we will say it again this market wants to go up. good morning. who cares if the market is rigged to or what the european central bank is doing or what the pundits say, the dow has never been higher than where it is now. we love starting the shows this way. no connell: for obamacare. another broker promised no, your health care costs are going down. health coverage is more expensive than going up some more. we will 3d print some food and i will eat it. "varney and company" is about to begin. we begin as always with your

money. all this talk of bubbles and corrections. look at the big board. the dow hit an all-time intraday high earlier. it was above 16,600, snapped a little down 12. the s&p 500, that hit a new high, $18.93 earlier, slipped a little, $18.89 right now. but you have got to say stocks are doing well. there is a lot of naysayers out there pouring cold water on this rally. some are warming of a crash like 1987. look at this chart working its way around internet getting a lot of views and usa today, it is in there this morning comparing the current rally with 1987 right before the crash. charles payne and sandra smith are here, our voices of reason. what do you say? sandra: be careful about making any decisions based solely on looking at this chart.

i say that because what is happening in the markets now is different from what was happening in 1987 in the years that led up to the crash. we have an unprecedented level of involvement from the federal reserve, arguably prop it up stock prices where they are today. since the 1987 crash we had 9/11, a financial crisis, we are in a very different situation now than where we were then. maria: you discount this. stuart: it is not predictor of a crash in the near future. charles: i don't think it is a predictor. sandra makes great points with respect to a lot of things being different. what was interesting was corporate profits were so little of the overall economy gdp than as they are right now some people think it is a contrarian indicator but a lot of things, you can pull out the charts, what about the '87 crash? i would point out to people crashes come and go. if i am lucky i will live through six more crashes.

one 6 crash happens two three years later i will be sitting in a big house with my kids and grandkids overlooking a lake celebrating the market at another new all-time high. that is what happens. stuart: a little perspective on your age. go to nicole petallides, pandora's stock way up and you will tell me why. nicole: i hope dream come true. right now up 1%. we are looking at pandora for couple reason. listening hours rose 14% in the month of march. the active listeners up 8%. the growth for these numbers slowed some but still show up arrows. the total u.s. radio listening share, the market share of the radio biz is up to 9.1% so pandora is up 1% in stock. stuart: sandra is happy. >> i am not arguing the stock

but the services we use it in our household. stuart: when you pay $3.99 a you don't hear the ads. you are all hard. just when we thought we had set all they needed to say about high frequency trading and rigging the market listen to this. charles schwab came out and slammed high-frequency trading just an hour ago. here is the quote. high-frequency trading is corrupting our capital market system. high-frequency traders are gaining the system reaping billions undermining investor confidence in the fairness of our markets. >> it is unfortunate companies like charles schwab that have skin in the game i talking their own book. stuart: when you reference the small investor, not a high frequency guys. >> he is using inflammatory comments saying we are in it to protect a retail investors, basically using a very popular because of michael lewis's book that the markets are rigged what

i believe michael lewis himself on fox business this morning showed regret for making those commentss. we have not once heard him repeat the words he used on 60 minutes. he has not repeated that he believes the market is rigged. he is sticking to certain areas of the market he believes are illegal and reads but i have not heard him make a blanket statement again like that and he wouldn't do with this morning. charles: i have the statement here and underlined some things that are interesting. when he says undermined investor confidence in makes his point and the fact people have been talking about it every day this week doesn't help. she talked-about the new york state attorney general shining light on and seeming practicees, something is not right. these guys have an advantage. technology played a pablo story in the last several years, lawrence macdonald had a great fleet, in 1999, shares of cisco,

you would pay the spreads of the $0.05. some pros and cons, people need to understand the technology overwhelmingly has democratized, is this -- in employment terms they are different. stuart: all right. tomorrow we will get the march jobs number. you can bet president obama would love a pr blitz, a job turnaround if he gets it. we will call this snapshot of the economy and the jobs picture. number one, there are fewer people working now than back in 2007. that is extraordinary. second, middle class buying power down 6% since 2008. i heard this one too. 50% of the new jobs are low-wage jobs that pay less than $14 an

hour. monica crowley is with us. you are on board with all of this. the pr blitz and a celebration. >> they tried to do over countless months that we were on the set on friday when job numbers come in. and issuing on the jobs report for years. we are delighted with the job growth we are seeing, the united states of america, the traditional engine has been pathetic over the last couple years and those statistics you just read tell much of the story. stuart: let me give you one more. the pugh organization did a study and asked people are you middle-class? 44% say they are middle-class. it was 53% in 2008. the number of people who say i am lower class, can you imagine using those words in the united states, i am lower class?

that has gone up. >> this is the new normal under this president, one more statistic to that which is median income in the united states is down $4,000 as of the last decade to. the great recession put that in an accelerated pace that you have historically low job labour participation rate, low numbers of people in the work force. this is not what america was built on but if you look at the left and the grand strategy of the left to grow government as fast as possible and lock as many people into government dependency as possible plays into their hands. the more people who are unemployed the more it benefits the left and the ever growing cycle of growing government and government funding. stuart: thanks, back to the market for us second, some news from a big name that you know, google. using an unusual method to split stock. is a 2 for 1 stock split. you are looking at the age shares, voting shares that straighten the the new ticker

google. is that the new ticker? got it. this split has created nonvoting seat shares what they trade and did the old ticker. why did google do this? the short hand are from me, the founder's way of maintaining control of their company. this is what they are doing. short answer is they want to keep control and get the stock price down some more individual investors can buy the thing. charles: that was a smokescreen for this other more important thing. we didn't have the be shares of there. the b shares, the air shares are voting, the ones we have on the screen you get one share one vote, the b-shares you have one share 10 votes. that is where the control is. >> decreases voting for all the shares across the board which is interesting at a time when carl icahn and activist investing is out there that google is protecting themselves. charles: there is a battle going on because after this was

announced in january shareholders went crazy. why would i invested i don't have the same rights as you guys? the insiders with the beach chairs, if they ever sell their nonvoting stock you have to convert any amount -- sandra: what is fascinating about this is there are 501 stocks in the s&p 500. this never happened before other than temporary reasons of very interesting. 500 companies. charles: do investors, anyone who wants to buy google stock due they believe they want to keep larry page in control? charles: ford has a similar set up. it doesn't always fall next to the tree. sometimes the next person in line may not be that great. almost -- a lot of people find this problematic.

they are young guys, they get diverted, it can happen but it is that to the investor but when you buy this stock you don't have many a large voice. stuart: dow industrial average is pretty flat, we move above 16,600 earlier this morning and we're down 9 points, all holding pattern as of 11:11 eastern time. president obama delivered a speech about raising the minimum wage at the university of michigan and went on to mock the gop's attempt to repeal obamacare and republicans and their stand on the republicans' latest budget plan. listen to this. >> they do have one or original idea. which is to repeal obamacare. because they haven't tried that 50 times. if this all sounds familiar it should be familiar because it was the economic plan in the 2012 campaign. and with their economic plan in

