economists are expecting order to rise, after falling a half of a percent in may, the willis report is next, a new warning from a consumer group. gerri: plant at center of the asian food safety scandal is government approved to shipped process chicken to your neighborhood grocery store. also coming up on the show, one year, that how long it takes to get recalled cars off of the road and fixed. we'll tell you why it takes so long. the best way to complaint about crummy service and get results. >> why is a homebuyer's t tab soaring? the willis report, where consumers are our, starts right now. >> we begin with chinese food. not type you order from a local restaurant but chinese food you

may not know you are eating. tonight, a lobbying group calling on the federal government to block chinese process chicken from reaching your dinner table of move comes after a major scandal involving fast-food restaurants, is supplyed by chinese plants, patty la berra with food and water watch, they are asking for this change. patty, tell us, it has been a year since the government said it would be okay for the chinese plants to process chicken for the u.s. marcet, why are you -- market, why are you writing letters now asking for change? >> usda has not let chicken come in yet from china, but they are poiseed. to we don't want it to start, a lot of folks heard the news reports, about a scandal happening in china, with processed chicken products that were going to fast-food restaurants in china, when the usda went to china, they went to check out the food safety

system, they went to the planning, said it was run properly they said it was okay. >> they said it was okay, as i understand, you correct me, if i am wrong, one of the plants in middle of that scandal where post dated meat was put in fast-food restaurants in japan, and china, that plant right there, what were they doing there? why the chicken that was post-dated meat post 46 dated? >> i think people are trying to get a handed on, that including company that runs plan, which a u.s. company, a chinese subsize ware. -- is up cid war subcid wear, ta lot of questions figure out what broke down. did was chinese media check posed this there has been a lot of soul searching in u.s. plane u.s. food companies operate in china, they say we bring our expertise in food save

the to the plants there. gerri: i want do show folks, this is confounding to most of us, so, here in u.s., we put these chickens -- i don't know on a plane or a container ship, then ship is 7,000 miles they process it? take the feathers off, cut it off, and send it 7,000 miles back, how is this cost efficient? >> that is the question, it not happening yet, but usda says they are about to let it happen, we thing is half measure to get to ultimate you will go that is to have -- you will g goal thate chickens raised in china, and processs there as well. gerri: let me tell you why i find this concerning. we have seen china let's record

for safety, it is not safety, mercury in baby formula, tainted milk powder, they killed a bunch of dogs in u.s. with pet treats that were contaminateed. what is record in your view? >> the food save the record in safety record in china is appalling as do many chinese consumers. so we think that is not time, it is far too soon to say we should bring more food from china in. we already bridge a bunch of different food products in. gerri: before you go. we talked to perdue today. what they said, we don't use chinese chicken, we don't plan tto use it in our branded products, what does that mean? they sell it in other ways? >> well, i would like to follow-up with them, and figure out what they meant by that word branded, it could mean things that just say perdue on them or

things in a cafeteria or a restaurant, or a store brand uwe get to not let this stuff in, or if you let it in, it should be labeled. gerri: no labeling rules on that people, that is a frightening thing, patty thank you. and as a story, goes on, you must come back and talk with us more. >> thank you, i will. gerri: now we want to know what you think, our question, would you buy chicken if you knew it was from china? log on to gerriwillis.com, and vote on the right side of the screen. >> just the thought of importing chicken from china is enough to ruffle metherer -- fellerser fey americans, a farmer is outrageed, brian is joining me now from family farm in sailors

berg, pennsylvania, tell me your reaction do this, should we be eating chinese chicken? >> um, i think absolutely not, when you know we produce great chicken right here in the u.s. gerri: you -- this is your livelihood, i see chickens there in thin the back ground, what du think it the risk to american consumers, eating chinese chicken? >> well i think, i don't know a lot about china, but if you watch the news it looks like it is not healthy to be a person in china, i can't imagine what it is like to be a chicken in china. it is pretty scary how many hands touch that chicken between here, over you know like you said across the ocean then back. that chicken has traveled a long way. gerri: is that a safety issue, just the travel, forget about how good processing or clean it

