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tv   The Willis Report  FOX Business  August 18, 2014 5:00pm-6:01pm EDT

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followed by other global cities like beijing, moscow and paris. adam: one friendly face you will see. gerri willis, "the willis report" is next. you will discuss a new report on troubles that military families, real important issues that they're facing. gerri: adam, thanks for that. yes, a quarter of our nation's soldiers and reservests seeking aid and relying on help and generosity of strangers. we'll tell you about that. also today on the show iconic american brands could go away. proctor & gamble is getting ready to dump ivory after the 135-brand that floats is about to sink. worried about your 401(k)? it could be worse. a report says a third of us have nothing saved for retirement. amazon fire smartphone gets rave reviews but not from consumer reports. they're here to tell us why it is not the ultimate shopping tool. "the willis report" where consumers are our business starts right now.
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gerri: we begin tonight with our nation's heroes going hungry. according to a new report by the hunger relief charity, feeding america, 25%, a quarter of military families, or one in four households need help putting food on the table. let's bring in jesse jane duff, military advisor for concerned veterans of america. jesse, this is all over the country, delaware, california, texas, virginia. we're seeing food banks setting up shops on military bases. why? >> you know we should not be surprised because the military this year had a cap only 1% increase on their salary. that was .8% less than what you would see out in the private sector. so essentially while gas prices are going up, housing is going up, all food costs are going up, their pay went down. ultimately when you can't budget at end of the month you will make cuts and usually comes out in food. gerri: talking about 620,000 households that had at least one soldier or reservist in them. a lot of people here. what is really frightening not
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like the people are trying to make night exactly. gerri: we read the soldiers or heroes quoted directly, look, we're shacking up with other people. we're sharing apartments with friends. we're trying to save money with coupons. they're doing all the right things yet they still can't make it. what does that tell you about military pay right now? >> well, it disgusts me, secretary hagel said we have extremely benefits in the military and put a cap. secretary hagel if it is so generous only 1% of this country serves its nation? if you're so eager to make cuts on backs of military to balance your budget, why not audit the pentagon where excess spending is going on? why not go where cuts can be made? where taxpayer dollars are going to waste. why are we balancing budget on military families when we have $17 trillion debt and we're not realing in all of our other programs where we know excessive spending is going amok? gerri: you make a very good point. i want to add one other number
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if here. median monthly household income of people receiving this sort of aid, $927. just $927. imagine trying to feed a family on that. imagine other family members are living with you as well. a real stretch for folks out there. you talk about the pressures on the budget. i have to tell you, what are military members themselves telling you about this? >> it is taking a way a lot of incentives, we have majors out on the battlefield getting pink slips. meanwhile the caps on spending salary increases will go only into 2017. we're only getting 1% increase. guess what? the average marine sergeant will lose $5,000 a month in, i'm sorry, $5,000 a year in pay once all of these things go into place. they're commissary privileges will get reduced. health increases will happen and housing costs are going up and cut in pay. you add all that up, 03 captain or sergeant will see $5,000 loss over a period of a year if all
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of president obama's and secretary hagel's cuts go through. gerri: they described as food and security. i call it as hunger. we're studying what is going on at the grocery stores. prices are going up in every category. >> horrible. gerri: meat and milk and eggs, all basics prices are going up. >> oh, yeah. gerri: before you go, i think this is part of a larger story because you and i talked a lot about the va, veteran's administration. if you had to sum up the track record of this administration taking care of our nation's heroes what would you say. >> oh, incorrigible, demonstrated no benefit to joining military way they treat benefits and active duty military. i recommend to everybody that serves to love the country. gets very hard to sustain that when you see significant cuts on backs of military members themselves. gerri: jesse, thanks for coming on. always good to have you on the show. we really appreciate your time. >> thank you so much, gerri. gerri: we want to know what you think. here is our question tonight.
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should military families have to rely on food stamps? log on to gerriwillis.com. log on to the right-hand side of the screen. i will show you the results at the end of tonight' show. from the military to another government failure. fda, food and drug administration, has become lax on ingredients companies add to our food. many food additives, that is what they are called, are not even listed on the label. the center for food safety filed a lawsuit by the way, against the fda over its vetting process. i want to begin at the beginning here, elizabeth. why are there so many new additives? why are so many new additives put in our food. >> we're working so hard and spending a lot less time actually preparing our then we are seeing that people are consuming more and more processed products and in those processed products the industries are adding more and more different additives.