2010. it is like the movie groundhog day. accepted is not funny. they tried to sell this sandwich, the stink burger or the meanwich. stuart: the president of the united states doing another campaign speech mocking his political opponents. come on. sandra: when you heard his phrase stink burger that goes along with the great presidential rhetoric of u.s. history like jfk and fdr and the founding fathers. this man has campaigned from the beginning and rarely governed. it is all especially when he is trying to promote his agenda of radical wealth redistribution and class warfare which is what you heard the other day. he cannot imagine he always says i would love to have republicans at the table to work with and negotiate with and they won't come to the table. number one that is a lie that

secondly what's to republicans have to come to the table when they are constantly being attacked by the president. the president of the united states is supposed to be the president of all of the people. he is the leader of the party but once you get to the office you are supposed to govern for everybody and work with the other side and this man so rarely has. stuart: he has been very good for the stock market. the financial show, the market is down 8 points. twitter is becoming a tool for democracy. the u.s. government set up a twitter, a fake twitter in cuba to try to undermine the communist government there. is that legal? you know who is next. judge andrew napolitano. ♪

♪ [ male announcer ] you're watching one of the biggest financial services cpanies in the country at work. hey. thanks for coming over. hey. [ male annouer ] how did it come to be? yours? ah. not anymore. it's a very short story. come on in. [ male announcer ] by meeting you more than halfway. it's how edward jones makesense of investing. [ so ally bank has ay meeting that wothat's correct.a rate. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons.

look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally.

and his new boss told him two ings -- cook what you love, and save your money. joe doesn't know it yet, t he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game om the great northwest. he'll stt investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, ich isn't rocket science. it's just common sense. from td ameritrade. stuart: it is the dead flat market. we were above 166 earlier and we are down a bit now. the gold report 1288, not much change and plug power, that

stock is on a roller coaster and a bit today, they bought somebody for $4 million and up $0.03. this is a charles pick. what happened? it is early. liberty, here's something interesting, liberty media will reduce its stake in bond -- in barnes and noble. it is a lack of confidence in the book business down 12%. that is ahead. we have a report this morning the u.s. created what is being called a cuban twitter trying to undermine the cuban government and stir up a little unrest. the ap says the fake social network was built with secret shell companies financed through foreign banks, last two years and ended up with 40,000 subscribers. judge andrew napolitano is here. do you have a problem with that? judge napolitano: tiny to know more about it so let me give you the background. it is peculiar we learned about this through a freedom and for nation act request file from the

associated press and responded to by the government because this was done by intelligence agencies, the shell companies were cia shell companies, that is classified. that is exempt from the freedom of information act and if it was done by the cia because it was an expenditure of federal funds on an intelligence operation in another country intended to affect public policy it requires a presidential directive in writing and requires approval of two congressional committees, house select committee on intelligence and senate intelligence committee, none of that stuff is subject to the freedom of information act so i am scratching my head. who could be opposed to this? this doesn't destabilize cuba. it enables students to communicate freely, openly and away the cuban government wouldn't let them communicate those who could be against it? i can't get my hands on this. i don't know if this is clandestine or not because of these anomalies.

if it is clandestine it is classified. if it is not clandestine who authorized it. stuart: it is a good idea? introduce a social network, you introduce it so the cubans can communicate among themselves without the secret service? judge napolitano: i think you know because we talked about it i am a contrarian on cuba. i think the embargo has been counterproductive. i think you liberate people by trading with them. one reason the soviet union fell apart was ronald reagan made an spend money on military weapons they did need is one of the other reasons was we started selling them. genes and washing machines and stereos, things they had never seen before and they got interested in capitalism. same thing could happen with cuba. stuart: it is a good idea to introduce a social network. judge napolitano: i can't figure out how this one happened. stuart: another story for you. it is alleged the epa has been

testing the impact of highly toxic pollutants like diesel fuel exhaust on human subjects without disclosing the risk of cancer from being exposed to these pollutants. here is the kicker. this was all to build a case for stricter environmental regulations. what do you make of that? judge napolitano: profoundly unlawful, violates the state law of whatever state it took place and violates federal regulations. when someone participate in an experiment, when you go to a doctor to have a splinter pulled out or cardiac surgery the doctor has to give you in writing all of the known and probable consequences of that procedure. you participate in any kind of experiment involving your body, the introduction of foreign elements in your body, the preparedness of the experiment has the same of legation whether it is the federal government or private entity. if they didn't do it and someone

was injured they are exposed to tripled damages. if somebody lost their jobs or income or a long or whatever the damages are multiplied by three and that is what they will get stuck paying. stuart: word they informed of the risk? judge napolitano: according to this article and all we have is this article. it was written by one of our own people, justin burger wrote this. i don't know what his forces were but i believe him. the epa did not inform those people. what we don't know is the extent to the injuries suffered by the people who inhale this stuff. that is the legal side of political side is reprehensible. they did this to human beings to justify their power grab, that is stalling a stick in its approach. stuart: is it triple or trouble? charles: i will go with rebel.

i have seen you go head to 5 in latin and other things. but overall i give them the edge. stuart: get out of here and take your trouble with her. charles: i thought was the furry animals on star trek. stuart: net was 50 years ago. thanks, see you tomorrow. politicians using your tax dollars to buy first-class airline tickets. i say that is not that big a deal but according to your responses on facebook and twitter i am flat out wrong. your reaction next. but first this from bill clinton on whether aliens exist. >> our fancy telescopes' just in the last two years more than 20 planets have been identified outside our solar system that seem to be far enough away from their sons and dense enough that they might be able to support

some form of life. if we were visited by would not be surprised. when folks in the lower 48 think about what they get from alaska,

they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. thousands of people here in alaska are working to safely produce more energy. but that's just the start. to produce more from existing wells, we need advanced technology. that means hi-tech jobs in california and colorado. the oil moves through one of the world's largest pipelines. maintaining it means manufacturing jobs in the midwest. then we transport it with 4 state-of-the-art, double-hull tankers. some of the safest, most advanced ships in the world: built in san diego with a $1 billion investment. across the united states, bp supports more than a quarter million jobs. and no energy company invests more in the u.s. than bp. when we set up operation in one part of the country,

people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america.

