tv Varney Company FOX Business April 18, 2014 11:00am-1:01pm EDT
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♪ stuart: there he goes again. another deliberate insult from senator reed. the ranchers from nevada, they are domestic terrorist. he set it on tape. we have the tape for you. president obama delivered an angry campaign style. it is all about obamacare. he got it all wrong. the president says there is not a smidgen of corruption in the irs scandal. do you believe in that? this is good friday. "varney & company" is about to
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begin. ♪ stuart: all right, everybody, let's get right at it. that rancher and nevada. harry reid using very strong words to describe his supporters. listen to what he said. >> these people who hold themselves to be patriots are not. they are nothing more than domestic terrorist. i think we are a country where people should follow the law. i repeat, what we have there is domestic tourism. stuart: you heard it. they said it twice. domestic terrorist. domestic terrorism. do you think that harry reid wins, politically, by making that kind of statement?
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>> has the one with any of the other names he has called people? he calls people names. here is the bottom line. the only name you need to be worried about is the fact that they are voters. stuart: is he rallying his face? >> is he rallying his faith? it has worked for harry reid. they have reelected harry reid for some form of office in 1982. therefore, it actually works for his face. the problem is he has made all of these people outside of county very upset. the next time you are in office, shame on you. stuart: do you think it is another go at the rancher with some federal force?
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>> whether you agreed or not, whether you think the federal government came on too strong, the american people are alerted to the idea. it shows that there is a ms. trust in our federal government right now. i guaranteed the pr nightmare will definitely be on the government. stuart: you are the tea party news network. what is the relationship between the tea party and i will call these guys patriots. >> we are patriots. >> we are diversified. we do not necessarily have to bring 100% all the time together. we believe in this country. we believe in conserving freedom. that is what this is all about. stuart: stay right there. we have a lot more for you moments from now.
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president obama held a campaign style press conference yesterday. he announced 8 million obamacare sign-ups. he said democrats should not avoid obamacare, but be proud of it. i think he got these items wrong. he said the average american is not affected and an adverse way. a sizable part of the population is getting healthcare for the first time. studies suggest that the number will be very small. and he said, a repeal of obamacare would increase the deficit. repeal it and up goes the deficit. i think that is flat out wrong again. in so many ways. charles and sandra with me. sandra: i do not get it.
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the only number they are touting is the sign-ups. not cluing us in whatsoever to the demographics. who was previously uninsured. if it is such a worrying success, why don't we know more? stuart: why does the president keep bashing republicans? charles: what is he going to do, stuart? stuart: he is not presidential. charles: the very first pick up, the very first time he blamed presidents bush for problems under his watch you knew it was going to be bad. it is not going exactly the way he wanted. he said he will make sure 46 million people without insurance will get it. then as president he said, well, make it 31 million.
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it is a frightening present. 85% say they are still uninsured. that is according to a gallup poll out on the 16th. stuart: we upended the whole healthcare system to help maybe 15% of the previously uninsured. >> may be. >> 62% of america think the gop will be successful in repealing parts of mobile obamacare. you live in georgia. stuart: she is not mentioning obamacare. >> she did not even mention she was a democrat in this ad. praising george bush. stuart: wait a minute.
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there is also a democrat running for the senate in georgia. she uses george bush in a positive way to support her democrat campaign. >> it is like we are in the twilight zone thanks to obamacare. she is saying she will repeal it herself and fix obamacare. democrats are running scared. republicans, you mention this every chance you get. we have a chance. stuart: high-speed traders got to subpoenaed. they got subpoenaed by the new york attorney general yesterday. one high-frequency trading ipo delayed. do you remember this debate on "varney & company"? >> that is an officer or director. someone really high up in the
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company that knows that there is news pending. they have to hold bad news. it is irresponsible and it should be criminal what he is doing. stuart: but if the high-frequency traders, if they are getting the information because they have access to superfast computers, if they are getting it a 10th of a percent before everyone else -- charles: a brand-new chip. they will announce it tomorrow morning. that is brand-new information. stuart: wait a minute. in a court of law, if you get the information on the trade -- sandra: first of all, how do you think this happened before high-frequency trading?
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this has been such a misinformed national conversation. it is still going on. there are companies not going public because of this. bottom line, like a lewis, the author of this book that got all the attention, high-frequency trading is called the market rigged. you have never heard him use that. it was incorrect. cecil at the end of the day, can we agree on this? eric schneiderman will take wall street to court on the issue of high-frequency trading and when i say he wins. stuart: you are part of the
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problem. i say that wall street is highly unpopular. if you take them to court, no matter what the charge, a jury will find them guilty. sandra: they are talking about a very small piece of this market. they are using that to describe high-frequency trading. it is a completely legal practice. stuart: excuse me. do you have anything to say about high-frequency trading? sandra: i do. charles: i like that. stuart: we are replayed video of some of your favorite guest. hosts of bar rescue. that would be john tasker. ♪
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stuart: today is varney viewers choice. the best segments joined by you. here is john taffer. the host of "bar rescue." listen to what he had to say. >> you are smiling now. that is not your style on the show, is it? confrontation is what you do on the show. >> we are trying to be convincing. we are only there for five days. i have to change your lives. i cannot just change what they do. i have to change the way that they think.
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stuart: do they volunteer for this abuse? >> they do. everyone thinks that they are the ones that i will love. the fact of the matter is, it is real to me. stuart: there is no holding back for you, is there? >> and five days when i leave, i have to leave them in a better place. i am good at what i do. if all the screaming and yelling was so bad, i want to give my hug in the end. stuart: do not expect a hug on this program. five days. are you a bar owner in the past?
