tv The Willis Report FOX Business April 26, 2014 11:00pm-12:01am EDT
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>> i'm ready. >> all right. >> oh, dear! oh, no! whoa. stay tuned for "across america" day-to-day. we'll watch that as well. liz: we'll be here for you. gerri: hello, everybody, i'm gerri willis. right now on "the willis report," america's crumbling infrastructure. a sobering new report on the state of the nation's bridges and what needs to be done. also a new warning about the weather. the latest predictions call for a giant el nino. the high-paying jobs where you don't need a college degree. how to learn a six-figure salary with a two-year trade. we're watching out for you on "the willis report." gerri: our top story tonight the next big bailout. obama's big idea to wipe out student debt, forgiving loans. that is make being students happy but taking a toll on you, me and every other american
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taxpayer. when the president first sketched out the debt forgiveness plan back in 2010, the cost was pegged at $1.7 billion. fast forward to 2013, the cost ballooned to $3.5 billion. now, take a look at 2014's estimate. a whopping 7.6 billion. if taxpayer bailout of student loans is everybody talking about, is it finally here? charlie kirk, founder and executive director turning point usa, democratic strategist and fox news contributor, tamara holder. great to have both of you. charlie, i want to describe as pay as you earn plan. it requires borrowers to pay 10% of the their discretionary income a year to their debt but then there is big forgiveness coming. tell us about that. >> sure. so this was an executive action put forth in the department of education in december of 2012. we're just starting to see it come into full action. what is really interesting about
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this plan that if you graduate and you subscribe to it, it is 10% of your discretionary income for 20 years. all the rest of your debts are forgiven. also, smaller part of the law people really didn't realize, starting to get all exposure, if you go into a government or non-profit job, all of your student loan debt, completely is forgiven after 10 years. really what this does, putting young people, incentivizing young people with lots of student loan debt and driving them i it is incentivizing them to try to work for the government. if you look really deep into this law or action, it is really, really interesting to see how we're incentivizing young americans with lots and lots of student loan debt and trying to incentivize them into government position glass you know, i've been. gerri: i've been blown away by this plan and i know a lot of people are. tamara, people are running to this plan. enrollment in debt forgiveness plans are up 40% of the that's what we were talking about when i introduced the segment how the estimates of cost of this thing are going through the roof.
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what do you make of that? >> well i think that as a whole people should be responsible for their debts, whether their school loans or credit card debts or their mortgages, whatever. but the problem really isn't, isn't the obama administration. this is, by the way i'm a law school graduate, who graduated nine years ago and i have about $70,000 that still owe. and i have a, couple of jobs. so these are people who, in 2007, 90 plus percent of people who graduated from law school, got jobs. and then it dropped to about 30% in 2009. so people are trying to get jobs. they can't. they can't pay it off. the other thing gerri,. gerri: let me interrupt you on that point. charlie, to you, is it the job of the government then if people can't find jobs, if the economy soured to pay off their debt. >> not at all. it is not taxpayer's burden to pay it off. young people, we know they can't find job. we know the job market is just terrible. this conversation needs to be addressing the cost of college.
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gerri: yes. >> that is what this plan doesn't go at all. you look what president obama is doing in 2012. all about the aftereffect. about forgiveness about student loan debt. but young people are amassing this kind of student loan debt because college costs are going through the roof. i would make the eggerment that starting in 1979 when we started to get the government into the student loan industry, we saw college tuition shun go up 1012%. that is failure of government. i have to say, that is what the conversation has to be about, cost, not student loan forgiveness. cost is for future students and in turn, help students -- gerri: you make a good point. tamara, cost, let's see who is really getting assistance. college and universities all over the country whose budgets expand every single year. you know what part of that budget expands the most? the administrative costs. not even the instruction costs. what do you make of that tamara? >> i think you bring up a valid point. i'm not defending that. i don't think the blame should be entirely on the obama administration. it is not because i'm a
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democrat. because i have ridiculed him in many other situations but the point is that schools and institutions and there are a lot of now junk colleges out there creating these programs. people think they will get actually get a job and they can't. then they leave owing all of this money. what schools are also doing, gerri, is that they are, they are saying we're going to take your debt and just so they can charge higher tuition rates. gerri: that's right. >> the conversation shouldn't be blaming the administration. should be looking al these schools. gerri: on the other hand, pay as you earn is the president's program. it just is. he was the one who put this program in place, with no cap on debt. no cap on how much money should be forgiven. charlie? >> right. so i think we also need to bring up this was done without any congressional approval this was not debated. the not passed through the house and senate this. was action by president. he is trying to create a narrative, and rhetoric pattern toward student loan forgiveness. i will blame president for small part of this.
