say is paralyzing consumers. this guy. meet a man who raised more than $70,000 to crowd fund, potato salad. why jamie dimon was destined for greatness. why your birthday month affects chances for success. we have breaking news right now. let's go right to peter barnes with with the latest on the fomc minutes. peter? >> melissa, the fed wrestling how to exit stimulus programs. particularly how to eventually and when eventually to raise short-term interest rates from zero right now. and how to communicate its plans without disrupting financial markets and the economy. these are the minutes from the fed's last policy meeting in june when it voted to continue the taper. the minutes say, quote, overall, participants generally expressed a preference for a simple and clear approach to normalization that would facilitate communication to the public and enhance the credibility of monetary policy. quote, it was observed that it would be useful for the committee to develop and

communicate its plans to the public later this year, well before the first steps in normalizing policy become appropriate. the minutes also say that many fed members continue to judge labor markets as too slack. that is a position that would support continued low interest rates. fed members also said they would give a central role to one interest rate tool they could use. they plan to use when they normalize policy, adjusting the interest rate that the fed pays banks for the trillions in excess reserve, reserves that they have on deposit at the fed right now. melissa? dierdre: peter barnes, thank you so much. i want to bring in my panel forereaction. co-host of "fox & friends," brian kilmeade. president of schaefer asset management. dan schaefer and james from "the wall street journal." you heard that second grade version of the fomc minutes. they will speak clearly and show their work. what do you think? >> i think what we like is clear statement when they will start

bringing rates back to normal levels and we were hoping there would be a bigger statement of more or many of the group want ad more hawkish stance. we're not seeing that, at least in the initial report. so i'm not sure there is a whole lot of good news there. melissa: dan, what is your reaction? >> they have no clue what they're doing. melissa: that is pretty harsh. >> they don't. if you think about it, unemployment below their original targets. interest rates staying low. gdp went negative. melissa: they're blowing off. >> velocity of money is going nowhere. wages are down. look what happened with earnings coming out just now this is not working. this experiment they're trying is not working and could put us into another deflationary environment. melissa: one of the big themes dan just mentioned, people are not spending money. what do you think, brian? >> i think they're right. best people in the world, hillary clinton has. she knows indications are positive many in cases for the administration. what does she do to want to sell their book and like every woman and next candidate of the united

states, the economy doesn't feel great. doesn't feel right out there. i think we could do a lot better. that is what her stats are saying. she is talking to people. that is what the average person is thinking. fearing we'll move off zero and move up. >> i'm not sure people aren't spending. you have seen very recently credit card charges going up. melissa: that is, they're saying people have lapsed in the place saving money, not spending. waiting for big holidays if. >> some are saying that. aggregate credit card data is saying more spend something happening. we've run the low interest rate experiment for years now. we talk about inflation but the other risk is misallocation of resources. manipulating, money, investment goes to the wrong places of the that is what they have to stop. melissa: great point. mortgage security sales of after months of choppy negotiations with the justice department, the bank close to a deal that would reportedly cost it as much as

$7 billion. dan, let me start with you on this one because analysts estimate citi has only three reserves for fines so if it is seven? >> this is ridiculous. federal reserve goes back second time to make sure the banks are stablizeed and bailing the banks out to keep them alive and so they can slaughter later. happened with jpmorgan. bank of america has the issue with the forced purchase of merrill lynch which they didn't want. so they pumped money in. kept the entities alive and said to the american people, now we'll go after them. now they will take their money. capital reserves will not be there. that is dangerous right now going into the next deflationary scenario for the environment. melissa: yeah. >> i wonder where that numbers comes from. just -- melissa: thin air? >> seven billion, well, similar to the credit suisse nine billion for completely different set of facts. people compare it to the jpmorgan. i think these things are just pulled out of thin air. it would be great seeing the justice department actually have to explain them at some point.