your chance to watch full seasons of tv's hottest shows for free with xfinity on demand. there's romance, face slaps, whatever that is, pirates, helicopters, pirate-copters... argh! hmm. it's so huge, it's being broadcast on mars. heroes...bad guys... asteroids. available only on mars. there's watching. then there's watchathoning. ♪ stuart: why do you think i should be outraged when a congressman or woman flies first

class? i am not outraged. >> everybody should be outraged. the reason being if our military is prohibited by policy from sitting in first class so should members of congress. stuart: i am clearly in the minority as your comments on facebook and twitter suggest. i am sick of these politicians fleecing the american people with the sense of entitlement they have. the fact that stuart varney isn't outraged shows that he is also out of touch. jeff and our elected officials are appointed at our discretion. of the people by the people for the people. therefore they should live and travel in the fashion of we the common folk. david sites one reason he thinks representatives should fly first class. he says i would prefer that they be able to work on classified and other sensitive official matters on their laptops in first class where there is better privacy. for everybody else even my own production team disagrees with me on this one. we all love your comments, no matter what your point of view

keep coming. earlier today i appeared on don imus and let him go at me as usual. we were talking about whether i am cheap or not. i am probably cheaper than you. i did not give a christmas bonus to my fine team at fox business. don: mine got a thousand dollars out of my pocket. stuart: i may not have given our staff on $1,000 bonus but i did give them, i was there, a large christmas dinner. am i cheat? charles: i looked at merriam-webster and it says i always buy the cheapest brand of cereal, he wears a cheap watch, the gas station is cheaper than one by the highway. by those definitions yes, you are cheap. stuart: that is your answer.

charles: your sweet and nice in your own way. stuart: i am not cheap, i am thrifty. charles: you got to really -- the people in your inner circle, you got to help them out a little bit, spread it around a little bit more. before the government makes you. stuart: higher sales at walgreen's. is not that much, $0.50 on a $66 stock. not much reaction. look at this. check out. the 3d printer is here in studio and this thing is printing food as we speak. how does it taste? i have been grasshopper granola bars before and there i am, eating grasshoppers granola bars. we did it. coming up we will beat what this 3d printer is printing out. we will eat on camera next. my name is jenny, and i quit smoking with chantix.

before chantix, i tried to quit probably about five times. it was different than the other times i tried to quit. [ male announcer ] along with support, chantix varenicline is proven to help peoe quit smoking. it's a non-nicotine pill. chantix reduced my urge to smoke. that helped me quit smoking. [ male announcer ] some people had changes in behavior, thinking, or mood, hostility, agition, depressed mood, and suicidathoughts or actis while taking or after stopping chantix. if you notice any of these, stop chantix, and call your doctor right away. tell your doctor about any history of mental-health problems, which could get worse while taking chantix. n't take chant if you've had

a serious allergic or skin reaction to it. if you develop these, stop chantix and see your doctor right away, as some can be life-threatening. tell your doctor if you have a history of heart or blood-vessel problems or if you develop new or worse symptoms. get medical help rightway if you have symptoms of a heart attack or stroke. use caution when driving or operating machinery. common side effects include nausea, trouble sleeping, and unusual dreams. my quit date was my son's birthday, and that was my gift for him and me. [ male announcer ] ask your door if chantix is right for you. ttdd# 1-800-345-2550 can take you in many directions. searching for trade ideas that spark youruriosity tdd# 1-800-345-2550 you read this. watch that. tdd# 1-800-345-2550 yolook for what's next. tdd# 1-800-345-2550 atchwab, we can help turn inspiration into action tdd# 1-800-345-2550 boost your trading iq with t help of d# 1-800-345-2550 our live online workshops tdd# 1-800-345-2550 like identifying market trends. tdd# 1-800-345-2550 now, earn 300 commission-free online trades. call 1-888-628-7118 or go to schwab.com/trading to learn how. tdd#-800-345-2550 sharpen your instincts with market insight from schwab tdd# 1-800-345-2550 experts like liz ann sonders and randy frederick.

tdd# 1-800-345-2550 get support and ta through your ideas with our tdd#-800-345-2550 trading spialists. tdd# 1-8-345-2550 all with no trade minimum. and only $8.95 a trade. tdd# 1-800-345-2550 open an account anrn 300 commission-free online trades. call 1-888-628-7118 to learn more. so you can take charge of your tradg.

stuart: you are looking at a 3d food printer in the studio, it has been printing away while we have been doing the show. in just a moment or two we will

sample the product. okay? wait for it. not so fast with obamacare pep rally either. a new study shows obamacare will cost large employees up to $20 million more per year each. 100 companies with 10,000 employees or more were the ones who were surveyed. the added costs, 20 million, that is not that much for a company that size. but another disincentive to hire, it is raising the cost structure. charles: these are big numbers. obamacare can cost large employers $186 billion. this is the one from the washington free be can. from the american health institute, those are gigantic numbers. if you find a way to pass them on somehow to employees, customers, research and development.

it is just not going to happen without a significant cost. ultimately it has to be somebody who can't afford it that will pay the brunt of it. stuart: that squeezes the middle class even more because they are the ones who pay this thing. hold on for a second, charles, because you say you're going to make us some money revisiting logitech. charles: used to go to staples and see it gathering dust. in the last quarter now they make tablet keyboards. all this stuff is done extraordinarily well. the margins are expanding, the cost have come down dramatically. this is one of these companies that has found a way to make itself relevant again. they get too much business from the retail channel. i think they have turned the corner. stuart: a brave prediction. stuart: i might as well make one

brave prediction first. stuart: it is time to try 3d printed food. i have a plate of crackers or chips in front of me. let's welcome the lady who printed this food for me, she is the cofounder, the chief marketing officer of national machines. they have this particular model which is called the foodie knee. before i taste the product, have to ask you a couple of things. that printer, how much did that go for? >> 1300 u.s. dollars. stuart: i can put that thing in my own house, pay $1000 print out all different kinds of food? >> it is like a mini factory in your house. stuart: where'd the ingredients go? >> you put your own ingredients.

there is room for five capsules. it depends on what you are printing. it will automatically change out from the dow to the filling and print individual ravioli. the idea is to get people cooking with fresh food again. stop buying the prepackaged stuff that is not so healthy. it is on sale right now. we have sold -- right now we're looking for $100,000 on kick starter, over 55,000 orders right now just on kick starter. it is one channel. stuart: you have orders for 55,000 of those machines? oh, $55,000.

charles, you are looking hungry. you have the look on your face. we have here the chips, or cookies? this is the thin cracker version. here i have spicy, and there i have plane. the cheesy version. take your pick. stuart: put the camera on me, ladies and gentlemen. they are crunchy. they are good. >> five ingredients. stuart: they are spicy. >> i like a little bit of a kick, sorry. stuart: now the cheesy one. not bad. i think you will do well with that this christmas.

there are enough people in america with $1000 to spend for novelty item and maybe in the kitchen for the kids, i think you're onto a winner. >> i will disagree on a novelty item. it is a novelty now, but in the future 3d printing will catch up. i think as the microwave became an appliance everybody has, eventually 33d printed food appliances will go that way as charles: get it and forget it? >> this is something we're doing a lot of social media, hits from people interested. they hear 3d printed food, it is a whole new concept people are trying to wrap their head around. stuart: this is your marketing operation, isn't it?

charles: the price point is just right to get everybody on his staff a machine. [laughter] stuart: dream on. thank you for joining us. we appreciate it, thank you very much. very close to record highs, people are making money so what are they doing with all the extra cash? lot of them are buying vacation homes. full details in just a moment. (dad) well, we've been thinking about it and we're just not sure. (agent) i understand. (dad) we've never sold a house before. (agent) i'll walk you guys through every step. (dad) so if we sell, do you think we can swing it?

