in 1995. you might one of them before this is over. let's go to round 2 of our tax corny, twitter head to head with apple, twitter is much smaller, only a fraction of the market cap and employees, apple is the second-biggest u.s. company behind google. let's look at the chart, twitter taking a huge hit this year although turning it around right now you can vote for woodstock. you would rather turn long-term well the audience, let's go back to michael robinson. you are mr. apple. you knew about appleby for a lot of people. what are you going to do right now? >> i love apple. apple versus twitter, at twitter is a great company but apple is in the hall of fame for high-tech products, talking about from the mack to today, the company keeps reinventing the envelope, the iphone kicks off the smart phone revolution, the ipad kicks off the tablet revolution, itunes for digital music distribution, these guys
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are great. the mack pro sets the standard. charles: the operative word, reinvention. maybe they can't do it again. they have done it but a lot of people don't think of what happens. what do you say? twitter or apple? >> i will say this. i understand reinvention question but how is with a going to innovate itself compared to how apple can or already has. it is about innovation and i trust apple for the innovation going forward, not twitter. charles: thank you both. appreciate it. time for the halftime report. we will reveal the final four tomorrow so stay tuned. neither snow nor rain nor heat nor gloom of night, maybe not. check this out. a postal worker too lazy to get out of his car just shucks his package. you have seen this report but every time we do this is not. we will discuss it next. ♪
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[ chainsaw whirring ] humans -- sometimes life trips us up. sometimes we trip ourselves up. and although the mistakes may seem to just keep coming at you, so do the solutions.
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like multi-policy discounts from liberty mutual insurance. save up to 10% just for combining your auto and home insurance. call liberty mutual insurance at... [ thump ] to speak with an insurance expert and ask about all the personalized savings available for when you get married, move into a new house, or add a car to your policy. personalized coverage and savings. all the things humans need to make our world a little less imperfect. call... and ask about all the ways you could save. liberty mutual insurance. responsibility. what's your policy? charles: to infinity and beyond, nasa asking your help to pick a design for the next space suits that will possibly be used if we ever had any future emissions.
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>> i actually just voted for the one and only 13%. if you're looking at images, three prototypes for suits which by the way uses 3d printing in the design of the suits. in the human race can vent printed hardware. the three prototypes, the technology one is the one so far. trends in society means for every day close in the future. you have until april 15th to vote. the suit will be out in november and a testing training sued by the way. the real suit. it is ridiculous. we want you to check this out. postal worker too lazy to get out of his costs rose a package at the car and drives off and doesn't help their new campaign, maybe you have seen it, amazing
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you s p s. you might imagine social media is exploding among this. this ever happen? tracy: if you google lazy post office workers you can't imagine how many videos there are. they drove across the front lawn and through and on the steps. this is happening all over town. i have this military-style mailbox you couldn't take down a few tried. we are paying them lots of money to do nothing and ruin the fun one. charles: does not help the image. when they need money in the bailout, your take is next. one: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities 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
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>> i see. >> get up. >> going note! . >> like taking off band-aids.
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put it on a drone. charles: someone is calling child services on that kid's parent right now as we speak. allowing football players and college football players to unionize, they will demand breaks all the time and label becomes law because coaches won't be able to get rid of lesser players. robert says this about harry reid's claim that obamacare isn't working because of internet users that are uneducated the cheri has no idea what citizens are capable of since he knows nothing more of their lives and could care less. we all live under rocks. marissa says this about brookstone. i don't shot their out of deference to the now-defunct sharper image. they had some cool stuff. i want to ask about harry reid but i will concur, sharper image had better things. i thought maybe one or two things. harry reid has never been to a small. i agree with the viewer.
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this guy is out of touch. what do you think? tracy: he is insulting himself. he is an old guy. people like me don't know how to use the internet. charles: we will leave it on that note. cheryl: using the internet, saying the internet. adam: microsoft making nice with apple. speaking in a few moments, his first public remarks on what could be the most important product in years for the tech giant. cheryl: game stop's president joins us exclusively after a disappointing quarterly report and the daunting competition from wal-mart on crucial used video game sales. adam: game charger for college athletes, national liberation the board determines college athletes are employees. i am adam shapiro. cheryl: i am cheryl casone. northwestern football players have potential to change

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