>> stay tuned to fox business for breaking news on the story. "the willis report" is next, cheryl casone filling in for gerri. huge story the escalating violence in iraq. you're looking at the consumer. cheryl: it's incredible what we've seen, liz, in particular, for you that big jump we've had in oil prices. now we're looking at the effects not just on what's going to happen to the people of iraq but the u.s. economy and to all of you at home. what does this mean to your investments, to your wallet and gas tank? all of this is coming up in the next hour of "the willis report." i have some of the best voices on this issue tonight joining me, jessie jane duff with concerned veterans for america. phil flynn with price futures group. heritage chief economist steve moore is with me. a lot is breaking in the last couple of hours particularly with the situation in iraq. a few things happening, the iraqi government is pleading

for help. mostly from the u.s. they're asking us for help to try and stop the latest flare-up of this violence. cities in the northern part of iraq have been completely overtaken by the islamic state in iraq and syria or isis for short. this is al qaeda in iraq under a new name, they are incredibly strong from what we're hearing on the ground. the white house seems to be formulating a response, president obama said he won't rule anything out, but we're told, boots on the ground, off the table for right now. and this deteriorating situation sending shockwaves through the market. oil prices hitting a nine month high, stocks plunging on heavy volume. we lost 109 points on the dow. let's bring in the experts in all of this. jesse, we said 1.7 trillion dollars on this war, and we're about to lose, jesse, iraq? >> absolutely. this is a war supported overwhelmingly by congress at the time. people have to understand, not

only did we lose 1.7 trillion dollars. we're looking at close to 3500 dead men and women in the military. in fallujah we had troops killed. they're taking over that city. we're looking at another 460 billion dollars that we're spending to those disabled from the war that will rise to 6 trillion dollars over the next 10, 20 years. this is huge. this is a huge loss for us to be sitting back watching this happen, while oil prices skyrocket. could we dig our foreign policy shovel any deeper? we're in a hole now, deep hole. cheryl: phil flynn, she's talking about the recent veterans, we have to support them and the effect on the consumer, phil. oil, more than a 2% jump in that contract. this is right as we're moving, into the summer driving season, phil. did they miss the mark on this? seems like you all got caught

by surprise today. by the way, iraq is in trouble. >> iang lot of people were trying to ignore it. ongoing violence in iraq and, of course, this administration is basically told us, don't worry about it, we have the terrorists on the run. little did we know they are on the run take over cities in iraq, and i think at the end of the day, when it came to oil. we've had a risk premium, it has been stubborn and bullet up not only because of iraq but ukraine and russia and we have blown the top off it right now. this is a very serious situation. when you look at iraq right now, you're right in the heart of this, and while the u.s. sits back and does nothing, we've got countries like turkey and iran that are going to get involved with this. this is a failure of policy, it's very dangerous for the global economy, and as you know, when we see the price of oil get up towards 110 and $120 a barrel, you know, these

economies are on the globe are pot going to handle that. cheryl: here we for a u.s. economy, fragile is a nice word i'm using right now, and now the american consumer, not only do you have the bitterness what the country has been through since this war started, but now hit with a president who is already saying no boots on the ground, and the iraqis are desperate to get obama onto the table on this. and he doesn't seem to be cooperating. >> the key point with respect to the economy is if we have oil prices at 100 to $120 a barrel, for the consumer, that is the equivalent of $4 and $4.50 a gallon gasoline. that's like a big tax increase on the american consumer. we've already got a fragile economy, the consumer spending came out before these hostilities erupted and they weren't very good. economists are saying second

half of the year, we get back the 3-4% growth tab. this disrupts things in a major way. cheryl: you are tracking the moods of nation's veterans but the moods of americans are saying wait a minute, we have high unemployment. veterans have higher unemployment. a lot of them are coming back with ptsd, disabled, can't find jobs, then this. what does this do to the president's legacy? >> yes, the veteran's unemployment rate is over 9%. va scandals, everything going down the drain. and meanwhile could have prevented this. we didn't have to prove out of iraq so excitedly when we didn't leave a stabile country. this is like vietnam all over again. why are we doing this? we have the problems in the ukraine dealing with oil also. our foreign policy is a failure. a complete failure, we could have resolved this and did not. and veterans are in disgust. cheryl: phil, going back to the