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we're seeing thousands of different additives. many of them that are labeled you can't pronounce and can't read. as you mentioned, very, very concerning that so many of them are not even on the label. gerri: i have to tell you, some of these words, i can't pronounce. they're chemicals they look like it. >> they are chemicals. gerri: are these additives, are they safe? are they hurting people? what is your view? >> well, the lawsuit that we were, we filed really is about the safety issue and our concerns with it because fda have something that is called generally recognized as safe which is supposed to be a small loophole for things like oils and vin bar, say which is right at inabouting we know we eat they're okay so we don't have to do any testing on them but when you're looking at all these other chemicals fda has said, you know, industry fill out paperwork and submit it basically. there you have it. you can say that your additive is is generally ridgeed
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recognized by scientists you paid to. there is lack of regulation and testing in this. really we don't know. we're finding so many additives the public are complaining about different guy guess tiff disorder and other health issues yet they still come under generally recognized as safe status. many people in the food safety industry however gras, generally recognized as secret. that is really what is happening. gerri: that is interesting, some of the stuff you don't know what it is. more and more often americans become frustrated what they know about the food they're being served, the food that they're eating, food they're buying in grocery stores. it is the job of the fda to keep us safe. even an fda official this week saying that we may be on the verge, we may be nearing a food crisis. do you agree? >> i think we are. as conscientious as any shopper can be, if you can read labels
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and still don't know what you're eating it is a big problem. i work on much larger expanded look at food, food safety and agricultural policy and it is not only what is being added to the food, it is also the way which the food is produced, the amount of herbicides and pesticides being sprayed on it. all these different factors when you're think about consuming cumulatively, what are the effects on our health and environment that we live in. we all know if we take a pill or drink a little it about medicine it will do something to our bodies. food obviously is a basic building block for health or disease. when we don't know what we're eating that is enormous problem. gerri: the main problem, a loophole of the fda, doing absolutely nothing about it that allows company to put in these additives with very little oversight or regular regulation. we know very little what the ingredients are. elizabeth, thank you for coming on the show. >> thank you very much. >> latest developments on more
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retail data breaches. the parent company that operates, albertson's jewel-osco, and acme reported that the payment system was compromised. the company is determining how wide the compromise goes. the hack took place between june 22nd, july 2nd, a couple months ago but we'll tell you about it. the company says it appears no customer information has been stolen. more and more to come this hour, including more voice. your voice is important to us. during the show i want you to facebook me, tweet me@gerri willis fbn. go to gerriwillis.com. at the bottom of the hour i will read your tweets and emails. next the end of an era, name brands part of americana for centuries may soon disappear. we'll have the latest on big changes at proctor & gamble. ♪ it's monday.
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58 seconds on the clock, what am i thinking about? foreign markets. asian debt that recognizes the shift in the global economy. you know, the kind that capitalizes on diversity across the credit spectrum and gets exposure to frontier and emerging markets. if you convert 4-quarter p/e of the s&p 500, its yield is doing a lot better... if you've had to become your own investment expert, maybe it's time for bny mellon, a different kind of wealth manager ...and black swans are unpredictable. gerri: proctor & gamble is reportedly selling as many as 100 brand and among the iconic household names on the chopping block, everything from duracell
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batteries to ivory soap. with more branding expert karen post. good to see you. >> thank you, gerri. gerri: i was shocked to see ivory is one of the brand they're talking about because this is such a fundamental product for the company, 135 years old. they gave it to the union army during the war with the confederacy. it has a long history. so many people know this brand. what is going on here? >> yeah, it is sad and as a branding professional, proctor & gamble was the pioneer in branding. this was the first product they launched to consumers but 135 years later our values and what we buy has changed and the math doesn't lie and leadership need to look at the brand that are performing and make shelf space for the next new big idea. unfortunately ivory falls into that category. gerri: you know, it is interesting, ivory soap, so it's a soap that floats. pure, that was their big claim
quote
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to fame promoting this brand. it was made at ivorydale plant in cincinnati ohio, where p&g has been based so many years. it was fascinating story how long this lasted and on every american shelf but that is not the case anymore. ivy soap mark set share in the 1970s, 70%. today, 24. what happened. >> what happened people are buying products with new technology. years ago the floating soap was a great thing. today, it is not what you throw in your cart. what makes you look young, what your kids are screaming for. they shaped the soap like a smartphone maybe they would be selling more. there are categories for athletes, for different nine mortgages. there is a lot -- minorities. there is a lot more competition. private label brand something cutting into name brands also. gerri: talk a little bit some of
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the brand that are staying an going for proctor & gamble and the health and grooming arena for example, crest stays. talk about what might go. >> well, i understand they're keeping their shaving line. i think what's important to look at, they have got like 100 brand and they're going to try to get it down to 70 or 80. many of their brand compete with each other. so as all companies look at their resources, you know, what are you going to spend your money on? to compete against yourself or to create the next new big idea and to open up shelf space for those new category remembers and new products. >> in beauty, not just ivy going, nice and easy, the hair color, these things have been promoted on tv for decades. ozzie is also questionable. the mouthwash. batteries. again they look at the numbers. they can see what people are buying and if there is not the movement that they need to see,
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they have got to make room for the next big idea. gerri: so here is a fuller list of brand might be foresale. duracell, brawn, ivy, cheers, puffs. the list goes on. there could be as many as 90 of these brand. will this make the company more effective, focusing on brands that are actually bringing home the bacon? >> i think it will. look at great turn arounds like the ford motor company. they did the same thing. they had to look at their whole portfolio and eliminate what was not really a shining star. then, really, if you're a large corporation, a lot of types less is more and they need to focus on the core brand that are performing. gerri: that's what they're doing. karen, thanks for coming on the show tonight. great to see you. >> great to be here, thanks. gerri: later in the show, are apps dead? we will have results of a new survey. we ask the question how do you do that?