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it is 40 year trend hard to reverse. i will blame the president. he continually says everybody needs to two so college to be successful. it is not true. not right, not good policy. he is falsely driving young americans into debt and promising he will forgive it. so there is rhetoric side of it. there he is demand side of it and policy side he did without congressional approval which i put the blame on. gerri: we'll look at other options later in the show. tamara, last word. >> i don't think it is president blame for sending people to college who can't get jobs this is problem going on for decade and decades. gerri: it is worse now though because jobs situation. these kids could start repaying loans if they were employed. no doubt about that i think you've got to say, that this punk economy is not helping. >> i agree 100%. but it is no the to blame president obama entirely for the problem. >> i get your point. charlie, tamara, thanks for coming on show. appreciate your time. >> thank you. gerri: from exploding costs of
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student debt to imploding state of our nation's infrastructure. one in 10 bridges is in urgent need of repair. if you in fact lined up all the bad bridges in the united states, guess what, it would take you 25 hours, driving 60 miles an hour to cross all of them. and from the look of them, you probably wouldn't want to drive across them to begin with. here with eye-popping new report, allison black, vice president and chief economist of the american road and transportation builders association. welcome to the show. how dangerous are these bridges? >> thank you very much, gerri, i appreciate the opportunity to be here. there is no question, these bridges that we've identified, which are ranked as structurally deficient are in need of repair. typically, one piece of a key element such as deck or the super substructure rated in poor condition or worse. gerri: so we've got lots of problems out there. as a matter of fact, americans are crossing 63,000 structurally deficient every single day. >> exactly.
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those are about 250 million americans crossing those bridges every day. gerri: wow. shocking to me, in what a horrible state of repair these things are. i want to dig into some of these details because i think it is really important. first of all, there's a backlog of repair. some $20 billion worth of backlog. so we're sitting on jobs that should have been done a long time ago. >> absolutely. it's a question of resources. you know, state d.o.t.'s and local governments are doing best job they can with the very limited set of resources that they have. they can't wave a magic wand and make this problem disappear. gerri: can't wave a magic wand but i'm paying every single day. i'm paying taxes and tolls. it goes on and on. look at states with most deficient bridges. pennsylvania, iowa, oklahoma, missouri, california. is there something those states have in common that create this is issue? >> well there are a lot of things that go into the conditions. first thing would be weather.
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think about the winter we had. some states have some challenges, located in the nor east. the ages as well, particularly in pennsylvania. they have some very old bridges there that are in need of repair. and thin what states are spending in terms of preventative maintenance. that can have big maintenance on preventing some of these bridges that may be on the borderline from slipping into that category. gerri: you don't have to rebuild the thing. you can always do preventative repair. look at some of the worst bridges in america. this is list of the worst of the worst. we'll walk through that. first of all, you have, an orange county bridge, 324,000 people cross it on route 55. built in 19556789 we'll show you pictures of this thing. -- 1955. sometimes you can't tell whether they're that bad. orange county bridge, harbor boulevard, built in 1966. cook county, illinois, i-90, portions of i-90, terrible. >> as we said in some cases, it
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might be the sub structure underneath or super structure above the bridge deck that travelers are not always aware of crossing that bridge. gerri: what about cemetery run, in lincoln county, california. >> california has a number of challenges. they have quite a big bridge inventory. so of course they're at the top of the list when you look at a number of bridge notice state. a number of them are in the top 250 list when we put together for the report. gerri: another one, olympic boulevard, los angeles, california. hundred of thousands of people cross these roads every single year, every day. >> right. gerri: and i have to ask you, you remember that 2013 washington bridge collapse. are we going to see another one of these? how likely? >> well, state d.o.t.s, are local governments are working very hard. they a lot of time will post limits. there are 65,000 bridges across the country there is limit on ther weight or number of cars that can be on the bridge at one time. so they definitely take all of
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these things into consideration. bridges are inspected regularly. there is no question that we need to find some additional resources to really address many solve these issues before bridges do continue to get in a state where we do have some of these issues. gerri: what do i want to do if i want to know bridges in my area are safe? can i go to your website? where should i look? >> go to our website, wwrsrtb.coring. we have top profiles of bridges from the federal highway administration and we're happy to try to get it out there so people can understand what is going on. gerri: people are nervous about it. i hear fropeople all the time who get worried about it. thanks for coming on and warning us about this. we appreciate your time. >> we appreciate it. thank you. gerri: coming up next, from taco bell to mcdonald's, there are big changes, big changes going on at fast-food restaurants that is. we'll tell you all about it. a six-figure salary without
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mcdonald's famous icon will sport a red blazer, bow tie, and makeover with hair to go with it. mcdonald's is certainly not only fast-food joint getting fancier but will this sway customers. we have founder of my yogurt. welcome to the show. >> yes. gerri: you're reformed investment banker, starting a real company. exciting to have you on the sh. >> great to be here. gerri: thanks for coming in. talk about ronald macdonald. he has a whole spanking new look there. i wonder what people think about it. we polled our viewers about the new look. we'll find out at the end of the show whether they liked it or not. he goss from clowny to not so clown y. >> i think it is hip. >> they have the wader pants, what do you call those? , i for get and jacket. will this get people to go to mcdonald's?