(agent) i have the numbers right here and based on the comps that i've found, the timing is perfect. ...there's a lot of buyers for a house like yours. (dad) that's good to know. (mom) i'm so excited.

♪ stuart>> let's check plug power. shares have been on a roller coaster this year. their up todathey are up today. liberty media said they plan to reduce a stake in barnes & noble holding on only 10% of the $204 million investment. investors are not so happy about that. barnes & noble shares down 14%. microsoft launching the version for smart phones.

a digital personal assistant that respond to voice commands. this base a popular character from microsoft halo video games. the internet radio company pandora repor reported missing s surged 14% last month. shares removing higher by 5% earlier but as you can see right now, slipping. [ female announcer ] who are we? we are thinkers. the job jugglers. the up all-nhts. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can s, "i did it!" ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours.

stuart: tesla is going to appeal

the ruling they can't sell cars in new jersey unless they sell them through a dealership. what about the stock? nicole: the stock has been an unbelievable performer. today down 1.5%. several states including new jersey have been pushing to not allow tesla to sell directly to the consumers pushed back in the state back a couple more weeks. this is not what tesla wants. stuart: all right. a sign wealthier people are doing well and spending the money. sales of vacation homes really surged last year up nearly 30%, up by a third of the year before. lauren simonetti, wealthier people are doing kind of well. go. lorne: you know what else is doing well? the stock market. they spent it on vacation and second homes. looking at the levels from last

year, that is still down quite a bit from the height of the market, but a great sign for the economy and the part of the economy making enough money to buy a vacation home. still, lots of people struggling to get a mortgage but a certain class doing very well. the biggest on record on an annual basis. stuart: thank you very much. i will take you out to long island, new york. cheryl casone is. she is in the hamptons. you cannot call the hamptons long island. the hamptons are the hamptons. cheryl has a luxury home you can rent for the summer. i'm going to ask for the specs on this house. how many square feet? >> it is on 2.3 acres, 11,760 square feet. let me show you some of the interior and amenities coming

with the seven bedroom, 10.5 bath house. you have an elevator inside, three levels, 2.3 acres built in 2012, this house is brand-new. you have a theater in the basement, a full-service spa. you have a gym, the pool and the tennis court. this is the fifth most expensive zip code in the united states of anybody's going to rent here in the hamptons, they will be neighbors with jimmy fallon, billy joel, the clintons. you need to entertain. i wanted to bring you into the kitchen to show you the fabulous kitchen. stuart: i want to know how much. $12.9 million? >> $12.9 million, but you could rent it for $550,000 for the summer. from memorial to labor day. they have had some offers. you have accepted as of yet.

it'll either be a rental or it will sell for 12.9 million. no takers yet, believe it or not. stuart: isn't there a home you picked out in the carolinas? go ahead. >> yes, that is what is so interesting. 550 grand to rent for the summer. you can go down to south carolina and get a beachfront home for the same amount of money were 500, $550,000 on more acreage and what you are seeing in the hamptons. if you really want to invest your money, renting throws away your money. you could buy a property in another part of the country like south carolina and you might have more upside and it will be lower taxes in a place like south carolina.

stuart: i am sure you will spend the rest of the day in the luxury home, consider it as a rental property, so you have a great rest of your thursday, enjoy yourself, it is a pity the sun is not shining. we will see you later. the story that got wall street talking this week, high-frequency trading that the market might be rigged. john stossel says it is smart gambling. we already know how charles feels about this. charles: inside information is make a soft design a brand-new chip they will announce it tomorrow morning. stuart varney saying i want to buy 1000 shares of microsoft is just an individual trade, it is two different things. many of my patients still clean their dentures with toothpaste. but they have to use special care in keeping the denture clean. dentures are very different to real teeth.

they're about 10 times softer and may have surface pores where bacteria can multiply. polident is designed to clean dentures daily. its unique micro-clean formula kills 99.99% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why i recommend using polident. [ male announcer ] polident. cleaner, fresher, brighter every day.

[ male annncer ] with nearly 7 million investors... oh hey, neill, how are you? [ male announcer ...you'd expect us to have a highly skilled call center. kevin, neill holley's on line one. ok, great. [ male announcer ] and we do. it's how edward jones makes sense of investing.

>> stocks, poker online. it is immediate action. poker at home. gambling is popular, and i say that's fine, but some say gambling isn't a game.

stuart: john stossel, the man himself is here. his show this week is all about gambling. he says the stock market is smart gambling. what is smart gambling? >> comparative casinos which are awful, the house takes a cut on everything. 1% on the best game, 20% on the stupid slot machines. the market even if you are an idiot, throw darts and pick things randomly, it goes up. stuart: you exercise judgment come a judgment if it is a good company with a good product or not. you bet your money in a casino, you are just playing the odds, it is a random chance, total difference. >> in many ways that is what the stock market is. people second pick -- to manage mutual funds do worse than the index funds. it is a nea near-perfect market,

perfect information. if you think you know better, i am skeptical. charles: there is a theory about that. i guarantee of iphone 100 people in the building who own microsoft they couldn't tell me what the profit margins are if they are up or down from a year ago. people who do this professionally study the information. one thing for it to be out there. it makes it different we had >> those of the guys who do this full-time do worse than the averages. charles: there are some problems with the mutual fund industry, that is why i have my own business to help people pick individual stocks. stuart: author michael lewis discussing his new book, he had this to say, watch this. >> yes, it is rigged in a very

subtle way. i give you an analogy which mark the casino is the exchange, high-frequency traders are poker players in the tour operators of the bangs who handle it. the tour group operator get some of the money. poker player get some. that is the arrangement. stuart: he said the market is rigged, do you think the market is right? >> slightly. he is brilliant and it probably gets ahead of somebody who lost a couple basis points, but on average it has been going up 6%. stuart: if i have to pay a dollar for it, i don't think the market is rigged because he paid a tenth of a cent less. i don't think so. >> i would say it's likely is thamuch less than the casino sot is still a good bet.