is soar good the procedures are, is the travel alen a problem? -- alone a problem? >> i think it is, because you know further it goes more chance there is for contamination. the more people involved with it it might go from a you know, a farm, to a shipper, back to a processing plant, to a shipper, you know, it changes hands quite a few places, everyone has to be responsible and do the right thing. gerri: brian, we have problems keeping chicken safe here in this country, with salmonella, they are well publicizeed. should we be bringing in chick friend anywhere else -- chicken in from. anywhere else, isn't this a category that we should be buying american? >> absolutely, for no other reason, than if you keep money in your local economy, it keeps

going around, if you buy chicken from me, i pay my employees to help raise it and a local farmer for feed, that money might comeback to your. does not make sense why we would be spending money in china for chicken, whether we have a lot of great u.s. farmers here. gerri: i just, i introduceed you as a family farm, your family hafamilyhas been in this farmina long time, how long has it been and how ther different is it no? >> my parents bought the farm in early '70s, i started after college, turned into a commercial operation. i was in an environmental science. and wanted to do something you know in environmental field, and realized that farming is the best thing you can do, that impacts the environment in so many different ways. so, we decided to be a sustainable responsible farm, we

do a little bit of everything, each thing feeds into the next thing. gerri: apple ridge farm uthank you brian, appreciate your time. best of luck with your farm. >> thank you, thank you for having me. gerri: latest development in new recall story, the fruit recall, last month, recalling more than skin,0016,000 pounds of peaches, nectarines and plums shipped between july 1 and the 12, they are extending it to july 17, they have not found the source of listeria. they were in companies like costco, and trader joe's, and walmart. the good news no new products have been packageed or shiped from the packing company. that is good news. gerri: and sill a lot pore to

come, including your voice, it is important to us, that is why during the show we want us to facebook me or tweet me, or send me an e-mail. at the bottom of the hour, ill read your tweets and e-mails. >> why does it take so long for a recalled car to get fixed? the dangerous consequences of slow-moving investigations, coming up, after the break.

shingles affected me tremendously as a pilot. the pain in my scalp area and down the back of my neck was intense. it would have been virtually impossible in that confined space to move to change radio frequencies. i mean it hurt. i couldn't even get up and drive let alone teach somebody and be responsible in an airplane.

as a pilot that meant i was grounded.

gerri: so why does it take so long for a recalled car to get fixed? it's easy to points fingers to automakers but they are not only ones to blame. so, i was blown away by fact that on average, it takes a year to go from the problems to a actual recall, getting the cars off the road, sometimes longer, whwhy so long? >> we found in a third of our cases it took more than a year from the time regulator started an investigation, to the time

that car owners got notices saying they should get their car fixed, in more than 10% of case its was two years. gerri: you say there are a lot of people to points the finger at not just automakers but regulators? >> auto regulators blow through a lot of their inter internal deadlines. in more than stench% of the -- 70% of the cases they missed those targets. gerri: you told a very interesting story about the jeep grand cherokee, what happened there? >> a case that the investigation started in 2010. and still ongoing, 4 years later. gerri: wow. >> today, car owners got notification saying that they should go get their car fixed, 4

years later. now, in part of that is because chrysler said, this recall is not necessary. and fought back extensively pwaepbgs thalyagainst that reca. gerri: i think that the companies are slow themselves bunhtsa is not fast, you say thy blow through deadlines, should their pr procedures be changed. >> nhtsa said, they are pushed back because of the push back from the companies,. gerri: you can only have so much patience with them. >> well, i think both companies and nhtsa play a role in how long this process takes. gerri: we have news this afternoon, that new york is first city to ban sale of used cars with an open recall, and it may be that you see, more states more localeties more cities in town, take similar actions when in a see stories like yours that

show how long it takes to get a car fixed. but, even if you have a recall, people don't get their car fixed. that is on consumers. >> right, actually, government accountability office report in 22011 said about 23rd 2 -- onlyn two-third of cars get fixed after a recall, a lot of people fall through the cracks when a recall is announced it can be months or a year or two later, before parts are available or consumers get notices. gerri: wow. unbelievable thank you andrea. >> absolutely, great to be mere. gerri: lawsuiter in show, walmart -- later in the show, walmart takes a huge digital step to get your. >> tips on getting the most badge for your buck when it comes to complaining to a company, we'll get you some money, something anyway.

we never thought we'd be farming wind out here. it's not just building jobs here, it's helping our community. siemens location here has just received a major order of wind turbines. it puts a huge smile on my face.

cause i'm like, 'this is what we do.' the fact that iowa is leading the way in wind energy, i'm so proud, like, it's just amazing.