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>> i think intent is to create conversation and socially and other means. to get people talking about this. gerri: do you think they're going after millenials with this. >> that is one of their targets, yes. gerri: it is hipper. he does look different. still sort of scary clown but not entirely. anytime you've got the white makeup on your face, people want to run in the other direction. >> yes. gerri: so, let's talk a little bit about taco bell, because they're doing something super interesting out in california. they're opening a new store. they're experimenting with a sit-down restaurant. who do you think they are trying to compete with? >> i think they're trying to carve out their own niche. some people say chipolte but they're trying to create this new fusion-style taco for this emerging foodie coming up. gerri: this is interesting to me, i know from spending time on west coast. tacos are everything. it is fish taco. beef taco. everything taco. people love them this is much more cutting-edge, hipper version what they were doing in the past. do you think they could beat out
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chipolte? check out the skull in the video. that is so cool. >> i think that is going to take a lot of time and money for them to compete with chipolte. gerri: they would have buildout new store system. >> it has taken chipolte a long time. they have a consult-like following. >> they have a consult-like following because the -- cult-like following. the food is delicious. >> they both have benefits and appealing to their classes. gerri: you are paying attention to this now in the food business this way is changing and changing dramatically. people are sort of less interested in the sort of old-fashioned fast-food that i grew up with and you probably grew up with and they're worried about health issues surrounding it so they migrated to something slightly different. will this catch fire? does it have legs? can it continue? >> i think so. you see all the new additions. you see what mcdonald's is doing with mccafe. everybody is trying to upscale
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their brand. gerri: everybody is trying to upscale their brand. that is interesting. dollar menu is done, is that what you're saying? >> not yet. there will that be consumer but the brand, these brands are becoming more powerful. gerri: tell me a little bit about maia because i think it is super interesting. i'm a big fan of greek yogurt. so i look at all this stuff. is this still an expanding category at this point. >> it is huge. growing double digits. we make less sweet greek yogurt. less added sugar and more probiotics. gerri: no sugar at all, my friend. that is way i go. your operations are in pennsylvania? >> we make everything in the heart of dairy country in pennsylvania. gerri: that makes a lot of sense and marketing up here. >> yes. gerri: if you had to handicap taco bell, u.s. taco company and urban tap room, the ability to make this fly and what odds do you give them. >> they will spend money and they will make this work. gerri: definitive response from hamilton.
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good luck with maia. we'll be watching. >> thank you. >> we want to know what you think. here is our question tonight. do you like ronald mcdonald's new look? does it work for you? log on to gerriwillis.com. vote on the right-hand side of the screen. i will share the results at the end of tonight's show. are american high schools making a big mistake preparing our kids for college? a new report may hold the answer. are you wondering what will happen this summer? me too. we'll give you details, outlook, forecast for the next three months. stay with us. friday night, buddy. you are gonna need a wingman. and with my cash back, you are money.