i really wonder, was any of this stuff, was it really illegal if all the banks separately, uncoordinated with high-priced lawyers were doing the same thing? melissa: yeah. i want to get back to consumers. we were talk consumers being in a funk at beginning of show. the contakenner store ceo echoing comments made by walmart's chief, sounding alarm on lackluster consumer spending saying people don't feel good. they're not out there spending. what do you think. >> first off on citi, they can't get a break. can't win on the feel and citi field, it is absolutely incredible. weren't the banks pushed into doing that by the government. >> absolutely. >> unbelievable that people are trying to make money off banks that they're trying to make money. what was your question? melissa: my question was about consumers, the container store. the ceo saying there is retail funk going on. this is on back of other comments heard yesterday. >> that is one that one store, right?

container store. do they feel that is indicative what is happening in retail overall? melissa: yeah. more and more ceos are coming out saying the same thing, saying -- walmart's ceo was out yesterday saying consumer habits have changed. they splurged for the 4th of july. they're splurging for back to school but in the middle they're not spending at all. we sort of from the middle down have changed our habits because we feel like over all these years of the recovery, the economy is not getting better. do you think that is true? >> i don't think it is true. melissa: really? >> if it is true i would feel better for the country. we're getting smart on our spending. not spending extravagantly. melissa: good point. >> maybe in the long run we'll be more responsible. melissa: 70% of gdp. if consumers don't spend i don't know how we get the economy going again. replace it with something else more productive? >> the participation rate of people employed in this country is extremely low. salaries, wages are not growing. people are getting smarter. they're changing the way -- there is social shift in this country not to spend the way we used to before 2009.

i mean think about it, interest rates at zero. melissa: i would hope so. >> interest rates are at zero. they can't get growth. we have a negative number. people are not spending. they're not going out to eat at fancy restaurants. they're not buying fancy cars. >> credit card data suggests that the spending picture is not that bad but still an economy kind of bumping along. i think we should worry less about the consumer and more about the producer. i'm with the old-fashioned idea that production, supply creates its own demand. if we get more encouragement for businesses to create things people will buy then. melissa: yeah, that's a good point. speaking of which, jeff bezos and company may be in for a taste of their own medicine in sun valley. reports indicating that the security at alan and company is on high alert for drones. supposedly drones are spying on ceos to see if they're meeting with. i haven't seen jeff bezos go anywhere lately without a drone. now one is spying on him. so it is fair. >> drones bumping into

helicopters and bumping into other people and spying on people. providing shots for news. i'm surprised there is such a need to see billionaires in casual clothing. >> yes. melissa: he looks great. they look good. they're casual. doing their thing. >> that is what a billionaire walks like? >> yes. melissa: isn't that amazing? >> look at security. no one can get through the bike rack. >> that is amazing footage. that will blow up on youtube. melissa: it already has. >> those two just met. look at name tags. melissa: frontier airlines winning over passengers by turning lengthy delay into many r impromptu pizza party. he ordered 38 pizzas for the 160 people on board. someone should have tried this on charlie gasparino, who was also stuck on the tarmac en route to sun valley. my wife must have made a call. the stewardess keeps pouring me vodka to keep me quiet.

i don't think vodka keeps charlie quiet. i think it has opposite impact. >> let's try experiment. do it for tomorrow's show. melissa: >> adopt this policy on new jersey transit. the pilot has sense of ownership like he is responsible for what is happening. >> down payment to travel on long island railroad. it is so expensive. how cool that a cheap airline on frontier, has a captain splurge for pizza. i prefer they get off the ground. melissa: 38 pizzas that is expensive. he spent a lot of money out of his own pocket. what do they pay him to fly the plane. >> i think they want to prevent a mutiny, outbound mutiny. melissa: self-preservation. i can respect that. >> good-hearted gesture. after all this good pub blissty -- >> they kept pizza people there later in order to make 35 pizzas. they were heading out the door which is sad. how do you know what tarmac to deliver to? melissa: i had at love

questions. >> pizza guys in wyoming. those are the real heroes. >> how did the pizzas get through security? bring them on over here. >> don't look at box. take kilmeade's shoes. melissa: we're out of control. all eyes on the border. president obama going face-to-face with texas governor rick perry tonight. no plans to see the crisis first-hand though. wage rage across the nation. one fast-food ceo not loving it. more "money" coming up. ♪

melissa: another look at the markets after the latest fomc minutes were released at top of the hour. let's go to nicole petallides on the floor of the new york stock exchange. what are traders talking about down there? anything sticking out? >> the first thing you should know we really didn't have huge moves. traders wait for the fomc minutes quite carefully. they wait all day to see whether or not what happens. that is nice intraday chart. it shows a 24-point drop right at time we had the fed minutes released. that being said, we've held on to the gains.