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we're streamlining an algorithm. what's grandpa doing? hi... sssh, grandpa you don't want to be an intern forever. sorry dad, we have to get back to work, we have a deadline. we're going public! [cheering] the fastest in-home wifi for your entire family. the x-1 entertainment operating system. only from xfinity. gerri: when unsatisfied with a service or product, many of us go straight to social media to long a complaint. charles, i love you on this topic, because, you complaint. complaint. >> i do. gerri: you mix it up. >> i am a professional grouch,. gerri: there is something to be gained?

>> companies are running scared of consumers these days, especially because of social media. complains that i lodged, ended up nets me about 1200 in refunds in the last month. gerri: wow. you say you have to have a legitimate complaint. >> first rule of thumb is have a real reason, distinguish between things that might deserve a refund, and an apology, you go to a restaurant you have a atroera--terrible meal, that isn apology. gerri: in your life. >> most idea, i got a so-so repair job at a car place. posted on yelp that, you know, maybe go to another place for a repair. went 6 hours, head of the dieter

ship said, what can -- dealership said what can we do to get this right, and did the repair, and a car detail, i netted about $500 from that, it was -- i was not asking for a refund. gerri: the trick was yelp, okay if i don't go on social media, where do i complain? >> there is a certain truth to fact, you are better off going to the top, iing is you know -- suggestion writing a leter to dear president of the company, that has worked to me. gerri: go to th go to the top. >> most companies redirect it to the right person, but if you go to the head of the company, you mean business. gerri: don't be crazy. >> no, a couple rules, no curse words keep it brief, but if you end up seeming like islan like -

luna tick no one will help you. a lot of folks tell you, you should have a specific idea of what is fair restitution, if you are just angry for no sense, and just feel like you are owed the world, companies need to know what the idea of the world is for you, i would like a free tire rotation next time i come in with my car, have some idea, of what it is, ho how much you should give away before, that i don't know, they may give you more than you expected, but have some idea. gerri: so should i take down the thing on yelp, my tweet, my -- >> if a company tries to essentially buy your favor, it is okay if they ask. if they make it a condition on giving you a refund or a reward or a bonus, most consumer expert say, run away, that is not a legitimate company, they should be able t to deal with criticis,

you may take down the come because you could feel they were interested in trying to get it right. gerri: they worked with you. >> but if it is a condition, that not a good sign. gerri: dealerships have a lot of pressure from management to do well by your consumer, you find they are flexible. >> absolutely. gerri: challenges, i love it charles. something for nothing, thank you so much. >> sure. gerri: there are many reasons we complaint about companies, but bad customer service circumstance at the top of the -- service is probably at the top of the list, top 5 companies, directv, according to survey more than 20% of consumer had a poor experience with the company, and been fined for violateing customer agreements, and number 4 dish network, with ongoing kis disputes have left customers without access to

favorite channel, number 3 sprint, wireless company was fined for not stoping telemarkets calls to customer, it is now attempting a merger with t-mobile, 2 is com comcast. number one company with bad customer service, bank of america. listen to this one in four customers, including myself have complained about the financial bebecause of the fees and branch closers, time warner cable, and aol, all of companies on top of the list were banks or telecoms, up next, walmart wants to deliver a new experience to its on-line customers in an attempt to give amazon a run for its money.