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gerri: breaking news out of washington. new york congressman michael grimm expected to face federal criminal charges as early as next week over his campaign finances. fbn's rich edson joins me now. rich. >> this has been an ongoing investigation. now grimm's attorneys saying they have been contacted by federal authorities to say, we expect charges to be filed here. this is statement from grimm's attorney here in washington. saying quote, after more than two years investigation played by malicious leaks, violations of grand jury secrecy, strong arm tactics u.s. attorney's office disclosed its intent to file criminal charges against congressman grimm. we're disappointed by the government's decision. hardly surprised, because from the beginning the government pursued a politically driven vendetta against congressman grim, not pursuant to the truth. this is relates to his first
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campaign, 2010 campaign about campaign finance charges. the lawyer doesn't give specifics what they expect to be facing. grill is member of house financial services committee. he is dealing with an investigation. now his attorney says they expect charges to be filed in this one, gerri. gerri: he has been high-profile publicly. not afraid to get in front of camera. he has done it for some time. how will this impact his efforts to get reelected? >> it can't help. already an uphill climb for grimm. he represents a very divided district politically. a republican serving in staten island and new york city and also a slice of brooklyn. the numbers were difficult for him to begin with this investigation has been over his head for some time. with charges filed, that certainly can't help. of course you remember the famous video from him on the night of the president's state of the union address when a reporter asked him about it and his response was to threaten to throw him off the balcony on capitol hill. he since apologized for that, but this has been swirling for a while.
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now it just continues. gerri: we'll have to wait for all the details. thank you for bringing everything we have right now. rich edson, thank you so much. >> thanks. gerri: wow. with the price of college continuously rising, back to college it may be a good time for students and families to look at some well-paying jobs that don't require a four-year degree and there are lots of them. here to tell us about it ohio treasurer, josh mandel. thanks for coming on the show. this is one of those topics people lose track of. there are jobs other than once you hear talked about on late-night tv all the time. tell us what you're trying to make people aware of. >> here in ohio, gerri, we're trying to make young people aware of opportunities they have in being welders, pipe fitters, electricians, carpetters, machinists. right now in high schools throughout ohio and america, the young people are unfortunately told the only way they can become successful with four-year college degree. we ended up with a generation of
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young people with, four-year liberal arts degrees and $50,000 in debt and working serving starbucks or in the mall and would have been better two-year technical degree working in skilled trades. we're trying to bring back shop class and invest more in vocational education. gerri: bring back shop class. i like that. imagine a 21-year-old right now. you've been in the job force for two years already. you have no debt in all likelihood because you probably did your education locally, right? you didn't cost very much to go to some training, arena. and look what you're growing to get. here's one of the points you like to make of the top 10% earners, skilled tradesman salaries, carpenters, $73,000. electricians, $83,000. piper jaffray fitters and plumbers, $90,000. elevator installers and repair,
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make is 08,000. you start so much further ahead if you actually do the trades, rather than getting hung up in a four-year degree. don't get me wrong, i'm all for education. not everybody should have a four-year degree. what is a value of a four year degree where you study underwater basket waving anyway? >> whether it is underwater basket waving or russian liberal arts, these kids are graduating with enormous debt and can't get jobs of the they would be better off with skilled trade and tool in tool belt. they're walkingauls of high schools throughout america and see posters for ohio state and harvard and yale and university of toledo and chicago but don't see posters for career and technical school down the hall or down the road or skilled trade school down the road. that's where we need to be pushing a lot of these kids. it is not for everyone. these kids need other opportunities than just a four-year degree. gerri: tell me you don't look
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like you're that far out of college i would say. what are you doing in ohio to get people into the programs and help them understand the attraction of doing this kind of work? there is respect in all kinds of work. you don't have to be sitting in cubicle somewhere on the telephone to have respect. you can be doing these very jobs we described. >> gerri, you hit it on the head, one of the problems is the culture, the stigma, unfortunately a lot of high schools and communities they're not pushing kids into these areas and they're not really profiling, bringing pride to men and women currently working in the jobs. one of the things i'm doing in the state of ohio is recognizing blue-collar workers, recognizing skilled laborers running machines, working in manufacturing companies, putting products out the door, especially here in ohio. we have utica and marcellus shale. there is so much economic activity with oil and gas drilling, they can't find skilled welders. i was at company the other day, this guy in dave archer in
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marriott, ohio, paying some of his welders, master tig welders over $100,000 and still can't find enough welders. rejecting orders from customers. can't find enough people. we're trying to do everything we can to encourage more and more young people to go into these skilled trades. you mentioned, i look a little young. i do. i'm, state treasurer i get that a lot. a lot of people in political office have a variety of goals. my goal is i try to keep simple. by the time i'm 40, i hope to be shaving. [laughter] gerri: you're a pleasure, josh. thanks for coming on the show. that's funny. >> gerri, good to be on. this is good way to end my friday afternoon to have dinwer my wife. gerri: i love that. one more time. tell the people out there name of the company in marietta, ohio, that needs welders. >> pioneer pipe. gerri: pioneer pipe. if you're a welder, you're looking for work, pioneer pipe in marietta, ohio.