oil market and the effect in the global economy, we're not talking about a small amount of oil coming out of iraq. this is the fifth largest reserves in the world. 3.3 million barrels a day. >> it is, 3.3 to 3.5 per day. on top of that it's a high-quality oil. it's not easy to replace. it's not like saudi arabia can ramp up production and the problems are solved. it goes beyond just that barrel of oil today. we were expected -- the market was expecting to get 4 or 5 million barrels out of iraq over the next couple years. that's not going to happen. and this not only disrupts actual production. it puts an insurance premium on any barrel of oil coming out of the middle east because when you've got terrorists in control of the oil fields, in control of the refineries, you know, just moving oil becomes a very dangerous business, if you're going to ensure an oil tanker, moving across the

middle east with the type of instability we have. you're going to want a lot of money. >> one point to make about this, cheryl, isn't it interesting this happens about ten days after the new crazy new carbon emission standards which make it harder for us to develop our own oil and gas resources. people are scratching their heads saying wait a minute, we're not building pipelines. >> keystone, thank you, steve, i wanted to bring up keystone. >> whole infrastructure of pipelines in this country. they don't exist, it makes us more susceptible, as phil said, to the disruptions happening for 30 years in the middle east. he's exactly right. there is the risk premium. i think it's 10, $20 a barrel, that could go up if we see this kind of situation continue. >> absolutely, if you look at supply in the u.s. and compare to what it should be, it should be $20 lower, but never going to happen in this type of a situation. cheryl: you know, jesse,

talking about the keystone issue, again, jobs for veterans could be keystone. why is this president not jumping on this now? >> we were supposed to be off of foreign oil in the 70s. that was the reason the department of energy was created. and here we are. still dependent upon foreign oil and we have 3500 dead military men and women in iraq and 350,000 wounded or injured. what are we doing? cheryl: well, that's the question for tonight i think and for all of our viewers at home. i have to say, steve, i have to wonder, the president -- the timing of all of this for him. this looks like he made a huge mistake and withdrew too early. we're out of there, the war is over, everything is fine. it's not fine! >> to repeat that lesson. why has the middle east been so important for the last 30 years? let's face it, energy. we have the capacity within five or six years in this country to be oil and gas

independent, the north american continent. this president has done everything possible whether it's new epa regulations, oil drilling to prevent that from happening. cheryl: and throw regulation on top of regulation on companies so they can't keep jobs in this country. jesse? >> foreign policy is nonexistent, veterans and active military are lost in the guidance, everything we do is in vain. cheryl: thank you so much for helping me dissect this issue. this is a big story, we're going to stay on it definitely tonight. thank you very much. >> thank you for inviting me. cheryl: it's your turn at home. i hope you've been listening. are you fired up about the unrest in iraq or any other topic. facebook or tweet ya@gerri will fbn. also coming up, there are big changes for facebook i want to tell but tonight.

the social media giant said to make money off your profile. has privacy gone the way of the do-do bird? think about it. coming up. hi, are we still on for tomorrow?

tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow is full of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow.

. cheryl: big changes are coming to facebook, the social media giant giving you control over the ads you see. there's a catch. sending advertisers more of your personal data. should facebook get a thumbs-up or thumbs-down from consumers. let's ask frankie from the napoleon media group. up or down? >> i say up. they have over 1.2 billion dollars. cheryl: you like the idea facebook is doing this. >> i like it. they got to make money somehow. cheryl: what about my privacy? what if i want to have some privacy? they're monitoring everything on profiles to sell ads to advertiser, right? doesn't that creep out a few

people in america, i don't know. >> definitely creeps you out. they lay it out for you when you agree to join facebook or any social media site in general. we say yes but no one has read it. cheryl: they're look at my profile. they're looking at my friends, what i read, stories i post. >> right, and trying to figure out how to target what do you like best? cheryl: shopping. throwing it out there. >> so they're in cahoots with the marketers and trying to narrow down what you like. cheryl: at the same time, they can resell this, right? if they're going to mind the data and give to advertisers, what's to stop the advertisers from reselling and reselling to where frankie or cheryl's information is everywhere and sold multiple times. at some point doesn't it become an intrusion, maybe i said yes to facebook but i didn't say yes to nike monitoring me? >> facebook is trying to be as responsible as possible. i know it creeps people out. it's clearly stated what they're getting into.