♪ ♪ gerri: we love walmart stories, and there's a good one today. the retail giant revamping its web site to entice shoppers and boost profits. here with how their doing it is jo ling kent. >> walmart is getting awfully personal, personalizing their shopping e appearance online by -- experience on lie by showing shoppers products you might like based on past purchase. local weather and even community events walk onto their page. trying to chip away at rival amazon as its own u.s. division has seen pretty disappointing sales for five straight quarters at stores opened at least a

year. look, walmart has a long way to go. online sales are only a fraction of its annual revenue while as you look at amazon, we generate near -- they generate nearly $61 billion of business. walmart.com is testing a quicker checkout process, reducing the number of pages you need to click through to buy a product from six down to one. but, gerri, it sounds an awful lot like that amazon one-click. gerri: and if you could tell me just a little bit about other ways that our perm information might be -- personal information might be compromised here. >> yeah. that's always something you need to watch when you're logging into any site. when you use amazon, they do recommendations-based purchasing as well. make sure when you are logging in that you're aware of the risks that go into it, that they are able to track and use your information for advertisers. there are some sites out there that do let you shop, as you know, without logging in. that's always an option, but with walmart they're very much trying to take advantage of their huge customer base and

boost those numbers here in the u.s. gerri: jo, thank you so much. many portfolios are getting the squeeze. both stocks and bonds are generating less income for small investors, pushing many of us to make risky decisions in our search for yields. we're covering your assets with advice on making your money work harder in today's low rate environment. joining me now, the president of providence financial advisers. welcome to all of you. we're going to start with john right here on set with me. it's kind of a wild world here, right? nothing seems to be yielding much or anything. why is everything so uncertain now? >> well, interest rates still low it's hard to get good yield out of bonds these days, and the stock market, again, i think has actually done quite well over the last year and a half or two. i think what some people are talking about is dividend yields are not what they used to be. that's simply because as bond values increase, the dividend yield -- i'm sorry, as stock

prices increase, the dividend yield, of course, goes down by default. gerri: of course, a lot of people out there, they want income, right? that's what they're living for, that's why they've invested, they're living off of it. anthony, what are you telling your clients who are in that position? >> well, there are actually a number of ways to get higher dividends outside of the stock market. there are publicly-traded -- [inaudible] there's annuities. there's bonds, not bond funds, those are dangerous at the moment. but there's even purchased stock which right now are yielding 5 oar 6% -- or 6%. they're, quite frankly, one of my preferred investments. gerri: do you agree or are you looking at something else? >> speaking of volatility, this is like compressing the teenage years all into one week there's so much happening right now. i think right now the fear that consumers have is coming from the fed talking about when will they raise rates. consumers are to ask what is best for their personal economy, and i think some things to look

at are what i would call alternative investments. the typical bond funds and bond etfs may not be the best places to be right now. things like some of these nonpublicly-traded issues. they do come with problems, though, because there's holding periods. you can't simply buy and come back out of it. if a person has some time, say 4-6 years to go, a consistent dividend could be generated from these types of investments, but clearly, though, people want to put the personal back in their personal economy. gerri: derek, what do you mean by nontradeable? what kind of investment are you describing here? >> sure. so let's use the example of these real estate investment trusts that tend to invest in corporate-type real estate, international real estate. you can why it on the exchanges, buy it one hour, sell it the next hour. they tend to fluctuate and pay a lower dividend. some of the non-publicly traded alternative investment category, they may pay 6-7% dividend, but the money is tied up, say, for

two, four, maybe six years, but it tends to pay a consistent dividend and isn't subject to the volatility of the market. again, you're going to want to talk to your adviser about it and see what's appropriate for you. but think about some alternatives. gerri: i think nontradeable makes me nervous. john, to you, you know, we talk about bonds all the time. you talk about your views on the fed lately, and when we talk about a lack of yield, we're talking about bonds too. what do you think? i mean, should you be staying away from corporates, treasuries, junk? what do you say? >> right. well, as far as staying away from treasuries, absolutely i would stay away. the yielden those so low, after factoring in the interest rate and then earn after taxes, you're losing money after inflation. so if you want to guarantee yourself a loss, invest in treasuries, short-term treasuries. so the key here is no different than what it's always been, you have to have a well diversified portfolio, and you have to stick to it. of course you're going to make alterations to that portfolio to fit what's going on in the