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thanks for coming on the show, josh. i hope you shave by 42. >> bye-bye. gerri: up next, you heard about these predictions for el nino. it will be out of control. the weather will be crazy this summer. is it true or is it hype? we'll have answers from an expert. >> invention that transformed the american work place, the cubicle. it looks awful, doesn't it? who sits there? the cubicle is 50 years old. we'll talk about. [ male announcer ] if you suffer from a dry mouth then you'll know how uncomfortable it can be. [ crickets chirping ] but did you know that the lack of saliva can also lead to tooth decay and bad breath? [ exhales deeply ] [ male announcer ] re is biotene. specially formated with moisturizers and lubricants, biotene can provide soothing relief and it helps keep your mouth healthy, too. [ applause ] biotene -- for people who suffer from dry mouth.
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. gerri: it was a brutal and a frigid winter, right? and now all you want to hear is it's going to be a fantastic summer. but now we're hearing new weather models are predicting a giant el nino this year. should we be concerned? is it hype? joining me analytic forecaster joe. great to have you here.
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is this real? first of all, define el nino and tell us what's going to happen as a result? >> well, it's a warming of the waters in the tropical central pacific and basically we're predicting for a while, about what we call a bounceback el nino because the pacific is cooling. three, four years in a row of la ninas, you're going to have el nino from time to time. this is a lot of hype as far as how strong it's going to be. this will be the fifth time i've seen a super el nino predicted since the one in '97 and '98. we're not in the same overall weather pattern or climate pattern we were in when the el ninos got very, very strong back in the 80s and 90s. very different pattern, and a lot of these guys have -- go on. gerri: let me ask you a question here. i know the farmer's almanac sees good things this summer. what does your crystal ball
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tell you? is it super hot, cool and wet, what are you looking are? >> i don't have a crystal ball, i have a lot of hard work we do. gerri: good point. >> we've been predicting three hot summers in the row we had, 2010-2012 mimicked the early 1950s, we're in a similar pattern as the 50s and going into a series of better summers. i think we predicted a garden of eden summer, we had a record corn crop and much of the central united states and the areas in the rockies and western plains will see more rain this summer. i'm worried about the lack of warm weather in the great lakes and ontario and western new york this summer, perhaps cutting the growing season quite a bit rather than the hot summer. gerri, one thing, it always gets hot one place in the summer. always rains too much in one place and too dry in another place. every summer has that attribute, i don't think there is anything out of ordinary
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this summer. the el nino is on hurricane season and the following winter. gerri: you have a big forecast for hurricanes, tell us about that? >> a lack of activity in the deep tropics in the island, but we are concerned about inclose development to the united states, where there's what storms there are, and there may not be that many of them, develop close. i'm worried late may, june, see a season that affects the gulf coast of florida, for instance, and overall climate cycle like the 1950s where the east coast is susceptible to storms. gerri: so bottom line, bottom line, more hurricanes? less hurricanes? worse hurricanes? >> less hurricanes total, but the bulk try to stay in close to the united states. i keep reminding people that the big yearsolt east coast are not the high number years, the big numbers in the 50s, 8, 9, 10 storms. >> great analysis for us. i appreciate your help.
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>> big winter next year, look out. it may be like 09-10. gerri: we've already had a big winter. we don't need another one. >> used to snow when i was a kid, well, it's doing it again gerri: that wasn't snow, that was a blizzard. thanks for coming on, joe. good to have you here, thanks for your help. >> thank you. gerri: all right. calling a blitz play already, northwestern university football players casting ballots today on whether to form a players' union, but their coach wants them to vote no. who is going to win? legal eagles take up sides. and you might loathe this but stay all day in a confined space. you know it. the office cubicle turning 50? can't we get rid of these things. nobody likes them. stay with us. [ female announcer ] it's simple physics...