we're up 37 points. know that the fed are basically going to continue to taper that bond-buying program. jpmorgan pushing up when rates will be raised up to the third quarter of next year. the big picture, the vix, the fear index remains to the downside. you still have the up arrows across the board, melissa. looks like we're regaining momentum. there was wait and see and a lot of anticipation. now it will be for tomorrow's jobless claims. back to you. melissa: nicole, thanks so much. president obama is taking heat for his trip to texass just hours after asking congress for multibillion-dollar emergency fund to help a growing crisis at the border. the president is traveling to the lone star state. but he has no plans to actually visit the border. fox news's casey stiegel live in dallas with more on this one. casey, take it away. >> hey, melissa, we're awaiting on the president's arrival the primary visit here in texas doesn't have a whole lot to do with the border. president obama is primarily

here to fund raise. he has some charitable events on calendar today in dallas. he will be down in austin tomorrow doing much of the same thing. in terms of immigration the president we can tell you will attend a special roundtable in dallas, local leaders, clergy will be on hand, including his pal, texas governor rick perry. they will be brainstorming how to deal with the flood of illegal immigrant children coming into this country. this is a really a showdown of sorts. perry wanted an official meeting, a sit-down with the president during his trip to texas. instead, the white house invited perry to greet mr. obama at the airport. perry said no thanks. they ultimately settled inviting the governor to this roundtable. now a handful of republican lawmakers, as you know, including perry still very critical of the president's choice to not drop by the border while he is here, while the administration maintains a visit down there is not necessary.

listen. >> the president is well aware of exactly what is happening on the border and what we're focused on right now are not political statements that would be made with a, with an appearance but rather with specific, concrete action, steps that can be taken to mitigate this problem. >> press secretary there basically saying that just by showing up and doing photo-ops it is more of a political stunt and to get your picture taken. instead he says the administration is more interested in action. as you know, plans always change, melissa. we'll see if there is a detour down south but we understand from sources at the white house that is entirely unlikely. melissa: interesting. casey, thank you so much. i want to bring in our panel. we have brian kilmeade and james freeman with us still. this is dicey. it feels like a katrina moment. you look at pictures of what legally appears to be humanitarian crisis. he will not stop by. go ahead. >> how unbelievable, schedules

two fund-raisers not knowing this would be catastrophe, crisis at the time. he is in texas, and not growing to the border. i agree with josh earnest, is a photo-op. don't show up at sandy. don't show up after tornado, because don't show up after any catastrophe you're admitting they are photo-ops. he wants $4 billion because we need to pay for these kids who are in airbases and shelters. this is a tragedy that needs immediate results. melissa: it is frustrating that his response is just to ask for double the amount of money that he actually said. that is it. that is what the response is. let's get money. >> we're at this point because he, and some republicans like this as political issue. he has done very little to try to solve the problem. i know these pictures are very dramatic. i just hope we understand that many generations of americans, including very young children have come over to be reunited with members of their family in the past. this is not the disorderly way we want to have it but

basically, big reason this is happening, these are kids from central america coming to meet parents who came here to work. >> sometimes. i don't believe all those stories. >> one of the reasons we're having this crisis we don't allow people to come and go to work, to meet the needs of our economy, whether it is seasonal work and in restaurants, picking vegetables et cetera. and if we allowed labor markets to runway we like goods and services markets to run we wouldn't have that situation. melissa: you disagree with that. >> i disagree. they're coming on trains going through mexico, because of perhaps of 2008 law. perhaps because of a change to the d.r.e.a.m. act from a couple years ago. why is mexico allowing them to do this? why are these countries allowing them to do this? they understand this is catastrophe here and burden on us. they're throwing this on us. america is pro-immigration but this is wrong. >> perspective from mexico is diminishing. it is coming, increasingly from