economy. you've got to take a macroeconomic view on how to invest, and from there you have a good chance of doing well in the long run. gerri: we have a little bit of a rally today in the markets after an awful week last week in which we lost all our gains from the year. are you seeing a real, true correction in the future here? anthony? >> oh, absolutely. there's going to be a monstrous correction sometime down the road. we're in the middle of a very long-term, secular cycle in which there is comprised of smaller, shorter term, cyclical cycles. and right now in the last 14 years we have actually had two major drops. and if you look at a 200-year history of the stock market cycles, there have always been at least three major market corrections in every single longer-term cyclical bear market cycle. so we have another five to ten years to go in this particular cycle. and the bottom line is if the market is as high as it's ever been, as it is, there's only one

direction for it to go, and i don't think we're talking 10 or 15% like a lot of people think, i think it could be much more serious than that. gerri: well, derek, the market could go, i mean, you think it's high, but it could always go higher. what are you betting on? >> well, the key here, gerri, is to look at what is your individual situation. many people and many economists feel like the market still has some room to run, but i'm sort of a paid worrier. here's what i would suggest our viewers do right away, is analyze both their bonds and their stocks right now to say if the market or the bond market dropped 10 or 15%, what position would that put me in as an individual investor? that's going to be the worst case scenario to examine what could happen if the bubble did burst for you. gerri: well, john, i've got to tell you, my tummy would be in my mouth, i think, if that happened. what's in your crystal ball, john? >> saying will this market correct is like asking the question will it rain anytime this year. of course it's going to correct.

gerri: sometime. >> if we look back in history, stock market will correct by 5% or more 3.4 times per year on average if you look back in history, 1.1 times per year, there'll be a 10% correction or more. and once every two years there's a 2% -- i'm sorry, a 15% correction or more. so will it correct? absolutely. if you're a true long-term investor, you cannot let that get in your way. you have to have a long-term approach. don't get caught up in trying to time the market. in the lock run, it's not -- long run, it's about how much time you spend in the market and not timing the market. that's what really makes a difference. gerri: more time is better time, i agree with you. anthony, derek and john, thanks for being with us today. great job, all, thank you. >> my pleasure. >> thank you. gerri: and when we come back, how to save your pets from car hazards. and next, buying a house seems to just get more and more difficult. now mortgage closing costs are making the process worse. we'll explain. and here's your consumer gauge

with the numbers every consumer needs to know. check it out. ♪ ♪

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gerri: it's getting more and more expee to buy a home. not only are prices on the rise, but mortgage costs are also up, and i'm talking about mortgage closing costs. according to bankrate.com, mortgage closing costs have jumped 6% over the last year. with more on this, holden lewis, the senior mortgage analyst. holden, welcome back to the show. so why is this rising so fast? >> well, the main reason that it's rising so fast is regulation. and specifically, there's a part of the dodd-frank act that requires mortgage lenders to approve your ability to repay, it's the ability to repay rule. and that went into effect january.

and, you know, it sounds really obvious that lenders would want to know that you can repay the loan, but, you know, if you remember back to the days of the mortgage boom, people are always talking about you can get a mortgage if you can fog a mirror, well, this is like the mirror defogging. so the lenders have to do a lot of work to insure that you have the ability to repay that -- gerri: go right ahead, holden. >> well, that work is staff time, and staff time translates into higher fees. gerri: because we have to pay for that. they would never assume that cost themselves. let's talk about origination fees because they're up dramatically, up 9% to almost $1900. we've got third party fees up 1% to $662, and let me tell you as somebody who's bought a house, when you pay those closing costs, it's like the last thing you have to pay, or it feels like it is, and it's so much money out of your pocket, it's