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the first of its kind. the university's players cast ballots whether to unite and join a union. it is a controversial labor battle that everybody is talking about. joining me, the partner at frumpkin and hunter law firm. why are they talking about it? >> these young people are getting into the schools, they have scholarships, they're not paying for going to school but taking basket weaving and things like that. not highfalutin classes. they are exploited by the coaches who want to keep them there, use them again and again and again, they make millions, the coaches, on salaries and the universities and including northwestern, they can make millions, the kids get a scholarship and they're washed up after that. gerri: bill, a year at northwestern costs 65,000. that ain't nothing, if you use it the right way, maybe if you got more, the gift you're giving for your service? >> that is exactly the service. it pains me to say this, the
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national labor relations act, the definition of employee does not cover players, the players get this money for a scholarship to basically be players to some degree, they're getting something hopefully priceless, which is an education. gerri: but it ain't priceless, there's an actual number. >> the nlrb in chicago, the regional office said the players did meet the federal guidelines for unionization. they let them go forwardith it under the law. >> it's an excellent decision in the sense they are exploited, i don't think the law is broad enough to take in people who get a degree. the most people get is -- you work in a job, you get money. >> most of them don't even graduate from school. they are so exploited by the coaches, traveling all the time. working out, get injured, it's over. so many things can go wrong for the young people, so the way to get around that, at least to
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have some protection is unionization. >> the top players get exploited like that. there is hundreds and hundreds of other players that get degrees, it's a personal choice whether it go class or not go to class. law should take these people, in just not the way it is written at the moment. gerri: ncaa, assets 530 million, the contract to revise march madness worth 10.8 billion dollars. there's a lot of money floing around. >> making money off the backs of the students and, yes they get the $62,000 scholarship. yes, that's a lot of money. when you compare it with the stats it's a pittance. and a lot of these kids, this is it for them, they're not going onto professional football or basketball or baseball, this is one chance to make some money. >> the point is this, i agree with you on everything you said, but the definition of -- >> then i win. >> basically you work and get paid for that. gerri: that's not what this is. is that what you're saying? >> exactly.
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in other words, you're getting room and board, and you're getting to play in all of the other things which is getting a degree, it becomes a problem when you don't go to school, et cetera, but that is really the choice. >> the nlrb is saying they qualify for federal status in the union, it's the focus. >> i never thought i would say, this i have to say this. i think in many ways the current board is little more liberal than the court system will be when appeals are heard. gerri: let me interrupt. i want to get your response to this. this is the university of connecticut basketball player shabazz napier saying we're definitely blessed to get scholarships to our universities, at the end of the day, that doesn't cover everything. i don't think student athletes should get hundreds of thousands of dollars, there are hungry nights i go to bed and i'm starving. >> this guy is the mvp of the ncaa tournament. if he's starving now, he won't
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be starving later. >> you made the point for me, you said the people at the top, maybe they're exploited. what about people like this nott at the top. they are lower down. gerri: i don't think he's lower down. >> he's not lower down. >> but other kids out there. gerri: but going hungry, that's what caught my eye. >> i wish i could go hungry like him. i don't think he's going hungry. if you look at case, there is $1200 for food. gerri: there is money floating around. >> here -- >> i don't know if you've seen some of these places these kids operate out of, the massive and beautiful and well-done rooms for these teams hang out. >> it's amazing by all of the millions of dollars coming in. >> most players are not suffering. celebrities on campus, they are all of these things, but unfortunately for a lot of them, they don't do the school part, they end up on the cutting room floor, which is unfortunate. gerri: how is the vote going
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tonight? >> i think the players vote it in. >> i do too. gerri: 100%? >> uh-huh. >> at least we agree on that. gerri: savor this moment. >> it won't happen again. gerri: thank you so much. office space is the enclosed maze of desks known as cubicles. the cubicle is turning 50, my friends. one on one with organizational psychologist to break down what makes the perfect setup in an officer. we'll talk about it next. ♪ [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. ♪ my mom works at ge. ♪
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my mom works at ge. 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. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com .