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>> yes. i have consulted to bars, restaurants and hotels in almost 30 countries. i really do know what i am doing. stuart: the biggest source of loss is your own employees. is that accurate? >> it is accurate. i thought it was very profound. you can either make your own employees, to your own standards or you can let your business fall to their standards. whenever standards fall, profits fall also. there is no choice. you have to elevate them or realize you are running a charity, not a business. stuart: shape up. it is a tough world.
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you have to compete. you have to get to work on time. you have to be sober. you have to be clean. you have to try for more responsibility. that is what you do. >> i hate when people wake up in the morning and they blame the recession, they blamed the president, they blamed the congress. they blame everyone but themselves. even in tough economic conditions, somebody is making money. do not have excuses. blame yourself for failure. when you own your failure, i believe you own success. stuart: i just want to know how this started. you have great presence on the screen. you know how to use television. did a producer discover you? come to you with an idea? is that how it started? >> somebody who is not a
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producer, sort of a friend, told me i had to be on tv. we went to los angeles. i shot a three minute sizzle reel, as they call it. i submitted it to some studios. i got three offers. i picked up one offer and spike bought the show about a week later. i was on tv about a week after the idea. don: stuart: everybody on our production team has watched your show. we all liked it. i watch it even late at night. are you making money? >> i and making a lot of money.
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i have wonderful clients that i work with. i am making plenty of money. stuart: excellent. excellent. you are a great guest. come on back. >> i look forward to it. stuart: thank you, john. >> thank you, stuart. stuart: coming up, my interview with a star basketball player. he tells us how he remains successful, ate a lot of money and kept it. be right back. ♪ ♪
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$217,000. total taxes paid, 25,600. he paid a tax rate of just 8%. that is a very low tax rate. mitt romney paid 14% and he was vilified for it. how did his honor managed to pay so little? he owns a lot of property. he depreciated it. he took a big right off. he used what leftist call a loophole. can you say hypocrisy? this is the man who ran for office on a tax the rich slogan. he pays very little tax. he is like warren buffett. you should pay more, but i won't. let me tell you what else bill deblasio has been up to. he tried to shut down successful charter schools. he does not like charters.
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he also tried to shut down the horse and carriage ride in central park. he said that they are old-fashioned. he wants to replace them with electric cars. apart from the mayor's hypocrisy, it is this. pay massive taxes is okay for others, but it is not okay if a socialist has to pay. some people are more equal than others. build the law zeal could actually redeem himself. he could pay monetarily. there is nothing stopping him from writing a check to bring his tax rate up to say, mitt romney's level.
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what are the chances he will do this? slim and none. his tax return is a window into his financial heart. it is as cold as ice ♪ [ 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. 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. ♪ makes sense of investing. if ...hey breathing's hard... know the feeling? copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment
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decisions. not even a smidgen of corruption. the two perhaps we should do a reality show for president obama. 72% disagree. elizabeth macdonald is here. all right, lives, past couple of weeks, we have had a variety of breakthrough items from the irs which suggest there really is a lot of corruption. >> the e-mails that you and i were talking about involve lois lerner. talking about the justice department contacting lois lerner. other e-mails that i have been reading indicate there was an e-mail chain going around.
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the other e-mail, listen, the election is just around the corner. stuart: she was actively pushing the justice department saying, come on, come on. look at them closely. tonight it looks like the justice department is coming to lois lerner. stuart: that i did not realize. the department of justice came to lois lerner. >> right. does this need to be cast lighter to get even more e-mail documents? we are talking about congress. the doj to criminally prosecute groups. we are trying to rein in government spending. union groups do a lot of politicking. union groups are nonprofit. they are active in the
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democratic party. i am right down the middle on this. you do not use the irs as a political weapon against your enemies. that is a danger zone. though paul is showing that the congress needs to act. it needs to move more aggressively to get to the bottom of this. not in eric holder's interest to go right to the heart of this problem. it might expose corruption in the election campaign of 2012. >> when i talk to former irs agents, you put the country in a danger zone when you have the irs ensnared in political fights like this. this is so dangerous for the
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dignity of the country when you have this going on. that is why these e-mails are so key. i think that is the tip of the iceberg. they fear that this is deeper and wider than understood. covering up with a multitude. you really need to set aside all the white noise. stuart: thank you very much, indeed. something completely different right now. when i say different, i mean different. "frozen." ringing in over a billion dollars in the box office. i think it is just a matter of time before we see the "frozen" ride at disney world. peter wrobel happens to be with us. the former chairman of disney imagineering. welcome to the program. you actually invented some of those rides.
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i and my grandchildren had taken them many times. >> thank you. stuart: what is the favorite ride that you ever created? >> i think my favorite does not come from a movie. it is a thing called the tower of terror. have you been on it? >> no. i am too old. >> it is a falling elevator. stuart: that is your favorite peanut probably one of the most successful that we did. very complicated technology. stuart: how about mr. toad's wild ride? >> yes. like the teacups. they have been there forever. stuart: how about. ♪ it's a small world after all >> yes. we actually thought about changing the music once. you just can't do it. you can't touch it.
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stuart: i know you are not in that business any longer. i think you have retired. they have to be coming up with "frozen" rides. >> we realized we needed another water park at walt disney world. we were trying to think of a scene that was not just another caribbean island or something. we could not think of anything clever. one of the guys went to the bathroom and on his way back he passed a series of snow globes that he collected. what if we had a freak snowstorm in central florida. that was the birth of blizzard beach. that is how ideas happen. today, we would not have to have the snow globes event. the next waterpark would be "frozen." stuart: the net waterpark will be "frozen". are you thinking in those terms?