central america. and a lot of these kids, like i said, they're doing this because this is a window, as you said. we haven't done a comprehensive immigration reform and because their parents don't want to come back to central america. melissa: do you think, getting back to topic at hand today, do you think the president should go there, first-hand, go visit border? >> you mentioned sandy example. it was weird before the re-election. get a windbreaker to walk along the jersey shore. melissa: why doesn't he want to be a part of this photo-op? >> working theory, if he is sitting there looking out at a bunch of kids on 7-eleven blankets, that is a it about of issue doesn't want repeated like president bush looking out of a plane. he sat in front of a wall and laughed at republicans who claimed the border was not sealed. who is laughing now? talked about alligator and moat. clearly if a nine-year-old can break our border strategy -- >> he doesn't have solution. not clear he wants one. melissa: thanks to both you guys. it is a staple at every summer

barbecue but this is one pricey potato salad oner note there. we have soon to be loaded genius behind the $70,000 spud-inspired side dish and all of its potato glory. speaking of food, doritos is giving hundred customers a run for their money. munchers. they are spicing things up for snackers one bite at a time. the dangerous game of doritos next. do you ever have too much spicy food? ♪

melissa: all right. looking at the fed, driving all three major sessions to highs after briefing cutting gains.

consumer discretionary leading the way. fewer jobs higher food prices one executive, cke restaurants ceo, andy pozzer in, voicing opposition to the pay hike backed by president obama claiming it would be destructive to the workers and economy. here is capitalist pigs jonathan hoenig and fox news contributor. we have dawn, from ashcroft partners and james freeman is back with us as well. i will start with you. so ceo of cke restaurants saying what businesses do, they just increase their prices and move to automation and have less jobs. do you believe that? >> i do agree. i think he makes a lot of good points. if you increase the minimum wage, are going to be laying off people, less jobs. i think everybody loses. melissa: yeah. >> i think the way you enhance jobs, stimulate the economy, create more jobs, create competition between employers.

melissa: jonathan, hardee's and carl's, jr. started with ipad ordererring. this is very much where this goes, huh. >> wages are not arbitrary. they are not paid because you like someone or feel bad of them. they are indicative of reality of free market trades. to the guest's point, minimum wage, any minimum wage, certainly higher minimum wage hers jobs that is not my guess. that was finding of the labor department back in the 1930s, when the first minimum wage was enacted. in fact the most prosperous period of american history occurred before the minimum wage was enacted. here in chicago they're talking about 13, $15 an hour. melissa: right. >> you don't think if youth committing some of this violence could have benefited from even a low skilled, low wage job? of course they could. this is the result. melissa: that is great point. rahm emanuel is pushing for $13 minimum wage by 2018 even though city hall says it will increase food prices by at least 2%. >> they're looking for ways to maybe delay it slightly.

melissa: yeah. this is crazy underestimate what they be. 2% increase to pay for that. >> the yes, if government can make us all wealthier, why don't make it $100 an our or $200 an hour? carl's, hardee's , jr., more expensive but price sensitive. they have to watch their costs. melissa: l.a. hotel workers want to change it to 15.37 an hour. that will create spending of an additional $70 million in the area. they do the math right from the wage. that money comes off tree into hand of hotel workers where they immediately have it to spend extra in the economy. do you believe that? >> i completely disagree. melissa: no money tree. >> going back to chicago, they want to increase the minimum wage by 57%. if you do that you will reduce number of jobs. people benefit in the short term, but long term everybody loses. melissa: thanks to all of you. go ahead. i didn't want to cut you off. >> it is discrimination against

low-skilled individuals. i think that is the biggest crime. not just only lose jobs you but lose opportunity for people to learn skills to become not low-wage workers. melissa: absolutely. thanks to all of us guys. situation between israel and palestine is worsening as fighting at the border reaches a fever pitch. the new warning we could all be missing. a much larger and scarier picture. >> >> plus the eye-popping dollar figure that make you rethink your summer plans. see how much twitter interns are raking. of hashing that money coming right up. ♪

melissa: the situation in israel worsening, eight people i debt after the heaviest fighting between israel and hamas in two