really disturbing. do you have a rule of thumb for what people should be looking for, how much money they're going to be paying? >> well, the it's a real general rule of thumb about 2-4% of your mortgage amount goes to closing costs. you know, and if it's a small mortgage, you have all these fixed costs, so it might be more than that. and, you know, if you have a jumbo mortgage, it might be a little bit less. generally 2-4%. gerri: all right. that's a good rule of thumb. let's take a look at some of the areas with the highest and lowest mortgage closing costs starting with highest, and take a look at this. texas, i never would have expected that. $3,000. alaska, new york, looks like hawaii, wisconsin. that's where -- why are the prices there so high? >> you know, i think in those states you have a strong, competitive market, and, you know, they're charging whatever the price will bear, you know? whatever consumers will take,

and they just happen to -- gerri: less competitive market leads to higher prices, not lower prices? [laughter] >> well, you know, that's what you would think. but i think part of it is, you know, they might have just higher costs for rent and that kind of thing. i think in texas a lot of it has to do with customer service, you know? people in texas, i think, expect a higher level of customer service than a lot of places. you know, it's just kind of d. gerri: it's very, very market-by-market, it sounds like. >> right. gerri: holden, thanks so much for coming on. great to see you. >> thank you. gerri: now we want to hear from you. the usda, as we talked about, doing business meat processing plants in china that have been implicated in safety scandals. so would you buy chicken if you knew it was from china? here's what some of you are tweeting me about our poll question. jerome says this: chicken from china? not no way, not no how.

almost english there. and kyle agrees: i try not to buy any food products from china if i can help it, especially chicken. on my facebook page: no. why in the world are we buying chicken from china of all places? that was my reaction. and here's roast a lee: a country this size should not be importing meats, they can produce that. i agree with that too. here's some of your e-mails. brent from georgia writes: inflation is terrible -- on a different topic here -- what the government reports is a hoax, they are reducing container sizes. what purpose does this deception accomplish? is it to falsely keep interest rates low? and mark from texas says: gerri, your show is always exceptional. we love to hear that. and here's lauren from mississippi. i watch you every day, your show is informative and timely. thank you. lovely. we'd love to hear from you. go to gerri willis.com, and thanks for the nice comments. still to come, my two cents

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♪ ♪ gerri: countless pets die every single year because they were left alone in a hot car. look, even on a balmy 73 degree day, the inside of a car can turn into a death trap in just a matter of minutes. dr. jules benson, vice president of veterinary services, joins me now with important advice and a guest. please introduce your guest, dr. jules. >> this is walter, and he's from the short nose only rescue team or snort.org, and he is a boston terrier.

gerri: and you can own this dog. >> you can adopt this dog. he would be happy to adopt you. gerri: oh, i love that idea, but you could hurt him mightily by putting him in a hot car. let's talk about -- >> sure. gerri: -- i didn't realize how cool it could be outside and how hot it could get inside a car. >> yeah. there's a couple of compounding factors, but a big one is, obviously, the heat outside. sure, a 70 or 80 degree day, that can cause a greenhouse. so if you walk away, that temperature can go up 30 degrees this the first half hour. so, you know, from 70 three day, it's 105 degrees in that car. and if we've been away for a little while, i'd break out in a sweat, and these guys can't sweat. plus they're wearing a fur coat. so imagine you go to sit in your car on a fur coat on a sunny day -- gerri: now i can really feel what you're talking about. >> absolutely. gerri: and it's interesting because we always talk about kids in cars, right, and how to avoid that. for some reason people sometimes forget their child, but i see dogs in cars all the time.

>> i think people just don't realize how dangerous it can be. i think, you know, and often they don't think about the temperatures and how these guys regulate the heat. they can't sweat. so they pant, and that's the only thing they can do to regulate their heat. gerri: what's interesting is walter has a story to tell about this very thing, right? >> yeah. i mean, walter's one of those breeds and one of the compounding factors, he has a short nose. he can't breathe that well to start with, so if you put him in a hot car on a humid day, he's in trouble quickly. his temperature goes up really, really fast. gerri: some breeds would have a harder time than others. >> anything with a smushed-in nose, now any dog is dangerous, and the guys with really furry coats as well. so you have a husky, and they overheat really quickly in the sub. gerri: what do you recommend people do when they see a dog in a car? >> all you have to do is contact a law enforcement official, have them page someone and say this