it's a lot of conspiracy talk but they're clear what they are trying to do. cheryl: they put out statement and said you want this, we k. this more targeted ads. i didn't ask you for that, but okay. lines of code on your computer, they're putting lines of code on the computer to monitor this, right? >> yes. cheryl: that's not an intrusion. >> it freaks people out. but there's a way you got to track people and you know facebook is trying to make money, their business, we're on fox business, it is what it is. cheryl: you're a marketing guy, totally get it. do you worry there is going to be a time the users of facebook say enough is enough. i need to get off of facebook or find another site maybe snapchat. >> snapchat had problems with user breach. twitter is starting to do, it instagram is starting to run ads, they all do it. if there's a new social network, sooner or later they're going to get millions and billions of followers and

not making money off it. cheryl: the other use for facebook, obviously their international headquarters are in ireland, makes lots of sense, but how is that going to affect the rest of the world? is the rest of the world going to go along with this? or because they're based in ireland, it's not a problem. >> i think sooner or later people will go along with it. cheryl: all right, frankie, it'sing about to be interesting to see how facebook handles all. this nothing is free on the internet. >> nothing is freeway. cheryl: and consumer groups have said nothing about this as well? >> yeah, look, everyone is trying to make money. that's what it is at the end of the day. cheryl: you are the ultimate sales guy. thank you, franky. we want to know what all of you think at home. here's our question tonight, have consumers given up any notion of privacy? i'm going to share the results at the end of tonight's show for all of you. now to another headline affecting all of you. amazon announcing it's adding

music to the mix. we have the latest on what amazon is doing, big changes. >> amazon is rolling out prime music, a million songs included in membership, 99 bucks a year, if you don't have it, sign up for it. it's ad free and it's only about a million songs, so we can actually show you some of the people missing from that list of musicians, kanye is not on it, taylor swift is not on it. jon bon jovi is missing, lots of people aren't on it. it pales in comparison to spotify library, they are in negotiations with universal music. but amazon entering competitive space. you can look her at edison research, pandora leads, spotify, iheart radio and google play, round out the top

five. investors, cheryl, very unimpressed with prime music today. the stock was down almost 3% at closing bell. cheryl: you have to wonder if they are late to the game. that is the question. >> that is the question. space is evolving, there are up and comers, itunes radio taking into the top five and doing well because they have a solid base of customers. this really is all about jeff bezos's grand master plan. he rolled out payments, local marketplaces, now music. we're expecting next week the big new amazon phone which would tie it up. cheryl: he's creating the walled garden, have you heard that expression? >> yes. cheryl: once you're in the walled garden, you never leave. >> you are not supposed to leave. hopefully the customers know there are a lot of options. cheryl: thank you so much. coming up later in the show, the latest crowd funding craze,

investing in real estate. but is the payoff worth it? you see him on the screen, a critically ill casey kasem, famous radio legend. he is in the middle of a legal battle over his estate. he's still alive by the way as of tonight. estate planning is not for the rich and famous, what you can learn what's happening to him. coming up. we'll show you how can you do that. we're moving our company to new york state.

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over his medical care against the wishes of casey's wife. but this family feud couldn't have been avoided, and joining me now is ann-margaret caroza. thank you for being here. >> thank you for having me. cheryl: i think why the nation is captivated by it. he wrote i have parkinson's and said i don't want to be kept alive artificially. his wife figured out how to change that. how often does that happen? >> we should all have a health care proxy advanced planning directive. the problem here is he purportedly had two health care proxies, one executed in 2007, and then his wife is producing a document supposedly executed in 2011. so when we have two documents, it's landing in court. cheryl: i don't know if you remember james brown, the godfather of soul, same thing happen with his estate.

he wanted half of the money to go to underprivileged children, the other half to grandkids for education and his wife and kids fought it, and they won. that's what i can't believe is that the court systems are allowing this to happen like with casey kasem? >> whenever you have a second marriage situation, which is prevalent in the united states, you need to take special actions to ensure that the new spouse is not doing battle with the adult children because it happens all the time. cheryl: is that prevalent in this age of, what, half of marriages end in divorce and all these blended families? >> half of first marriages end in divorce. more than half of second marriages that end in divorce. so with a second marriage situation, that's going to end whether it's at death or divorce, and we need to get the estate planning straight to ensure that your wishes are carried out. cheryl: let's talk about what people can do, give us ideas what people can do, especially

those in these blended families which so many families are in. you have a stepparent and children from the first marriage. >> health care proxy, naming someone to make medical decisions in the event i'm not able to make my own, and a living will, where i specifically set forth my health care preferences, and we also want to have a financial durable power of attorney for someone to execute financial transactions. cheryl: then when you say, there's a living will but you need somebody specifically in charge, power of attorney over health care decisions. >> you absolutely do. cheryl: okay. >> not every state honors the living will. so your spokesperson is the health care proxy, you can go onto your state department of health website, download the health care proxy form. you don't need a lawyer for that, and the living will, your specifics, that you give to your health care proxy agent, so they'll hopefully carry out your wishes.