years, the rockets are firing, could be missing the bigger picture taking place behind-the-scenes. national security analyst k. t. mcfarland joins me for what the bigger picture is taking place behind the scenes. >> the fight has gone on 100 years, the cycle of violence, the response, it escalates, who eventually wins? who is doing this now? is the timing? why not six months from now? i think it is because guess what else is happening to get there are talks in geneva about iran's nuclear program and the supreme leader of iran said not only are we dismantling their nuclear program, we want to wrap it up ten times bigger than it already is so those negotiations the administration profited six months ago, it is likely to go to an extension and what will happen is the market forces will pressure pressure pressure, those sanctions get lifted whether iran gets a bit snooks

or not. melissa: in iraq, the extremist group basis for ending al qaeda's reviewed asian as the top terrorist group, seizing control the largest oil refinery robbing the country bank of nearly half a billion dollars, the un confirming the militant groups seize control of iraqi chemical weapons sites. what do you make of this? is isis eclipsing al qaeda? >> it is the take away for a lot of people. al qaeda was on its heels, usama bin laden was gone, they were not in pakistan. it is the al qaeda franchises that are taking over and isis is an al qaeda franchise and they have a charismatic new guy, what he has done is blitzkrieg through iraq. decontrol the good third of iraq, robbed the bank, got half a billion dollars in his coffers, a new oil field and taken over chemical weapons. melissa: we are focused on money, all this pr, isis is

everywhere. has to be great for fund-raising. for many point of view that is what is going on here. >> he will be the new king of al qaeda. islamic jihad. not only has he taken land, money and oil but said i am the new islamic empire. i found out my sites are elsewhere. i have most of syria. i want jordan. thinking of lebanon, the sinai peninsula. melissa: you don't think we should get involved? >> i don't think we belong in anybody's civil war especially one that nobody is going to win but that doesn't mean we sit back and do nothing. we understand we have an e. essential national-security interests in oil, better find a new place to get oil, american energy independence and not rely on having the world's oil in the hands of al qaeda, iran or russia and get serious about homeland security because there are as many as four thousand

european passport holders, they will come back home and we got to protect ourselves. melissa: always very insightful, thank you. let's check the markets have bring major averages near session highs following those minutes. james, what are traders saying about the fomc? >> this is a non-event here just like we have seen the last couple months going into the minutes, had a very choppy trading range. the minutes come out and stake out highs. isn't the futures are 15 points off of all time highs after a very natural pool that going into earnings season. alcoa reported better than expected results. is not the bellwether stock most investors think it is that it is good for the cycle coming ahead. expectations are high and the driver the next leg higher will be earnings. melissa: a 72 on the dow. whether it is on wall street remains free guess who is making

money? starting with interns at twitter, the interns of $81,000 a year, $7,000 a month. way more than the $6,000 you get at facebook and it comes with of valuable perk like free housing, transportation, not to mention free meals. trying to make some money, very angry john the duke wayne, members of his family want to use his nickname on a special brand of duke liquor but do university didn't like the sound of that so they blocked the trademark application. the waynes are suing the college for use of the word saying there's no reason for consumers to of want to link the two brands. this town is big enough for the both of them after all. making some money from the crumbling empires, the person auctioning off this cupcake on ebay from $250 is said to be the

last ever peace from the store that closed every single one of its locations. this particular cupcake is described as the holy grail of conventions. who else is making money? the brains behind this very appealing does? a kick started the created world's most famous potato salad. you won't believe how investors are fettered of. you can't miss this interview. at the end of the day it is all about money. really... so our business can be on at&t's network for $175 dollars a month? yup. all five of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line anytime for 15 bucks a month. low dues... great terms... let's close. introducing at&t mobile share value plans...