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>> the synergy of disney is to take an idea and move it everywhere. the lying king going to broadway was revolutionary at the time. you can move it to all kinds of places. once you get something that has critical mass, the ability to use it and reuse it is just smart marketing. stuart: last one, pirates of the caribbean. is it still there? >> this is the case where the ride started the movie. >> i love the birds. wasn't that a tough bailout? stuart: just say, get on with it. [laughter] stuart: i really do want to talk to you about one spot. that is crowd funding. you invite a lot of people to
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come to a place and meet guys that are entrepreneurs with a good idea. it is face to face crowd funding. the big idea is that it is a place where creators can meet money. we did it the first time last year in jacksonville florida. it was a way to make this a place where people want to be. as opposed to new york. it was very successful. about 130,000 people in five days. this year we did it again for five days. we had 260,000 people. over 600 creators. stuart: how did you decide on the 600 creators? >> you weed them out. stuart: if i give some money to one of the entrepreneurs with a good idea, i am just giving them
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money. >> from a real idea generation point of view, the bigger story is the $3.5 million worth of d.c. funds that were there. the big hit will happen over the next 60 days. based on last year, a lot less money floating around. they will do some significant investments. stuart: you invent embed disney ride and now you in that crowd funding.
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>> there really are people like me that do not have a paycheck anymore. they have not stopped, they'll. stuart: we usually do interviews except for the last three minutes. you got five minutes. do you know why? because during the commercial break, you told me that you watch this program. do you watch the program? >> yes. stuart: bring him back. ring him back. that was terrific. thank you very much for being with us today, peter. another hearty viewer choice. going from being a star on the cord to a successful entrepreneur. we are playing it for you. all of it. next. ♪
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♪ >> in a holy thursday, 12 elderly and disabled people -- all of that changed. the pope told a crowd of people that he performs the ritual in which it reminds himself of his call to help others. chelsea clinton announced yesterday that her and her husband are expecting their first child. bill and hillary took to social media to express their excitement over the
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announcement. hillary tweeted, my most excited title get. "grandmother to be." next up, another barney's viewer choice. the k you'll need when you retire? local 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. ♪ if we want to be ready for a longer retirement. why relocating manufacturingpany to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better because they've introduced startup new york - dozens of tax-free zones where businesses pay no taxes for ten years.
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jonathan, welcome to the program. good to have you with us. you play basketball. >> yes. stuart: for indiana. and now the pacers. what position did you play? >> i played a series of positions. charles: it is an arthritis thing. stuart: low, you have made a successful transition from making decent money. now you are a successful entrepreneur. you have a medical device company. >> we have over 100 affiliates. affiliates are doing very well. we have two of them that stick out in my head. they are doing great with this opportunity and helping other
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people as well. it is a device that takes pressure off the lower extremity. it is pushing the zero gravity field. it makes you feel like you are in water or space. it redirects the pressure to the muscle. stuart: you are the face of the device. >> no. no. i created this device. i created it for myself. i had to retire from the nba. from the pacers. i developed it and used it. stuart: you sold your own medical problems. >> yes. stuart: you are making good money selling the device. stuart: i have a couple of big questions for you.
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how do you like the medical device packs to pay for obamacare? >> i do not like it at all. stuart: really. [laughter] >> i do not like it at all. it is something we have to do. we have to contribute. stuart: by that time, you were paying more than 50% of your income in taxes. is that right? >> that is right. stuart: how do you feel about that? >> that was a pretty good staying as well. stuart: you do not like the medical device packs. neither do we. you do not like paying more than half of taxes. neither do we. what do you think about college athletes unionizing? >> i love it. when you look at it, you have college coaches making millions of dollars.
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you have these guys barely getting by. this is the job. they have workouts. they have individual workouts. team workouts. they have to travel. they have games. then they have to study. in between that, give them a little something. stuart: what about that young ncaa guy? didn't he say that he often went to bed hungry at night. >> i can believe it. don: stuart: at that age, in that condition, you are always hungry. [laughter] >> trying to stay in shape and keep up the great. give me a banana. give me an apple. give me something. [laughter] stuart: i want the name of the company again.
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okay. it is a medical device. it takes the weight off of your lower extremities. >> yes. we also offer our program. a rehab program that is online with a doctor of physical therapy. it takes our patients and customers through these exercises online. stuart: we like success stories. come back and see us. the indiana pacers. you are a short forward. no. [laughter] >> a shooting guard and small forward. stuart: shooting guard and a small forward. you are about 7-foot tall. >> i am 7-foot tall. stuart: you are 7-foot. >> you got that right. stuart: time is up.
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jonathan bender, you are all right. come back again. a great guy. it is great to see these sports stars turned entrepreneur. next, it is a question i am asking all young entrepreneurs on our show. would you sell your company for $100 million. i ask everyone this. you may be surprised by some of the answers. we will have those for you after the break. ♪ i'm nathan and i quit smoking with chantix.
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hours now. if they cannot do it today, they will try to do it tomorrow. spacex is working on cutting the cost of space travel by putting on one of the rockets these legs that will make it reusable. i have asked every successful young entrepreneur, all these small companies, they all come on this program and i asked them the same question. would you sell the company for $100 billion. listen to this. every time i get a website person on the show and they are doing well, i asked the same question. would you sell out for $100 billion. you would not take 100 million?