throw darts with me, i am of 34% in three years. the indexes are up that much. stuart: 9:00 p.m. eastern, is tonight, and the show's name? >> stossel. stuart: the voice of microsoft. it is all about getting young people to buy their phones. we will explain that at noon. and the man who makes the turbine engine that powers trunks of the future. it runs on anything. another hour of "varney & company" in two minutes. people with hearing loss.

what i'm about to tell you could change your life. does your hearing loss have you feeling left out? are you finding it harder to hear the tv or telephone? are you afraid you might not hear an alarm or intruder? if left untreated, your hearing loss can get significantly worse. a recent johns hopkins study showed that hearing loss can lead to more serious issues, including dementia.

it's time to call hearusa and get a complete hearing checkup -absolutely free. and, aarp members receive expert advice and can purchase digital hearing aids as low as $795 each. i sure wish i hadn't waited so long. i hear so clearly now. i'm back to myself again. if you call hearusa now you'll even get a risk-free 90-day trial,backed by a 100% satisfaction guarantee. don't wait another minute call this toll-free number and start improving your hearing and your life today. stuart: hey, if this market is rigged, ray get some more. stocks have never been higher. if you are in, you should be happy. the truck of the future, engine runs in everything from biodiesel to natural gas. walmart is buying it. you will see it today. how about this, you pay a

subscription and you pay for what you buy. cash flow and revenue to boot. can you hack an atm? yes, says our cyber security guy. and microsoft offers free windows and the and a siri soune voice. this hours about making money. ♪ ♪ >> they will pair you with another ai. maybe even another cortana model if you let them. >> that isn't going to happen. >> it won't be me. stuart: that was a clip from the hit sci-fi series "halo" featuring the character cortana.

she is also voice of microsoft new siri-like voice system. joining us now, the ceo of marketing zen. this is a female voice taken from "halo," the siri sound alike voice from microsoft. is that a big deal? >> they are hoping it is. hoping this voice will attract the younger generation, tracked the gamers of "halo" is a this is so much more fun than talking to siri. she sounds a little bit more automated, but a bit more robotic. will that be it for them? that is up in the air. stuart: that is the voice? that is the voice we are going to hear. if i ask my microsoft phone something, that voice comes back at me. >> yeah.

she is supposed to be smarter because she knows what you like, she knows how you like your coffee because he will tell her i am out of milk, where is the closest starbucks. she is more predictive. stuart: the reason we are covering this is because microsoft stock, not only do i own it, but it has gone up significantly recently. does this kind of innovation have something to do with the stock price rise? they are giving away windows free? that is much bigger than a female voice. >> this event like a one-shot thing. it is really part of a bigger picture here. microsoft wants to attract younger audiences and they want the mobile marketplace. stuart: you say microsoft is employing a good marketing

strategy. >> the next move, watch for apple to find their own cortana. they will up the game. microsoft will have to keep doing what they are doing. stuart: for the first time microsoft is out front. this small, limited area they are out front. >> you are a smart guy, you should be in marketing. stuart: i bought microsoft stock. , again, we would like to know what is good marketing to young people. geriatrics like myself. you are coming back a little later in the show. stay there. tech is king, three big names moving and you know it. turkey says they will unblock twitter. let's shut down in the country weeks ago just ahead of their elections. nothing happening on that front, down 3.5%.

it has come a long ways down. facebook stock up 140% since last april, down today 2%. we can never forget about apple and we are not forgetting it. still in the trading range 539 as we speak. that is also down this morning. google split the stock. give me the shares first. nicole: all to help. just to have them have a foothold on the company. up 2%, 579. looking at the shares. all of this is so the two founders, they lost their grip on the stocks because of the financing acquisitions, so is basically gives the founders a

little bit more of a foothold. stuart: still in control of the company and all the stocks have gone up. nicole: raymond james adjust to the price target, notice 660. they still think there's a lot of upside. stuart: check the big board, thursday morning trading for a couple of hours and the dow at the moment is down, but it did hit an intraday high earlier. s&p 500, that hit a new high earlier, right now down a couple of points. look at amazon down big today, it unveiled the long-awaited fire tv. advice t you plug into your tv o get streaming video. i don't know why the stock is down today, but i want your judgment on this bid >> excellent. the best thing amazon can do. they have a lot of data.

they have been looking at how well apple tv and others have been selling. why can't we do this better, and they did. their device is fantastic. >> wall street weighing in, pepper jack is saying roku is a much better device. they actually ranked it. microsoft comes in second with more channels and games the thae amazon fire so far. amazon still has a better balance sheet. >> the coolest thing about amazon fire tv is you can say that shall he wants to watch and pointed at the screen and it automatically populates because i have roku, like it better than apple tv. typing in the names takes too

long. >> it is all about content. apple tv may reboot. >> that is the billion dollars point right there. within a month we will all be singing amazons toone. i will be back. stuart: thank you very much for joining us, now we can release you. take a look at e-trade stock. raising the price target to 28. the stock is down, i wonder what that has to do goo with it. but he of the u.s. market compared to a casino, maybe they run away. hold off on the obamacare pep rally. one of the biggest insurers on the exchanges says that 15-20% of the new customers have not paid their first premiums which

means they are not actually insured. >> this is why the administration is advertising. they can't afford have any help exchanges go into a death spiral if we have this few number of people insured. the president is not telling us how many of the uninsured is being insured. stuart: how many of the previously uninsured are now insured? how many who have enrolled have paid? >> we do not know. the other thing is paying trillions of dollars in lost health reform and we don't know how many of the uninsured are now insured. we're getting responses in. are they afraid to enroll in the exchanges? and another crack was we have a consumer protection bureau cover health reform and the exchanges, so that is an interesting take on it.