...with our best-ever pricing for business. when the world moves, futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with paper money to test-drive the market. all on thinkorswim from td ameritrade. 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 ] well there is biotene. specially formulated 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. melissa: i am melissa frances with your fox business brief. nebraska supreme court may announce it will hear oral arguments on the keystone pipeline in september. that could postpone any final decision of the project until after the midterm elections. an announcement from the board may come as soon as tomorrow. reagan has been sentenced to ten years in prison on corruption charges. the former mayor of new orleans got less time than the recommended 15 years. with the judge saying he profited less than other members of a scheme related kickback from contractors. shares of reynolds american continue to climb on speculation it is about to be taken over. report by a british tabloid

suggested british-american tobacco might buy the 68% to doesn't currently own. that is the latest from the fox business network giving you the power to prosper.

my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. >> this guy in ohio is making news after he raped $35,000 on kicks starter so he could make a

potato salad. $35,000 for a potato salad or as a whole foods put it, that is about right. melissa: about that potato salad, it is of to $70,000 and counting, those are no small potatoes, the genius behind it now, zack danger brown. that is a lot of potato salad, $70,000. how big is your bowls? >> thank you for having me. it is going to be a big bowl, a really big bold. we need to offer 5,000 bytes. melissa: at least. you might be borrow enough playful of trouble. is not like you can run off into the sunset and buy a car or something, even donate the money to charity. if you look at the rules you pretty much have to make potato salad. how you going to make $70,000 worth of potato salad?

>> we can probably find a middle road. we are looking to take what ever gets contributed here, fulfill all the promises we made it and with the remaining money we want to do the most good we can possibly do. melissa: do you know how to make potato salad? >> i have no idea. that was the point of this kickstart. i was hoping to get some backing from the internet to learn to make potato salad. melissa: there are some straightforward recipes. we would love to help you out with this. we have two good ones and we will send them out to you. the first one is still pickles, yellow mustard, salt and pepper, $70,000 won't do it so i feel like you got to step it up a little bit. we found an advanced recipe, danish. cheese, buttermilk, red wine

vinegar, dijon mustard, bacon strips. do you like that one? >> that sounds delicious. melissa: the thing about your story on a serious note is it is such a commentary and kickstart. i feel like of principle behind it is you either are randomly donating money to someone so they can get rich off their invention or you are throwing your money away on something silly. you are sort of the second one. people like throwing money away on something silly. am i wrong? straighten me out? >> you are wrong. that is okay. tough to see right away why this is so valuable. what people are -- our backers are getting to have a little amusement by getting involved, having their names read while i am making the potato salad or getting potato salad steam and

written about them and then they can know that the rest of the money will make a go -- make the world better place. our average contribution is $7 and i think that is pretty good to get the amusement side but knowing that you contributed to a good cause. melissa: hobbit tastes delicious. we will be following the story. all right. from potato salad to potato chips, doritos kicking off a new variety in canada. most of the tasty chips are not so cheese flavored which is delicious but a quarter of the chips are a, quote, solid slap in the face hot, sadly there is no word on if the rio light will make it to the u.s.. james and jonathan, what do you think of this? i feel this is a little bit scary, one in 25 will blow your head basically. >> people talk about innovation, it is a silicon valley thing.

stepping up, providing tremendous entertainment and some products you never want to change, some product innovation makes it exciting. melissa: are you ready to play doritos roulette? >> it continues a wonderful tradition going back to jolt cola and sour pack ribs, extreme eating. they make eating quite fun and i haven't tried the door reno's roulette but i have been munching on the spicy nacho and they are crazy hot. i would try these. i think it is a brilliant campaign. unlike the double down everyone is talking about. melissa: one more rafters this. we want to bring in cheryl casone to give us a sneak peek of what she is going to do to try to follow the potato driven show. cheryl: watching jonathan each

food on television is fascinating. melissa: you keep shouting down really quick, "countdown to the closing bell". big story, one of my favorite topics, the chinese are coming in and they are buying an incredible amount of u.s. real-estate, not just the residential side bet in particular what does this mean to the housing industry? we will get his take on what is happening with regards to this influx of chinese buyers of u.s. residential real-estate. is this good for america? not so sure. and as i am sure you noted at 2:00 p.m. eastern time, after those minutes came out, gold jumping up, we got an all-star panel coming in, talk about what the minutes means the market, we have a former new york fed vice