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would you sell your website for $100 million? >> for 100 million, i would definitely be very interested. stuart: would with you sell for $10 million each? >> yes. [laughteter] stuart: you would not sell for 100 million? you do not need the money? $100 million does not turn you on? >> it does. stuart: would you say at this moment are worth, say, 10 million? >> a lot more than that. stuart: really. from 10 to 100.
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i asked the questions. would you sell for $10 million now? >> it depends who it is. potentially, i do not know. stuart: it depends who it is? 10 million is 10 million. >> i do not know. we have not really looked into that. stuart: would you sell for $100 billion? >> you know, i have one like to live so i will take it as far as i can. stuart: i do not believe a word of it. stuart: would you sell today? >> no. stuart: would you sell for 250 million? a quarter billion. >> no. stuart: it is like pulling teeth.
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the answers are kind of diverse, as you can see. in the end, they would all take the money and run. here is our new our rollout for you. all the best interviews. dow dr. keith ablow. brain reprogramming. all of that and more. that is all two minutes away. ♪ asked people a simple question: in retirement, will you outlive your money? uhhh. no, that can't happen. that's the thing, you don't know how long it has to last. everyone has retirement questions. so ameriprise created the exclusive.. confident retirement approach. now you and your ameripise advisor can get the real answers you need. well, knowing gives you confidence. start building your confident retirement today.
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is good friday. welcome to "varney and company". artificial intelligence. are we there yet? the rush to build a machine that learned and thinks for itself. where are they? brain transplants or brain reprogramming. are we there yet? michio kakusays we are close. tom lee charges $199 for access to his snow work, he is selling a position in the waiting room line and he is here. we will bring you back the air
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b&b guy, renting bathrooms in your house. if you want to let a stranger in. would you? doctor keith tableau's highlight reel. ♪ weibo president obama having debt press conference late yesterday, he touted 8 million obamacare enrollees and told democrats get out there and forcefully defend obamacare and suggested critics move on. rich edson still here in new york. usually in d.c. but with us a lot in new york. you love it here. >> family in the area, food much better. in new york. stuart: stepped back from that one. you are up your reporter. you don't offer opinion but today on "varney and company" you are going to give us -- >> we will see about that.
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stuart: i said a president got several things wrong yesterday. number one, he said, have i got it right? i don't have my notes here. let me remember what he said. he said the average american is not affected in an adverse way by obamacare. i save a man is flat-out wrong and you say? >> i don't like when people say the average american. who is the average american? when you look at who the suspect people have been expanded under medicaid, lost their insurance plans. this law reorganizes a sixth of the american economy so seems like a broad generalization. you can't make a case either way. stuart: wait a minute. the average american is not affected in an adverse way.y. that is nonsense. all those people who pay more in premiums, all those people who pay more in deductibles, those who can't go to the doctor they know and love, those people who don't have the plan they know and love. is that not the average american affected adversely? >> for those americans
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absolutely. those who have been expanded and medicaid and received government is spending one$.8 trillion to insure more people. what will that look like? from insurance companies to contain costs they have limited provider networks according to the congressional budget office. when you look how much increases people have to pay the president was touting there would be slower increases in the law of the congressional budget office finds the law doesn't have much effect on the increase in health care. the president is just taking credit for it. stuart: make the call. was the president wrong? >> i don't know. i haven't met this fellow. stuart: last one. the president says if you repeal obamacare, he says the deficit expands. it goes up. i say the exact opposite. if you keep obamacare the deficit goes up because as you just said we are spending one$.8 trillion on this thing.
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>> i will give you the official number on this. the congressional budget office concurs with what the president said that the president says the congressional budget office -- it is through the law does reduce the deficit by $150 billion over ten years but it does so by cutting medicare by half a trillion dollars or so and raising taxes that more than cover the cost of the $1.8 trillion it is going to spend. i will also point out the cost and cost of medicare program, the actuary for medicare and medicaid services said those cuts lead to reduced services and congress may have to go back and fill it in again. you have to look at how it is done and when you have up law is large and don't know how the american population is going to respond it is difficult to make a call on how precisely the numbers are going to play out over the next ten years. stuart: are you going back to d.c. soon? tomorrow perhaps? >> i will be back after sunday
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evening. stuart: you should come visit us. i don't want to go to d.c.. who knows what might happen to my opinions. it was a pleasure having you with us. thank you very much indeed. it calls itself -- sorry. couldn't resist. it calls itself the doctor's office reinvented. but what does? the $199 per year feet actually buy you? joining us from san francisco is the ceo of wrong the medical group. let me see if i got this right. this is not insurance. if i give you $199 a year i am simply buying access to your primary care network. that is it. is that correct? >> no. that is not correct. we built one medical to redesign health care and make it more accessible and affordable for everybody so the fee is a supplement that covers non covered services like virtual care, health services, remote
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services in addition to insurance based office space. stuart: hold on. if i give you -- what is the name? what is it called? >> one medical. stuart: if i give you $199, you are going to give me access to you guys online so i can make a consultation on line. is that correct? >> correct. as a supplement to the office space experience. we have an office space experience you can access same day appointments, long-term visits with your doctor but in addition you can interact with that provider, virtual care and insurance doesn't cover virtual care services weather is video, phone or e-mail and this allows us to cover service in a more thoughtful way for a patients. stuart: i do get something more is an online service. i get into the front of the line to get into your actual office to see a doctor. correct? >> we redesign the model end to end so anyone can access our
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model, same day appointments, long-term visits. is designed to be an affordable accessible model and we use technology to do that. the supplement allows us to do virtual care services that allow people to access information no matter where they are. stuart: one of our people told me he got a little card from you guys saying come on in, join this. you were offering a $50 whole foods coupon. is that correct? is that a marketing technique? >> it is the complement. obviously representing a specific lifestyle in terms of proactively supporting health and wellness in addition to being health care system as you know, the health care system is focused on sick care. we are focused on the full spectrum of care which includes keeping people healthy. stuart: dr. tom lee, interesting concept and interesting niche market you have expanding across the country. thanks very much, appreciate you being with us. normally at this time i looked in that direction and i would
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see the stock market. see the action, the take, what stocks are moving. markets close today so in place of that i have got this. another varney viewer choice. remember when we asked one of the founders of green peace if fracking was a good idea? roll tape. i suspect that the need for fracking, get out there and produce natural gas, is even more important now bearing in mind the russia ukraine crisis. am i right? >> absolutely. natural gas is the cleanest of all the fossil fuels. it has the current emissions which as you know i am not that worried about but from an air pollution point of view is it is so much cleaner than coal and cleaner than gasoline and moving to using more natural gas in transportation is an important thing too. stuart: they using we should be exporting natural gas we produced in the united states?