cheryl: and also we've seen, i guess it's because of the web, you have the prevalence of online kits, online wills, online proxy, you're saying no. >> it's like do it yourself electrical wiring. it's very, very dangerous. the single most common online document is a trust. but how do you know which one to get? a revocable trust? sounds great but everything is subject to estate taxes. a purely irrevocable trust? we have a capital gains problem for the kids. you want to be in the middle but that could be 25 different trusts. you need a lawyer for that piece of it. cheryl: i was stunned only 35% of adults have a will. i'm guilty of that, and then you also have 75% of people that are 65 and older have a will. we're not doing this until we're nature life. >> exactly, a lot of people are superstitious, if you're young and think i don't have assets. think about your kids, you need

to do a will to name a guardian for the kids. cheryl: i was stunned to find out 70% of americans with children under 18 that live with them don't have a will. is that right? >> because it's the most difficult decision. remember terms of endearment and the gut-wrenching good-bye to the kids scene. none of us want to think about it. we need to appoint a guardian. cheryl: it's fear, it is, we're afraid if we do a will, it means we're mortal, something is going to happen. ann-margaret, thank you very much. >> my pleasure. cheryl: a time to look at stories on foxbusiness.com. the commerce department reporting retail sales rose 0.3%, well below wall street expectations, retail sales, escalating concerns over iraq and a jump in first-time applications for unemployment

benefits weighed on stocks today. dow fell 109 points. the s&p dropped 14 points. tesla company ceo elon musk will would open the patent library to anyone who would use technology in good faith. muscsaid he is taking the action to encourage the auto industry to make more electric cars like tesla's model s. you can give yourself and your phone a jolt. starbucks is introducing designated areas on tables and counters where consumers can charge stones and tablets wirelessly. the rollout is going to begin in the san francisco and boston areas before expanding throughout the united states. those are some of the hot stories right now foxbusiness.com. stay with me, because ask yourself this question, have you gotten dad anything? are you ready? coming up, i'm going hit the green. take a look at the hottest golf gadgets that make any dad's day. and the world cup.

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cheryl: the world cup is kicking off today and people around the globe are in a frenzy. but there are risks associated with what is probably the most popular sport in the world. joining me tonight is doctor steven flanagan. doctor, i think we have already believe that soccer was a safer alternative to football and hockey and especially for young children.

>> any context or, you are definitely going to see it. cheryl: do we need to talk about wearing helmets and a in a sport safer?ccer? >> well, that is a great question. but when we think about what happens with a concussion, it's really the brain moving around in the skull. i don't think that there will ever be a helmet that will prevent concussions. >> it seems like a lot of people are getting the chronic care manic encephalopathy. so why did we not know that he

had brain injuries? >> welcome it seems like it occurs in folks that have lots of repetitive injuries to the brain. and there's no diagnostic test for that and no definitive diagnostic test for concussions idle. >> so what do you say to the parents out there? >> be on the lookout for any changes in your child's behavior if they get hit on the field. it could be that they are confused. they may come home or feel very tired. not her, things like that. watch her child, get them out of plane. cheryl: girls are really becoming big soccer players.

but is there more of a risk for young girls playing soccer and young boys? >> there very well may be more of a risk for girls because as boys age they get muscular. and with the head moving back and forth, that's the culprit of concussions. so they make it like this. cheryl: do you think we should have a bigger discussion when it comes to soccer injuries? you think this is a being discussed enough? >> i think that we should be talking about concussions in all sports, whether soccer, football, baseball, or whatever. >> doctor flanagan, thank you so much. we appreciate you being on the show. >> thank you for having me. cheryl: while we are on the subject of sports, it's important to note that this is the biggest week of the year for the golf industry. earlier today i spoke with vic sullivan. take a listen to this.