the joke made, when will the cpa have to go through? because of identity theft. stuart: government wrigley this morning bangs to on alert for cyber attacks targeting atms. netting $40 million using only 12 debit card accounts and how that happened. joining us now, the ceo of threat stream. you had 12 debit card accounts and numbers, they got $40 million out of it? how did that happen? >> absolutely. this is a sophisticated attack that had taken place using 26 different countries in unison, so they cyber criminals were very organized, they had very specific malware installed, and they orchestrated it over 10

hours. what you are seeing is a migration from the gun and map style of play, now moving into the cyber world. stuart: could you do it? hold on, could you do it, greg? could you hack into an atm, could you do it? >> absolutely, stuart. i think you could as well. here is why. the techniques for hacking an atm have been out in the wild for many, many years. new techniques are coming out every day, and 95% of all atms are running windows xp. the the 12-year-old operating system, in the technology world this is absolutely ancient. they know all of the weaknesses in this and to make matters worse, microsoft next week will

ancancel support. so you get the alert from the government came out yesterday informing the financial services industry we have got to do something. the equivalent of a car manufacturer knowing about a flaw kick a car on fire and not supporting it or fixing it. stuart: it seems to me using my credit card at target or a retailer, going to my atm, i am at risk everywhere that i am in cyberspace so to speak. i don't think the threat level has been understood at this point. >> absolutely. these attacks are nothing new. we had in the late to thousands of attacks on tj maxx, marshall's, 40,000 plus critical

information was compromised. 110 million at target of u.s. citizens compromised their credit cards, essentially it is a growing problem. i think the biggest thing of an industry we need to do is start to share information about the cyber attack. traditionally banks have not shared information with each other. they have been taught not to talk to their competitors. in the case of cyber threats we really have to start talking about how are we going to share what type of techniques and tools are we going to use to share information about the attacks we face every day. stuart: thank you for bringing it to our attention. thank you for being here, appreciate it. check this out, a futuristic they greg developed for walmart. aerodynamic, sleek, fuel-efficient. we have the man who developed the turbine engine for this truck. coming up after this.

i've always had to keep my eye on her...

but i didn't always watch out for myself. with so much noise about health care, i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile, not random statistics.

they even reward me for addressing my health risks. so i'm doing fine... but she's still gonna give me a heart attack. innovations that work for you. that's health in numbers. unitedhealthcare. [ male announcer ] how could switchgrass in argentina, change engineering 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.

stuart: a training video stirred up controversy. warning target workers to protect themselves from unions. >> the rate contracts our ability to serve our guest could suffer dramatically. and what happens to our team? stuart: the unions obviously don't like this, but the companies have the right to put out this kind of video warning employees about the dangers of unions? >> yes, they can. target is now been painted as corporate welfare queen. ralph nader is out there saying workers are just like the workers at walmart. a lot of help from the government.

that could likely be true, but the question really to ask, does target have the right to warn the workers of the dangers of unions. yes, they do because target could replace him with computerized checkout cashier's as you see the development trend trends taking place across the country. stuart: now some new york city politicians are threatening will terminate contracts because of these. these guys walked off the job, was ups wrong to fire them? >> here is a problem for ups. they work on a time system, they get penalize paralyzed if packae not delivered on time. if you do an hour and half walk out, they will get a hit to the bottom line. is this retaliation, is the city

saying we will threaten to cancel contracts? this if you want to cancel contracts, who are you going to turn to get your packages delivered on time? a big fight brewing. stuart: let's move on. this is a charles payne pick. he recommended this stock last week, right now down $0.10 at $2. now look at this. cap stone turbine engine powers this, the big rig of the future we are told. walmart recently unveiled it, they are involved in this project. here is the ceo of capstone turbine. that is very futuristic. we appreciate you being on the show today. as i understand it, the engine can run on biodiesel, natural gas, is that accurate? >> absolutely accurate. natural gas, the manure, biogas

or biodiesel, you name it, any kind of btu content we can put in the engine. stuart: is an equivalent miles per gallon number you can give me? >> it depends on the route. our goal is a delivery vehicle, it is about being green making green. there are two shades of green, one has to be the color of money. stuart: what i his relationship with walmart? have they agreed to buy these engines? >> they funded the project or partially funded the project. we are in conversations with what the next phase is. doing similar stuff with kenworth. we have on the road trucks right now with fedex and other folks as well as transit vehicles and other things. this is the first step in a multiple step process. it is really about efficiency.

can i improve fuel economy. we have almost 7000 drivers, it is a huge opportunity. stuart: if i buy one of the engines, is there a tax break because it is green? >> yes, there is a 10% federal tax rate, correct. and each state has different opportunities. a 10% tax credit. stuart: we hear you. i'm sorry i am out of time, that is very interesting. tell us how you are going with walmart, will you please. >> absolutely. stuart: see you later. there is a surge in homes. that tells a lot about the winners and losers in obama's economy. my take on that is next. (dad) well, we've been thinking about it and we're just not sure.

(agent) i understand. (dad) we've never sold a house before. (agent) i'll walk you guys through every step. (dad) so if we sell, do you think we can swing it? (agent) i have the numbers right here and based on the comps that i've found, the timing is perfect. ...there's a lot of buyers for a house like yours. (dad) that's good to know. (mom) i'm so excited. when folks in the lower 48 think athey think salmon and energy.a, but the energy bp produces up here creates something else as well: jobs all over america. thousands of people here in alaska are working to safely produce more energy. but that's just the start. to produce more from existing wells, we need advanced technology. that means hi-tech jobs in california and colorado.

the oil moves through one of the world's largest pipelines. maintaining it means manufacturing jobs in the midwest. then we transport it with 4 state-of-the-art, double-hull tankers. some of the safest, most advanced ships in the world: built in san diego with a $1 billion investment. across the united states, bp supports more than a quarter million jobs. and no energy company invests more in the u.s. than bp. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america.

your chance to watch full seasons of tv's hottest shows for free with xfinity on demand. there's romance, face slaps, whatever that is, pirates, helicopters, pirate-copters... argh! hmm. it's so huge, it's being broadcast on mars. heroes...bad guys... asteroids. available only on mars. there's watching. then there's watchathoning. ♪ stuart: senate majority leader harry reid has been blasting the coke brothers on the senate floor. calling them fear mongers accusing them of unscrupulous acts. they are firing back.

he says instead of encouraging free and open debate, collectivists strive to discredit and intimidate opponents. the engaging character assassination. dentist this of what is required for a free society. harry reid has posted an anti-codepage on his senate website. how about this for an online business model. you pay us a subscription and you pay for what you buy. locked in cash flow and revenue to it. you will meet the guy who bought it all up. plus the drones that scour icebergs scouring out icebergs for cargo ships. more coming your way. there has really been a surge in vacation home sales. that tells us a lot about the winners and losers in the obama economy. last year 700,000 homes were

sold, up a whopping 30% over the year before. economist believe it is a result of the 30% gain for the stock market. they say it is the wealth effect. making money in stocks, spend it on a beach house. much of the game last year went to the upper half of income earners. conclusion? the money is out there, the top half is making it. now look at the other half, it is astonishing to report after five years of obama policies, it is the poor half losing ground. buying power is down, more than half the new jobs pay $40 per hour. fewer working today than back in 2000. this half doing well buying beach houses, this half being ground out. conclusion, the presidents spread the wealth policies are not working. another conclusion, it will be even worse in the future as long

as the policies stay in place. that's my opinion. it comes back to socialism or collectivism does not work. if you don't believe me, look at europe. he wants to make us like them. cradle to grave welfare system is okay because the rich will pay for it. he's wrong. socially and economically he's wrong but so far he's been right politically. he is pulled and enough voters win the presidency twice. those voters were convinced president obama would lead the country to a fair and caring future. it's really come down to two americans. we can't have a boom in beach houses with a shrinking middle class and call it a united country. the extraordinary thing is this is making it worse. this is a failed and failing presidency. ♪