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if we could do that and exports to western europe they would be less reliant on russia. should we do it? >> of course. i am canadian and we are planning to export natural gas to asia as well. it is a global world. i don't see anything wrong with the united states exporting energy to other parts of the world that desperately need it and i am sure that is what is going to happen. stuart: do you think bearing in mind what just happened in russia and ukraine that president obama will now move more quickly and in fact agree to the keystone pipeline and agreed to more fracking around our country? >> i am not a betting man when it comes to these kinds of political decisions and i can't read what president obama and john kerry are going to do about the keystone pipeline. it is obvious that it should be approved because that is where the markets are in texas, for the oil and canada has the oil.
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but as you know they try to demonize the oilers if there's something different about it than other oil when in fact it is made into the same kind of fuels we are using in our cars and trucks and airplanes now. is no different in that regard. stuart: you made a big splash recently when you said as co-founder, one of the original cofounders of greenepeace that climate change is not man-made. we reached out to greenepiece and they disavowed use. they said you are not a co-founder. you want to respond to that? >> yes. they have been trying to revise me out of their history for some years now especially five or ten years ago when i started speaking out in favor of nuclear energy which should see as a solution if they are worried about carbon dioxide emissions because nuclear energy can replace coal as a source of large scale reliable cost-effective electricity. it only makes sense but the thing is i was a co-founder of
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greenepc is proven in the historical record. even the greenpeace historical website listed as a founder. they can't get rid of me because it is in the history books. they can say that all they want. i was there for 15 years, longer than anyone else on the first voyages to stop hydrogen testing and french atmosphere testing and save the whales, i was there through all of that but i had to leave in the mid 80s because my fellow directors started taking greenepeace too far to the political left and began to adopt policies i could not accept with my scientific background. stuart: i want to move on to global warming. you have a chart that shows your chart that there has been no warming over the last 17-1/2 years. show it to us please and explained it. >> this chart is the remote satellite sensing of the upper atmosphere temperature and the temperature of the earth's atmosphere in the most accurate
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way possible. it is way more accurate than service stations which can be influenced by urbanization etcetera over the years and so what you see here is very clear evidence that even though carbon dioxide emissions continue to increase, not just continue to go up but increase every year there has been no increase in temperature. that is one of three fact that leaves me to state that there is no scientific proof that humans are the main cause of global warming or climate change. the other important fact is that there was also a warming in the first part of the 20th century from 1910-1940 about the same amount of warming has occurred between 1970 and 2000 yet the international panel on climate change does not claim that we caused the warming in the first half of the century. they in fact don't say anything about what caused it. why would they be so certain about what caused it in the second half and if you go back
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in the climate history over hundreds of millions of years you will see that co2 is lower now than it has been for most of the history of life on earth and in fact so is temperature. the average temperature today is 14.5 celsius or about 57 degrees fahrenheit whereas for most of the history of modern life, 500 billion years back in time it was closer to 70, 72 degrees fahrenheit. much more comfortable temperature for life to be flourishing. and indeed even the arctic islands of canada were forced did not that many millions of years ago. we are now in a cold period in the history of life and yet everybody is worried about it getting too hot. stuart: fascinating. patrick moore, you are the co-founder of greenepeace and we thank you for being on a program today. this is very much a story that is in the news and we want your input. thank you, sir. stuart: that was patrick moore, a co-founder of greenepeace.
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predicting the future is a pretty difficult thing to do. but, manufacturing in the united states means advanced technology. we learned that technology allows us to be craft oriented. no one's losing their job. there's no beer robot that has suddenly chased them out. the technology is actually creating new jobs.
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siemens designed and built the right tools and resources to get the job done. 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.
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stuart: nasa says the kepler telescope may have found earth's twin, a plan about the same size as ours, might even be able to support life. laurent is here with details. >> human beings of sorts and water. you have to find a planet about the same size as earth in order for it to have the characteristics that could support like the scientist think they found one. it is the 169, the kepler identified it. i would love to see people living somewhere else. what we call some people? why don't know. what would they look like? stuart: life doesn't have to be like you and i. it could take any form.