>> but we have seen through the recession and recovery, as a lot of the high network spenders continuing to spend. but still the golf industry has been struggling over the last five years. so why have we not seen a comeback. >> it's difficult to play, it's inexpensive and it takes too long and there's a lot of initiatives right now. that's important, as kids have to play a smaller cores, just like in baseball and other sports, but the field can be sort of regulated. and so we create an experience and we are so different than others out there. >> you will be expanding in texas, arizona, a couple of the

states are pretty good when it comes to taxes. is that the motivation for you? >> we look for where the highest propensity of golfers are. last year we opened up a store in new york and another in california. we are really on a growth market. the owner and chairman founded home depot and he understands how to create an experience that it's all about customer service. >> show me a couple of the biggest selling items. because after that i want you to show me how to get better at the game of golf. >> we are going to sell over a million golf balls this week, remarkably. the technology is what we have in store the clothing has changed and so it is much more fun than it used to be.

cheryl: show me how to get better at golf. >> your goal is to hippest comedies or three balls. >> keep your head down, i don't want to move your wrist, but move your shoulders. >> okay, all right. so talk to me about this, one thing i found fascinating is the dick's sporting goods said that the worst part of business was golf. were you surprised? >> i think a lot of people were candidly coming to the store in this competitive field. it used to be that there were other competitors that were not doing so well. but there are some in the golf industry where they provide an experience. while the technology fits people. cheryl: okay, final head.

>> i just was told i was leading with my shoulder. i don't know what that means. >> 19 pga individuals across the country playing. and they are trying to expand we'll see if the industry comes back. we want to hear from you tonight. here's what some of your posting. have consumers given up any notion of privacy and michael says not getting lassoed by motorcycle out, someone from facebook is always watching. person of interest. okay, coming up next, do you

want to invest in a fixer upper family home? or do you want to invest in commercial real estate development? more individuals are turning to crowd funding to invest in real estate. we will investigate. and here are the numbers that matter to you and your wallet. we will have that next

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cheryl: crowd funding has been gaining traction. >> and this is what we are being told, by experts that ron dennis, this is the number one

crowd funding choice. is that what you are seeing here? >> yes, that is what we are seeing and hearing. it is a pretty creative concept. the whole idea came out of the 2012 jobs act or president obama was certainly advocating for. and it brings a lot of transparency and it increases the democratization of the access to information on products and services. cheryl: how does this work? for those that don't understand. everyone gets together with strangers you meet on a website and put all your money together and buy a house. is that what you do? >> there's a lot of rules that are fluid and so i will reserve judgment on that but basically out of 2012, a deep earth to

crowd funding and it removes a lot of the restrictions around online fundraising. so it's a lot like peer-to-peer financing that was done in the early 2000 from late '90s. the idea is to find ways to remove barriers for funding for small businesses and startups. let's give individuals the opportunity to participate in these rich opportunities that were reserved for the hedge funds. the internet is meant to be that rallying point where you can advertise terms and conditions for these investment opportunities. there are a lot of restrictions and they could get more restrictive in the future. >> do you think this is a good idea or a bad idea? a lot of people want to be in real estate. i know it's a popular investment. but is it a good idea? >> i like it on a couple of levels. the rules have yet to be published. but notwithstanding that, what i

would say is it's a good investment opportunity right now and there's a lot of people, we are all concerned about the millennial is being left out of the real estate boom. qualify for credit, they don't have jobs or wealth creation opportunity to participate in the new developments in their neighborhoods. also it creates a lot of other opportunities in terms of the growth of the economy and real estate is suffering from this. we don't have enough money for financing opportunities and credit is very tight. so on those levels i like that in a number of different dimensions. cheryl: i was looking at the numbers of "the wall street journal" crunched. we show some of the names to our viewers, 135 million and that is, that is a stunning number. i was surprised at how large that it is. >> it's a big number in crowd funding for sure. and i think it's an impressive number. if you think about real estate in the relative context.

let's just take residential mortgages, i know you did a great piece on a couple of days ago, so it's making steps in the right direction and it's probably serving the most underserved real estate market and that is good for the country and i think it creates high yield opportunities in an environment where there's not a lot of high yield and investments. >> i used to buy this with a friend of mine and i guess this is 10 friends or a hundred friends, if you can think of it that way. tim, thank you so much. thank you. cheryl: coming up next, the dow jones isn't that far away today. do you think of the stock market in general is overvalued? we have an answer that you will want to hear coming up next. (mother vo) when i was pregnant...