♪ [ male announcer ] you're watching one of the biggest financial services cpanies in the country at work. hey. thanks for coming over. hey. [ male annouer ] how did it come to be? yours? ah. not anymore. it's a very short story. come on in. [ male announcer ] by meeting you more than halfway. it's how edward jones makesense of investing.

stir anonymous yelp reviewers to leave negative comments. what is this about? >> everyone has an opinion on social media these days. are we entitled to our own

opinion? and they post bogus negative reviews about them. a cleaner in virginia wants the courts to force yeltsin to turnover the idea of these reviewers. who is right? is it fair for the business to be harmed by reviews you don't understand or think are right, everyone has the right to say anonymously what they think. stuart: stock is down 5%. >> was down yesterday as well. this is a big decline over the last two days. stuart: free speech and anonymity of. >> free speech versus anonymity and additionally the ftc said yesterday, and complaints about yell.

stuart: that is why the stock is down 5%. stuart: our next guest is running justfabin, the biggest subscription ecommerce company in the world. shoe isdazzled.com. a stylist do their shoe shopping for the mom line. in los angeles, let me csi, amir mail have got this right. i pay you a subscription, $40 a month. i think that is correct and then you send me suggestions on what shoes to buy and i am supposed to buy one pair of shoes a month. >> each month i will send suggestions on what items you like, shoes, handbags and apparel and you have the choice

to buy an item or this is not what i want to or not be charged. in a frequent basis. stuart: when you don't have a human being suggest shoes and handbags for me do you? it is an algorithm, isn't it? >> we now have 2 million members. it will be impossible to have a unique stylist for every member. this is where fashion needs technology. being an ally company we have the best stylist on staff and an incredible program that combined these two groups together to create an algorithm that protect the right items. stuart: did you say 2 million subscribers? >> 2 million half of subscribers on the program that are actually -- stuart: are they paying you $40 a month, all 2 million of them? are they? >> all 2 million and coming to

our site and deciding to shop or skip but customers don't buy every single month. stuart: how many of these up paying you for dollars a month? >> for the average, we have customers who will buy shoes every month but the average customer buys four pairs a year. the average customer spending and to $60 to $200 a year. stuart: i am trying to dig here. forgive me for this but this is a financial program. an important metric. how many of the 2 million pay you $40 a month. >> 35% of customers will stop with this every month. 6,000 customers shop with us on a monthly basis. this year we do over $400 million in revenue. stuart: when will you go public? that is a lot of money. >> great question. we have institutional investors. the right move for our company.

stuart: i like your business model. and sale of shoes you get a piece of that too. well done, young man. your money will go public. >> it is a great question. one thing that is unique. stuart: you want to. you want to cash out? >> i love this company, building internet companies. and what i do every day, we stay private or go public, i will be here for a long time. stuart: if you have been building these 15 years have you cashed out of many other companies that you have created? >> started my first company. which i sold to intermix media. i was part of the management

team during the myspace transaction and sold the company to target, my partner and i have been working together ten plus years. stuart: are you worth $100 million yet? >> i don't know. that is a private question. stuart: when you do know. are you worth $100 million, adam? >> that is pretty private. i am happy to talk about it. stuart: that is a dancer. you have every right to preserve your privacy. i am probing because that is what our viewers are doing, you have every right to reserve your promise a and thank you very much. i love your business model, you know what you are talking about and what you're doing you're doing right. we appreciate you being with us. thanks a lot. >> thanks for having me. the man was good. you got the absolute right to refuse to answer my question. don imus asked me personal

questions all the time. liz: you were right to fire back and put him on the spot. all right, everyone. usa today the newspaper posed the question in today's paper. is a 1987 crash a little over a month away? they posed that question. stay there, the real halftime report is next. i'm m-a-r-y and i have copd.

i'm j-e-f-f and i have copd. i'm l-i-s-a and i have copd, but i don't want my breathing problems to get in the way of hosting my book club. that's why i asked my doctor about b-r-e-o. once-daily breo ellipta helps increase airflow from the lungs for a full 24 hours. and breo helps reduce symptom flare-ups that last several days and require oral steroids, antibiotics, or hospital stay. breo is not for asthma. breo contains a type of medicine that increases risk of death in people with asthma. it is not known if this risk is increased in copd. breo won't replace rescue inhalers for sudden copd symptoms and should not be used more than once a day. breo may increase your risk of pneumonia, thrush, osteoporosis, and some eye problems.

tell your doctor if you have a heart condition or high blood pressure before taking breo. ask your doctor about b-r-e-o for copd. first prescription free at my breo.com >> a loss in the fourth quarter blaming the weather stopping on course ails the earnings beat analysts' expectations and that is sending stocks higher today, up 4-1/3%. an upgrade from jpmorgan chase raising aron price on the stock from $115 to $125 saying there's a possibility that activist investors may target them. those shares of 2.5% as the company and makes fuel cells announcing only buying one of its rivals for $4 million in stock. power shares are by 1/2% and pandora, the popular internet

radio company reporting listening our surged by 14% last month from a year earlier. shares were moving hire about 5% but right now so is the quick one. the real halftime report is next.

stuart: the much-anticipated real have tossed report. nicole petallides at the

exchange, market watcher harry dent, welcome back, charles payne, liz macdonald are here. despite all the time of the highs on the dow and the s&p 500, plenty of people out there are saying there's a crash coming like 1987. look at this chart. it is in usa today. it compares the current rally with 1987 right before the crash. harry dent, right up your alley. you see any significance in those charts? >> yes. i see bigger crash san 87. in 2007 we peaked in the baby boom boom and spending, the spending way of in my new book the demographic cliff. this is the beginning of a long downturn. the government is trying to goose us out of this the demographic trends get worse in the years ahead so i see a crash bigger than 2008-9, bigger than 87 starting in the next few months and going down to 5,000 to 6,000 in the dow by late 2016

so bigger the 1987. stuart: what we like is you say and mean it and give us a time frame. how about you? liz: one day, 20% crash based on 1987 would take the dow down 3400 points. i don't see anything happening that could trigger that. the only thing that could trigger that is a rapid spike in short-term rates. intervening around world stopped that from happening. stuart: what do you say? we for the crash doesn't have anything to do with the chart. if anything it would be a coincidence. that kind of stuff will play out over a much longer period of time. stuart: dare we q the organ music? look at barnes and noble. that stock is down big today. we got the organ in their. why is this happening? nicole: stock is down 13.5% and i would place that as down $3. there was a time when liberty media may have been looking to move in on barnes and noble and

at that time they accrue to lot of stocks to get into the key reader business. liberty media is cutting its stake in barnes and noble, basically setting it free so they can be free to move forward wherever they would like to do. that is not good news for bonds and noble. stuart: 30% down. we put bonds and noble on death watch? charles: not yet. watching it, watching the heartbeat, we can turn this around. >> doesn't anybody go to the bookstore anymore? charles: i got to tell you. stuart: the best thing we could do for bonds and noble is put it on deathwatch. i want you to show me amazon stock, it is down lower. >> not deathwatch but what happened yesterday as the stock began to tank going into the closing bell.