is the car and there's a dog left inside. one of the big things we're trying to do is we're starting a petition, it's driven to bark, i think it's on the web site, and we're trying to get 100,000 signatures to try and raise awareness to actually make this legislation. there are only 15 states at the moment who actually have statutes on the weeks to say -- books to say it's illegal to leave your dog in a hot car. we want to try and get people when they do find a police officer or an animal control official be, they actually have the power to do something about that. i know, it is scary. [laughter] gerri: well, dr. jules, we're going to leave it there. thanks for bringing walter. you don't have to wait for law enforcement. you don't have to wait for a law to be passed. just don't put your dog in a parked car with the windows up. >> absolutely. thanks, gerri. gerri: we'll be right back with my two cents more, and we bring you the highlights from some of fox business' most famous faces. we'll show you liz claman and

cheryl casone racing if -- racing for a good cause. and would you buy chicken if you knew it was from china? today with us. -- stay with us. ♪ i had no idea i had shingles.

there was like an eruption on my skin and burning. i'd lift my arm and the pain back here was excruciating. when i went to the doctor his first question was "did you have chickenpox?" i thought it was something that, you know, old people got.

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gerri: earlier this hour we told you aa new push by consumer groups to stop the usda from doing business chinese meat processing plants. would you buy chicken if you knew it was from china? we asked the question on jerry willis.com. 5% said yes, 95% said no. nobody wants this stuff. be sure to log on to gerriwillis.com every weekday. and you've got to hear this. the this past weekend fox business was a proud sponsor of

the 14th annual new york city triathlon. we were there to help raise money for building homes for heroes, that's a nonprofit organization building homes for our wounded troops. our very own liz claman and cheryl casone, along with thousands of other folks, took part. take a look. ♪ ♪ >> we're doing it for building homes for heroes. we build mortgage-free, totally custom homes for our most severely disabled soldiers who deserve it and need it to continue on with their lives. and we had dinner with some of them last night. it was just great. we carbo-loaded with them. and, of course, you get up at 3:00 in the morning and do something like this to raise money for them. ♪ ♪ >> it was a good swim.

it started raining at the beginning, but the water was clear and clean, which is more important. and it was actually a really good fun so far. but the rain's going to be an issue for the bikes. ♪ ♪ ♪ ♪ >> how you doing, i'm chris from short hills, new jersey. this is my 27th triathlon, and go fox business. >> hi, i'm katie, i'm originally from massachusetts. this is my fourth triathlon but my second olympics distance. go fox business. cheryl: so many fox business fans were out there today. the swim was great. we had perfect weather. this may be the best triathlon that i've ever done in five years. great to see everybody out there, and all of you that were cheering for me, thank you so much because it kept me motivated and going during the

race, and i finished. yea! [laughter] gerri: congratulations to cheryl and to liz and well to everybody who took part this that organization to. again, i know you want to hear it again, building homes for heroes. and finally tonight, you know, we talked at the top of the show about the disaster looming at your grocery store. now that the feds are allowing china-processed chicken in this country, how long is it? how long is it until we experience what happened at fast food restaurants in asia? chicken sold past its expiration date. look, the story is complicated. chickens raised here are transported to china where they are processed and packaged in chinese plants then shipped back here for consumption. and tonight the revelations the plants at the center of the food safety scandal in china have been approved by the fed to sell product right here in the good old u.s. of a and that, my friends, is ridiculous. we have enough chicken contamination problems in this country without bringing in food

from the land of bird flu and mercury-contaminated baby formula. the government should be protecting us. that's my two cents more. and that's it for the willis report. have a great night. we'll see you here tomorrow. ♪ ♪ charles: tonight on making money, with a sluggish recovery, plunging approval ratings, president obama went back to what he does best, stoking politics and class warfare, calling out corporations for doing well and fat cats for hampton homes and private jets. and we've heard it before but water as the new oil makes a lot of sense when it hits home. a state of emergency this ohio, a devastating crisis in california and shutting off water to deadbeats in detroit means water could be your next big investment. we've got ideas for you. and the market hits a rough patch and talks of a crash rings louder. some are just plain silly, although the panel