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is the same size as harris. >> it is 10% bigger in diameter. that is about it. stuart: similar temperature. >> conditions are very similar. stuart: when is there global warming? >> i don't know. if they can come where we are there would be more men she can date because there is is not doing it for her. of the one nice try, young lady. speaking of out of this world, remember this video? shows off what appears to be a working hoverboard made famous in the back to the future movies. unfortunately that is a hoax but it does beg the question will we ever be riding around the riverboards? that is the first thing i asked physicist and author michio kaku. you say you can't do it. >> let's say the f word. fake. it violates the laws of physics. supermagnets do exist but has to
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be cooled to near absolute zero and the only locally short distance, you are not going to fly off like michael j. fox in back to the future. stuart: when you disappointed so many people work on this program. we all thought we could have around all over manhattan. >> that is not to be. stuart: the future of the mind. we saw you appear with don imus on the fox business network a couple days ago. it was fascinating. you were talking about reprogramming the brain. can you tell us in simple terms what you were talking about? >> we don't know about telepathy, reading mines, telekinesis, moving objects with the mind, of letting memories, recording memories, we see them in the movies but now we can do it in the laboratory. this is a game changer. imagine record in the memory, unloading it, that could be a boon for alzheimer's patients. one day perhaps you will read take all the courses you flunked in college and learned that material. stuart: wait a second here.
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we record somebody else's memory. you are saying that it is now feasible or very soon feasible to upload that entire memory into my memory so that i know everything the other person new? >> last year for the first time in animal studies in mice we were able to record a memory and insert the memory into a mouse and the mouse remembers it. next will be primates. very soon we will experiment on primates like chimpanzees perhaps and then create a brain pacemaker for alzheimer's patients so they can upload memories of who they are, to their children are, who where they live and beyond that perhaps uploading a memory of the vacation you never had. stuart: that is incredible. how far away? the idea of the pacemaker for the brain for an alzheimer's patient. are talking five years? ten years? >> 10-15 years. animal studies first because we have to make sure its is safe
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and understand the kinds of memories we cannot load and we have to see we cannot load these memories into alzheimer's patients in to people who need these memories and perhaps beyond that if a worker gets laid off because technology moves on ahead without him you can perhaps upload new skills so this could affect the economy because people who have courses in college could to is that by uploading these memories. this is right out of the movie the matrix. stuart: there is a downside. who knows what you could uploading to somebody's brain and make and do all kinds of stuff. >> of criminals get hold of this fake implant memories of things that never happened, crimes that never happened. this has to be regulated very tightly. we are not there yet but once it gets out there false memories could be uploaded. remember the movie total recall? arnold schwarzenegger's marriage was uploaded, an incorrect memory, his whole being, his identity was forged by
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criminals. stuart: wait to follow this through. 15, 20 years away, tell me something, in the book the future of the mind, tell me something which is two or three years away. >> we can already hook the mind to a mechanical arm and mechanical legs to create an exoskeleton of iron man comics. think of thousands of veterans in afghanistan or iran who lost an arm or a leg. the pentagon is something millions of dollars to create artificial iron arms and legs for these individuals. at johns hopkins university, duke university, they are claiming prototypes of exoskeletons. at the next soccer games the person who's starts the soccer games in brazil may be totally paralyzed with an exoskeleton made from science driven by the mind. stuart: when you have written the book the future of the mind. top of the charts. >> number one n.y. times best-seller list little lot of people want to know about this
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technology. stuart: you write in a wait and make everybody understand. that is the point. michio kaku, thanks for joining us. much obliged. good luck. i find that fascinating, the idea of transplants, brain reprogramming. michio kaku says that could be a reality, 10, 15 years down the road but a reality at that point. i thought that was terrific. dr. keith ablow never at a loss for words. some of his greatest hits coming your way next. well it's official...
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stuart: one of your favorite segments we're showing you today, we asked dr. keith ablow to put all sorts of issues on the couch for us. here are your favorites. is harry reid normal or nuts? >> i think he is a crazy sly perhaps because those statements are non statements. he is untethered to anything
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like the truth. that is evidence that you just presented to me. this man doesn't care about data. this is not a scientist and this is somebody with no respect for the intellect of the american voter. stuart: if he was on your couch would you prescribe a drug regimen or would you do psychoanalysis? >> i would say to harry reid somewhere during the course of your life, you have become convinced that people are best served when they have less information rather than more. when you have more control land they have less. when the authority rests with you and others that you consider your comrades, rather than with the individual and the autonomous person. what happened to you to make you so convinced that people cannot decide for themselves and they must be treated like sheep? what happened? stuart: i visited three of my grandchildren over the we have frozen, the disney film on the big screen and each of
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them have a separate screen and for looking at it and played with a separate screen, iphones and ipads. they have the screen here and a big screen there. am i at that grandfather? i thought was terrific. am i bad guy? >> it sounds like fun until you realize it makes us mulch for people who have serious intent in the world to do serious damage and want to do it with their hands and blowing things up. it is all fun and games until you realize you lost your way. stuart: no hope for a luddite like you. what do you say about this new study that found active twitter use could lead to divorce and infidelity. i don't put much stock in this study but i know it is right of your street. you are going to not your head vigorously. >> put your score of faith in this story because people who interact with artificial technology as though it is real
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are disembodied people, people who can't relate any more in their marriages, they are choosing technology so what does the study showed? people use water more, their marriages fail more, more arguments in their marriages. this is like people who use facebook a lot who have your friend isships in real life because they are addicted to drugs and addicts make that has been sent wives. stuart: i wish i had more time. we could have explored this in depth. we will do this in depth. what do you make of the report that kids who use the internet too much do it because that is the result of bad parenting? i am sure you agree with that one too. >> i do agree with it and it is connected to the first topic we discussed, namely look, if kids are getting parenting where their parents are withholding and that is what this study showed where they are not empathetic they are going to go
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on a drug. we should stop saying use the internet. they are going to go on drugs. the internet is a drug. facebook is a drug. they're in pain and want to anesthetize themselves and right now the most accessible drug we have is right on your desktop or on your phone and kids will get lost in that. it makes them feel better. unfortunately it is also addictive and it ranges them from real human relationships. stuart: i think a lot of people agree with you. a lot of people will say not much you can do about it. >> there is not much you can do about it until the problem becomes so acute and so bad the we do something about it so we are going to end up with detox centers for internet addiction. we already have a few in the country. we are going to end up with potentially warning labels on things like facebook, there should be one on it right now. i have said that before. put the word out, listen, you have got to do things like be physically active, have real pets, real relationships.