the new fire tv. they did say the product seems like a good one, doesn't seem to be a must have. stock is down 3.5% today and this is after late yesterday going into the closing bell and a sell-off. stuart: some analysts are saying this is not as good as the competitors. liz: wall street analysts weighing in sane roker lance microsoft have better and more streaming tv content channels. they spend a lot of money not only on a device but also get it in content deals, a billion dollars cash, and 3 billion long-term debt. a lot of money needs to be sold by amazon to ramp up the streaming tv play. stuart: amazon was at 400. time for a round horn of predictions on friday jobs numbers. how many new jobs reported tomorrow morning? >> my guess would be 166,000, 170,000. stuart: a lot of people think

north of 200 down. liz: 185 to 190 k. charles: i will say 235,000. come on in. nicole: can i sit on the 200 mark, anything above 200 is better than the lowest, but i am waiting. still looking at this number. stuart: harry dent at 160, charles payne and 230. i am sorry but i am with charles payne. somewhat north of 200,000. >> this 87 charged is important. this is the bubbled longevity 82-87 bubble over the late 94-early 2000 bubble. bubbles don't correct 15% or 20%, they burst. i see a big correction coming. i see a longer-term downturn, i see a big crash because we've

bottle. be aware of these growth stocks we have been talking about. growth stocks fall hard. stuart: thank you, everybody. a great real halftime report. we told you to tweet us using habitat ask pain and today charles has oblast from the past. we are talking about this because you asked about it. charles: i got to tell you this is a company that might be turning it around. bay had a string of earnings losses, they missed quarter after quarter, they beat them by 100%. stuart: they own bell labs. charles: bill 7 nobel prizes, 1954 bell labs invented the solar panel, the selection. that is amazing. they repositioned themselves, now they say their clout networking, everyone saying cloud but they have something here, they are taking market share, they have turned the corner. charles: owned by the french. thanks.

risk and reward is up next. dierdre bolton is here. google splits it. google splits its stock. what is the significance of the google stock? >> you are leaving the owners with longevity, larry page, eric schmidt, these are the guys at the top and what they're trying to do is say we are going to vote on acquisitions, we are making the decision. common shareholders not so much, your power is more diluted. some analysts say this is a game changer and others say if you are buying google stock, the reason you are buying it is for the leadership of brand and page and schmidt. larger question here is another tech companies going to follow suit? are they going to want to dilute the power of the common shareholder. that is something we will be asking venture cab pioneer patrick, he will be my first guest in a few minutes. we will talk about that.

also what this means for smaller tech companies that are being acquired by the likes of google and yahoo! and facebook and the lot of companies on the acquisition trail these days. stuart: precisely ten minutes from now we're looking for you. look at this video. it is a drone. is used by shipping company to spot hazardous ice. got a permit for that? details next. ♪

[ cows mo] [ sizzling ] more rain... [ thund rumbles ] ♪ [ male announcer ] when the rld moves... futures move first. learfutures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ on thinkorsw

from td ameritrade.

[ chainsaw buzzing ] 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. 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... 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? stuart: a shipping company now using drones to navigate through the arctic ice sounds the great idea to me. >> if only we had drones a century ago. the titanic would not have hit the iceberg. cruel joke. a canadian company has decided to send drones ahead of the ship with cameras and test the waters. is there an iceberg in the way, the waters too rough, relay information back to the ship's captain and increase the efficiency and safety of all the vessels on the water. stuart: it is in a private company? >> it is a canadian company, the name is fed nap which never heard of. stuart: it is a great idea. if it was the united states they

might have to have a permit for a drone to fly. that is the case, i do believe it is true. could have saved titanic but you got to have a permit. your take is next.

>> i hear crunching. stuart: i am hungry. >> five ingredients. i like a little kick. stuart: does trying to. not bad. you really could hear the crunch. i did in fact eat and enjoy 3d printed crackers. julie had this to say about my take. we are turning into an economy like the 30s. on the top of a modern-day

rockefellers and vanderbilt and then there are the rest of us. tommy says this about whether or not business donors should know the identity of yelp reviewers. you have a right to free speech, you do not have a right to anonymous free speech. those who were accused have a right to face their accusers. casey asks this about a twitter twin in cuba created to cause unrest. another federal government agency overstepping its boundaries when it should not exist begin with. i can't say i am surprised. more on this twitter thing. the yelp thing. do you believe someone has the right to anonymous free speech? liz: my initial reaction is no because it lets people put untrue, damaging, libelous, slanderous statements about other people when they should put their name to it. media outlets are saying you have to put your name. they will not post your damaging statement of your and internet

troll who is being really mean or vile. it depends how you define what is free speech. stuart: you could see people gaining up to beat up on a business they got a beef with and it killed the stock. liz: anonymously beating up. stuart: doesn't the accused have the right to face the accuser? charles: new york state attorney general find a dozen people, a hundred grand for these kind of malicious business owners on yelp. it is amazing these guys a getting six subpoenas every month, got to have to figure this out. they have to make this an amazing system but you just can't set people up for failure. people who put their lives into opening a business and offend one person, they are not even true customers sometimes. liz: so right for abuse. stuart: charles: every star you get on yelp your business goes up 9%. it is important to small

businesses. stuart: here is dierdre bolton. dierdre: welcome to risk and reward, thank you for joining me. we give you more ways to invest your money beyond stocks and bonds. we focus on real estate, hedge fund strategies, new tack and venture capital, even heart. our top story google creating in this class of non-voting stock, reserving voting power of the top execs, venture capital pioneer alan patrickoff will tell you what it means for big tech and mergers and acquisitions. we give you more ways to make money, better ways to keep it. the other headlines we are tracking at this hour, yahoo! adding more layers of security in an effort to shield the people's online live from go