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a cubicle. now whether you love or hate it, it's a staple of office life, and guess what? it's 50 years old. how has this often main stay changed and what can you do to make your life in a cubicle better. dr. woody woodard has tips. great to have you here. i want to show "the willis report" staff and their cubicles. they don't like it, they're not happy. they tell me all the time. right there it is, do those people look happy, no, they do not. >> you need to lead them to freedom, emancipate them from the cube land. gerri: it is frustrating, and everybody has on head sets, there's no collaboration, you would think people sitting in the open might talk once in a while but it doesn't lend itself to it. >> as a little bit of history. the cube was debuted or the predecessor debuted by herman miller. gerri: famous furniture designer. >> here's the thing, when you go from intent to execution you lose things along the way.
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the original cube had people like me involved, psychologists who understood behavior. the idea is to help people flow better and focus. it moved away from that and become little mini prison cells. gerri: flow and focus, that's what you're telling me it's all about. zappos has flow and focus. take a look at what zappos does. they go nutty over there. and toys, stuff hanging from the ceiling. you can see it in the background here, i don't know what the two guys are interviewing about. >> a lot of that is probably driven by tony shea, ceo and founder. part of it is the culture, you want to enliven culture and encourage it. it doesn't get to the issue of design. cubes are kind of become mechanical and functional to how can we pack as many people in a room in a rat maze and get them working? the idea is you need to get
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people focused. what drives me crazy not just the cube world but the move toward collaborative spaces, which isn't much before. you see people at a big long table and they have headphones on. that's a work around, it's not working. they found that 77% of people prefer quiet to focus. so how are you going to get quiet if you have as many people jammed in a room whether jammed in a cube or room as possible. gerri: 93% dislike the cubicle. this is the organizational style we're in, and i think one of the interesting facts that you point out is that the cubicle is getting smaller and smaller. >> middle age, at 50 it's smaller. from 2010, 2012 they had 22% drop in amount of space. we're cramming people together. creating more noise and distraction and they're not getting much done. there's a couple things i think you can do, managers and
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executives should think about. these are design principles. first is choice. we like choice. choose where you can work, when you create an environment, organization that does a great job. this is bacardi, i was at their corporate offices in coral gables. private spaces, social spaces. gerri: can you go anywhere you want to go? >> right. that's the idea. if you need private space to be on a phone call, you can use that space. gerri: what if i want to hang up my calendar and want plush toys. >> they have dedicated spaces, it's important. up to the give people territories. gerri: i say. >> we need places to put stuff. if it's a social area, we need places to be private and social and to collaborate. you want to give people options and choice, not cram people like cattle. gerri: reminds me of hotel rooms. although the hotel rooms are
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we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. the speech here it is time for look at the stories you are clicking on on fox business.com. attention to ukraine helped to push the market lower. this winning earnings reports, ford was weaker than expected. sales in china and europe were better than forecast. and consumers are feeling a little bit better about the economy. americans still remain cautious about their long-term financial situation. and demand for no new home loans is plunging. higher interest rates have
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pushed it to a 14 year low. the average 30 year mortgage is now 4.5% and that of a full percentage point higher than a year ago. those are some of the hot stories on fox business.com. earlier in the show you probably thought that we mentioned ronald mcdonald getting a new makeover. we want to know, do you like his new look? here's what some of your posting on my facebook page. rich said terrible. bring back the old. and ronald mcdonald's cbl this is not even on my list of things to be concerned about. and we also aphis on gerriwillis.com. 24% at the upcoming like to come in from 6% said no way. here are some of your e-mails. many writing and about our challenge. kristol writes ever since my id was stolen some 20 years ago, i have only used cash for everything. by cash i mean the president, and not paper checks at all and i go to the atm, withdraw cash from my account.
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if i don't have the cash for something, i pay for it. that makes sense. and i have been using cash only for many years from another writer. it is a shame the government doesn't realize that you can't borrow your way out of debt. david from north carolina is having trouble leaving the credit card behind. thing that i'd like to go cash and have been trying for a while. but it is an addiction to put the plastic down. yes, it is. we would love to hear from you. go to gerriwillis.com. while you're there, join our cash challenge. it's not too late. finally come all of us at the willis from work want to send a big congratulations to one of our favorite show producers. she and her husband mike are welcoming their 80 song. what a cutie pie. we are so proud of them. i think that he could come work
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for the show and pitch in. that's just my "two cents more." have a great weekend and we will see you back here on him at keeping secrets? but you voluntarily give up lots of information. >> not many things are more personal than what you search for online. but your typical searches are anything but i do it. >> is there a way to keep privacy back payment that is my real social security number. >> the drums come in the government. the data brokers online. they know what you do, and that is our show tonight.
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