president and brian westbury chief economist, a lot coming up. back to ships. >> in the meantime this is the biggest story of the day. go pro shares is on a roller coaster ride but what happens when you throw a goat into the mix? go pro. you are looking at video of a goat who is listed on facebook as an australian public figure with 700,000 followers. he has been traveling around the outback with one of the popular devices strapped to his head. documenting all inventions along the way. the go from obviously is helping us do things, talk about innovation. this is innovation. >> this is absolute innovation. knowledge is hierarchical. we build on previous innovations. a goat -- this would not have

been possible ten years ago. no wonder shares are shooting higher. melissa: shows you with innovation can bring. >> weighing the evidence here i think i would rather eat the ships than potato salad or travel with the go pro. melissa: there is a nauseating affect world three things, that is the unifying theme. racing to the poorhouse, quality keeping hillary clinton awake at night. until you ask her about the hundreds of thousands she is making for every speech, piles of money for hillary coming next.

melissa: another day, another race for the poor house, hillary clinton under fire for her comments again about her personal wealth. this time siding with french economist thomas, here is the editor in large of potter.com and fox news contributor mary catherine had and james freeman with us as well. this is the topic that won't no way mainly because mrs. clinton keeps putting her foot in it. she is talking about in committee quality, it makes people--people of lost trust in each other and the political system is threatening the economy, threatening democracy. what do you think? >> she has had 20, 25 years to come up with a satisfactory answer to this question and five by its of the apple to clarify this has come up very well but mainly because democrats painted themselves, rich democrats which most of them are painted

themselves into an affluent corner where if you make financial success the hallmark of a moral failing as they have then you have to explain why your wealth is not and they are not so good at doing that. melissa: you have to keep your money away, they immediately pointed this out to her in the german magazine that said the average annual income and american household is $43,810 and you learn $200 an hour for speech. can you understand if people are bothered by that? is tough to dance around. >> here is the thing. for hillary clinton people are not upset she is rich. they are upset how she got rich. was not doing some thing virtuous like selling people a chance to watch the make potato salad. she was doing something different. she is engaged in muckraking, she was a door opener, she was in political power, she and her husband were in maximum position of political power after they

left, they made $155 million for doing what they call hard work but was not anything so the problem and, books and speeches. it was not that they have the dough but people resent that it occurred at the nexus of money. melissa: she says that has never been the crux of concern because we always had people who did better than other people like herself. it is just accepted. >> it should be accepted for everyone. it is a self-serving answer, i agree with hillary clinton and is great she is pushing against much of the democratic party saying -- melissa: get in there. >> correctly stating mobility, the ability to rise is what is important. melissa: the feeling of being a self-serving answer was correct although i do enjoy incidentally because she is that politics she does end up by default pushing

back on this notion. the final word to you, go ahead. >> she's not going to get past this. like mitt romney she will continue to struggle when it comes to talking about her wealth especially because it was not nobly earned. this may be the toxic assets that since the candidacy. melissa: thanks to all three view, potato salad for all of you. forget blood, sweat and tears, something simpler will get you to this, it all comes down to the month in which you were born. at an end of the day it is all about money.

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>> so think can you get to the

sea suite with hard work and long hours? for success it comes down to the month you were born. in folks born in summer months like july are the least likely to become the top dog making up to just 6% of ceo's, while those born in march have the most chance of becoming the big boss. jamie dimon, mitt romney both march babies destined to be ceos. falls in the school year that july babies are often the youngest with the older kids more intellectually behind them. >> disappointing, when i saw march i thought that meant excuse for lack of substantive achievements, given the fact i was born in february, it is an advantage. >> i know. >> maybe you could just make potato salad and solve the problem or get a go-pro. >> certainly going to try. >> that's all i have for you,

hope you're making money today. tomorrow we are taking you on the ride of your life. to kansas where the world's largest water slide opens. 17 stories above the grounds, taller than niagara falls. wow! countdown starts right now.. rebound or retreat? after two days of losses, investors look for reasons to buy. will today's fed minutes give buyers a reason to run with the bulls? plus are there any hints about earlier than expected interest rate hike? buying into the american dream, it's not just for americans anymore. a huge jump in foreign investors snapping up residential real estate could fuel the housing recovery. who's leading the charge and where the foreigners are buying big. brazilian heart break, suffering one of the worst defeats in front of the entire world is a tough pill to swallow. brazil's humiliation sparks