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we have got to get this message out. stuart: you are one of the few people who is actually getting this message out. thanks for being part of the show. it is really intriguing subject and you are on it. you have to admit you did not get that from other financial shows, do you? we have all the angles covered and coming got more varney viewer's choice. air b&b, the folks who went out bathrooms in your own house. entertaining stuff coming up momentarily. there is more. wait, wait, there is more. after the break the new movie transcendence is all about artificial intelligence. is science fiction but is it close to becoming a reality? we have an expert on artificial intelligence. he is with us next.
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why relocating manufacturingpany to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the natio for new private sector job creation. and now it's even better because they've introduced startup new york - dozens of tax-free zones where businesses pay no taxes for ten years. you'll get a warm welcome in the new new york.
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see if your business qualifies at startupny.com [ 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. 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. ♪ stuart: some studies, a correlation between increased internet use and religious this affiliation. moving away from religion. use of adults essentially zero. it jumped up 80%.
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that seem two decade part timeslot sought 25 million persons like. in those who are religious unaffiliated. more internet use, the study does say that it is assumed. the research other religions and are turning to the internet. i am always on my phone. and a lot of people, and and we have become a society where we can sit and enjoy a certain, with our family. stuart: that is a shocking revelation. charles: to large degree particularly in america we have become victims of our own success to the point we believe we can do it all.
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we don't need god in our lives. god doesn't have anything to do with the weather because i am driving an suv. god doesn't have anything to do with our success. i believe it is a cultural shift. i believe there are a lot of pagans in high places that are pushing you, they have a lot of power, you go to movies. i was at a movie last year, this movie paul, someone got up ten minutes into the movie when they started making fun of a girl because she had a t-shirt praising god. younger people are being told over and over again. i gave a speech to a bunch of college kids and mentioned god and had the opportunity to critique me after the speech in one of their biggest complaints. >> college freshmen say they are unaffiliated. one in four and this is the generation that doesn't like the politics, the religious affiliation. stuart: got to move on. the new johnny depp movie
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transcendence takes place in a futuristic society in which an artificial intelligence researcher up loads his mind and personality to a computer making a machine essentially self aware. my next guest has a lot of experience with artificial intelligence. tim tucker is founder and ceo of expect lab. she joins me from san francisco. a thinking machine, a machine that is capable of original thought and thinking for itself, such a machine available today? >> no it isn't. the movie transcendence is what everyone thinks, it is science fiction. what is happening today is one of the most exciting times for a high technology and we are building systems in a narrow range can actually demonstrate human intelligence. stuart: at the moment it seems to be predictive, everything
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about me, a prediction based on my hat past history and past behavior is not artificial intelligence. it is predictive technology. >> you could call it a minimal type of artificial intelligence. that is really what computers are very good at. they are good at watching what everyone else does and if someone else is stumbling before computers can predict it. and trivial tasks done time and time again. stuart: what have you got today? what can you tell me about artificial intelligence that will turn my audience on? >> the most exciting thing that is happening today is around this technology called dep learning. what deep learning is is a new type of a i where machines, algorithms are more closely modeled around how the human brain operates so the human brain, the neocortex, many scientists think is a series of
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millions of pattern recognize theirs, prophecies that recognize a letter, a picture of a catch, and the number of companies, several in silicon valley investing in this technology to create these machines that are modeled after the brain and sometimes scientists think by going down this path maybe some day, decades, years in the future we could have something that replicate human like intelligence. stuart: we are waiting for it because it is a fascinating developments. sorry it was so short today but we appreciate you being with us. good luck on artificial intelligence. another one of your favorite guests, my interview with the creator of air b&b, the first bathroom rental service. interesting, gripping i might say. really... so our business can be on at&t's network
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maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. and only national is ranked highest in car rental customer satisfaction by j.d. power. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. >> to put mexican grill raising prices for the first time in three years. the new prices are expected to rollout over the next few weeks and are expected to be in place by summer. in the past executives said they were considering a height of 3% to 5% sell-off 5% increase would raise the cost of a chicken burrito from $7 and they want
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cents to $8.20 in new york. a wholly thursday ritual in rome, pope francis was a feat of 12 elderly and disabled people, 80 usually limited to watching priests's feet but that changed last year when he performed the ritual on women and was an inmate at a juvenile detention center. the pope told a crowd of people he performs the ritual in order to remind himself of jesus's call to help others. stay right there. one of our best viewers choice next is coming up.
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stuart: let's get back to varney viewer's choice. travis loren dean, a co-founder of a unique web site, air b&b. it helps you find a bathroom when you really have to go. listen to him try to explain it to me. i am not sure how to approach this. i am studying you very carefully here. people get in contact with your web site and say i have a bathroom to rent. >> exactly. someone who has a bathroom that might be located near an event that is happening normally event driven, mardi gras, boston marathon, new york marathon, a new year's eve, times square, someone has to go to the bathroom, i was talking to someone who said times were new year's eve people wear diapers.