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stay on the dow jones dropping over 100 points after disappointing data on the economy. and a surge in violence that we told you about at the top of the show. we are covering your bottom line tonight with scott martin, chief market strategist and a fox business contributor. scott, hello. >> thank you. >> biggest headlines on the market today? >> i think the iraqi situation because it seems to be escalating at a pace that the market is basically not expecting and i think that that is giving investors cause and certainly we are seeing a float up in oil prices that is scary. so that is the main impact i think today, seeing how this plays out over the next couple of weeks.

cheryl: especially coming into what we are seeing, do you think that the market is overvalued and it was already overvalued going into this week and this is maybe a reason for investors to start selling off and moving this money around? >> i've heard this argument a lot over the last couple years and i think the thing you have to think about is an individual investor who someone is looking to put money in the market and where is the value? if you look at equity here in the u.s. or overseas and then you look at the counterparts like high yield bonds or corporate bonds or even commodities, those areas are more overvalued. so if you are saying where should i put my money and should i sell my equities right here, that seems to be about as good of an idea as cheating on beyoncé. and you don't hear that. [laughter] >> 70% said they were above this ratio.

and also that america's middle class, 19th in global media wealth. and you say that that is a major problem? >> yes, it's a major problem that's getting worse. the trick daddy is not getting any better, we've seen the income inequality widened over the last couple of decades and certainly that's not helping a lot of us out there. it especially the ones that drive the economy. in fact it's worse, that's putting pressure on the economy and in the meantime the market seems to be in the mood to absorb it. cheryl: event will be meeting next week. this seems to be a rally with an underpinning of the market there. which goes to your point of the marketing overvalued. do you think that the fed will address what the rest of us seem to be seeing, which is wages are stagnant and you have the health care issue as well?

>> i don't know if the fed knows. from a but mulroney talked about this a few months ago, it was going to kill the economy and it dropped about 30 basis points. somebody bought the bonds while the fed was selling them and you have to realize that they kind of got that message clear and now they have this gdp rate behind them with very weak consumer spending. so they have a ways to go. >> go ahead. >> i was going to say an economy that contracts 1% seems crazy to me. >> okay. you are in chicago. intel, really quickly. stocks have about 5%.

a pretty good forecaster now. do you buy a? >> i like to look at tech that has been on fire lately. and i think it's amazing to think that people are still buying pcs. and we all need to look at these pretty quickly here. >> we had the ceo of twitter talk about facebook and privacy in all and all that. are you buying into social media? >> i like it, but very specifically. i think that they have much more to offer and that is where a lot of the spending is going to come from on those platforms which still lookssa little overvalued here. cheryl: there you go, there is the investment story. thank you. all right, we are going to be right back with the answer our question of the day.

we asked people a question, how much money do you think you'll need when you retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to, like, pull it a little further. [ woman ] got me to 70 years old. i'm going have to rethink this thing. it's hard to imagin how much we'll need for a retirement that could last 3years or mor so maybe we need to approach things dferently, if we want to be ready for a longer retirement. ♪ if we want to be ready for a longer retirement. can you start tomorrow? yes sir. alright. let's share the news tomorrow. today we failrly busy. tomorrow we're booked solid. we close on the house tomorrow. i want one of these opened up. because tomorow we go live... it's a day full of promise. and often, that day arrives by train. big day today? even bigger one tomorrow. when csx trains move forward, so does the rest of the economy. csx. how tomorrow moves.

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cheryl: facebook is giving out more of its users aida. well, we asked on gerriwillis.com question of the day, 66% said yes, and 34% said no. interesting that 34% said no and be sure to log onto gerri willis our online question every day. and a simple birthday party would not do for president george bush. he was parachuting out of a plane this morning with his family cheering him on in his state of maine. so this is his eighth jump. the first time he jumped was under very different

circumstances. he was shot down in world war ii over the pacific back in 1944. pretty rough landing. but he made it and he looks great and we wish him a very happy birthday. that is it for tonight's "willis report." charles payne is coming up next. charles: tonight on making money, we follow it and al qaeda is on the move. plus, what do you pay at the pump? what it means an absolute power corrupts absolutely. google is watching over every move of facebook. so what is to stop these mega corporations from using their knowledge and power in a nefarious way? plus, i have an investment idea for you inspired by none other than andy warhol.