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stuart: that is interesting. >> we are solving a problem. stuart: who decides what the rent of the bathroom will be? >> the person who is the host. stuart: is there a time limit? >> they s are available they have their bathrooms a don't call me after this time. stuart: do you get two minutes? five minutes? 20 minutes? >> we led the host -- >> they're doing it. >> number one or number two. stuart: any differentiation on time? $30 for two minutes, $50 for 20 minutes? >> we leave that to the host. stuart: what happens if i smoke a joint tenant it? >> the same as the law, how operates for any other business. if you going to someone's home and break the law they might call the cops on you. stuart: if it is $2 for one minute how much of the $2 do you get? >> we take a small percentage, 3%. stuart: are you profitable? >> we are profitable from
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advertising actually so we had -- stuart: local companies? >> in new orleans we have local businesses and we became profitable day one from the sheer viral mess of the site. stuart: your business? >> my business. stuart: two people. you own it locks stock and barrel. how many employees you got? >> just taking on our first one now. stuart: and already profitable. world wide. >> we are worldwide, we have -- stuart: when you are huge in and work. >> we kept watching bathrooms get piled up and we think it is because europeans are used to paying to p. the europeans have got to go. stuart: potential customer, i have an apartment block and a half from central park near where the marathon is, near the thanksgiving day parade. ron stuart: is great. davave: h howow would y youou g the press coming to my place
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will not throw a ball over the place or make a mess of things? >> we can't guarantee anything. we have the verification process and allow you to review the person. you can say this person looks like someone -- a frantic guy or a party animal you might not let them in. you can see when they are done you can review and see at previous cleese is whether the person is rated. stuart: would you sell your web site, sell control for $100 million? >> i would be very interested. stuart: you would jump at it. dave: doesn't want to get his hands dirty. >> we started this for mardi gras for new orleans and obviously went -- solve a worldwide problem. a stream of customers we can't turn off. stuart: a little grandiose. we solved a worldwide problem.
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>> something everyone in the world is attracted to and internationally in the united states. stuart: when you were such a good interview we almost dropped the commercial break. we won't make any money the next week to minutes, we will listen to this guy talking about renting bathrooms. you are profitable, only one employee so far and you consider $100 million. >> we're talking the toilet paper companies. continental, a couple other to limit paper companies and we are very interested in helping the market. dave: how would you market? stuart: got to go, got to go. this man is travis lorendean. is the arab part of your persona? >> the hair is something. stuart: heartbreak coming up. got to go. you were really good. you will be back if you are not careful. he will be back. quite a character we thought.
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we thank you for helping us choose the best segment today. thanks very much. once your own tropical paradise? of course you do. be prepared to pay. find out how much can million dollars gets you in just a moment. 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.
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stuart: my thirtysomething producer right told you about, a guy who thinks wearing google glass makes you look to fee. google wants to make sure that doesn't happen. d. a. avenue in home try program. >> they want to make google blasts a fashionable accessory, letting the last donors' try on the cololors and d didifferent for free and pick the one they want. they are disabling the glass a you can't steal the device, you see what happens with different friends and colors. it is now fashionable so it is not to free any more. stuart: is in addition to owning your own tropical island. is possible, a 681 acre piece of some people call it paradise. it is innocence island in the bahamas going up for auction in
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new york. cheryl casone, details and video tape included. cheryl: this is going up for auction on may 15th, the reserve but will be 10 million, expected to go much more than that. previously offered $55 million, this is six bedroom, 6 back from home, this is a cottage and another residence and has an airstrip which is big, really hard to get air strips. largest private island on the ball hamas and the owner is sick and wants to get it sold. he is motivated to sell. has a rare form of cancer. this is the largest private island in the bahamas. stuart: reserve price of $10 million. got to be $10 million for not selling. >> at least $10 million but they expect to get more than that. stuart: is sold for $55 million?
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>> they tried to offer and it didn't sell at that price. you could develop this, put a hotel on there, take all of it. there is the house, but everything you wanted, and build ten homes you and your friends, that is another segment. there is why 5 and satellite tv and all the amenities and health care and shops and things on the island next door but that air strip is big. stuart: i remember the air strip when bidding at the auction. thank you very much. good friday. this week's highlight reel is next.
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in the face of danger, and under the most demanding circumstances. experience builds character. experience builds confidence. and experience... has built this. the 2014 glk. the engineering, and the experience, of mercedes-benz. see your authorized dealer for exceptional offers through mercedes-benz financial services. stuart: here it is. this week's highlight reel. roll it, please. i did not see you in the fourth billionaire list.
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>> i do not care. i do not care about any of that. i care about my blessings more than i care about my money. stuart: it was big. >> 32 years ago, i was four years old. stuart: you are exploiting the marijuana connection. you know you were. >> a lot of political changes occurring. i think you will see a much, much higher stock market and let fate 2016-2017. stuart: have they offered you a lot of money? >> yes. stuart: enough to make you a billion dollars? >> they are sure this will be a multibillion dollar company.
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stuart: i got it out of him in the and. now, here is "risk and reward" with deirdre fulton. ♪ deidre: welcome to "risk and reward. we give you alternative ways to invest your money beyond stocks and bonds. markets are closed for the good friday holiday. so far, the tech heavy nasdaq is down 6.5% since its march peak. we will ask investors if they are getting more cautious about putting money to work. we will all you bring you part three of my exclusive, their conversation with ben horowitz. bitcoins is here to
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