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gerri: imagine approaching retirement with an empty wallet, no money, no retirement saveings? well a new survey says a third of americans, more than a third, 36% have not shelled away the first penny for retirement. how do you get your finances on track? joining me, greg mcbride, chief financial analyst for bankrate.com who conducted survey. greg, great to see you. i got to tell you, 36% is a big number, who are these people? >> i'm right there with you, gerri. this is a big number and
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alarming. we saw this all age brackets to alarming degree. a third of those between 30 and 9. a little more than a quarter of those between 50 and 64. and gerri, we even found one in seven senior citizens hasn't started saving for retirement. gerri: you know, as you dig through these numbers and you look at the comments in your surveys are you finding these are people who lived paycheck to paycheck? what is their excuse for not setting aside dollars? >> there is a correlation say, with house hole income. as you would imagine, lower levels of household income there is higher propensity not to have saved anything. even at the lowest level of income, what we saw there, a third of people managed to squirrel money away. and do so in some cases from a very early age. so, you know, i don't attribute it solely to the, i can't afford to save. i think a lot of this is not having access to work place
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retirement savings program. inertia is powerful thing. if people have the paycheck deduction automatically, versus not having that, that is a big obstacle to people actually getting started on retirement savings. the other one, gerri, people don't prioritize retirement savings the way they really should. after all the burden is increasingly on us as individuals. gerri: absolutely right. people put their kid education ahead of it. they put family matters ahead of it. health care ahead of it. one of the shocking numbers of from your study, 14% of those 65 years old or over have no savings. what do you do if you're in that situation? >> regard letters of your age no better time than the present to start avenuing for retirement. this isn't money that is gone. you're saving it for your future self, rather than consuming it on your present self. but reality of it is, for those that waited that long, even the age bracket before them, those 50 to 64 haven't started saving,
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reality they're looking to having to save at much higher rate pause of decades that they have missed, those opportunities that passed them by. also they're looking to work longer and even then, they will look at much more scaled back retirement lifestyle relative to somebody that started early. gerri: time is your friend. yet you found good news in this study. what was it? >> yeah, really. people are, those that are saving, are starting earlier. and we've seen it much earlier than in generations past. now, people typically start avenuing for retirement in their 20s. i chalk that up to a couple of things. first people have this awareness it is on me. if i'm going to save for retirement, longer lifespans, higher health care costs, uncertain future of social security, you name it, people know they have got to do the heavy lifting. that is number one. the second of something more recent vintage been big help, automatic enrollment in 401
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company. plans, people come in new to the company, they're automatical enrolled into the 401(k) plan and money will automatically come out of the paycheck. they have to opt out for that not to be the case. i think that is powerful way to get people saving, without them actually having to take any kind of action. >> i always want to make the decision myself. i want to be in charge. i want to be behind the wheel but truth is more people save when they're forced to. that's for sure. quick question for you before you go, fortune with a story saying that maybe we needless than we thought to retire on. people said, you need 95% of your income, 85%, 75% of your income. now some evidence maybe people in retirement don't spend that much. what do you say to that? do you agree if. >> well, look, there is only one way to find out. we won't find out until we get there, now will we? i would rather err on the side of having more than i need rather than having less than i need. gerri: greg, words of wisdom.
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thank you. >> thank you, gerri. >> time now for a look at stories you're clicking on tonight on foxbusiness.com. unexpected cyberattack reportedly from china. hospital operator community health systems says the cyberattack in april and june took information on more than four million patients. the tennessee company said no medical or credit card records were taken, names, addresses, birth dates, social security numbers were stolen. the obama administration considering executive action to discourage u.s. companies from cutting tax bills by moving to other countries. treasury department said there isn't much the president can do without legislation which is not expected this year. homebuilders more confident heading into next year. a sign that it may pick up after a weak summer. the index rose to 55 last month. that is highest reading since january. big gains on wall street thanks to corporate deal-making.
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bidding war for family dollar sent the stock price higher. those are some of the hot stories on foxbusiness.com. in new york, i'm gerri willis. >> coming up next, look at the technology in life, why the booming app market may be a thing of the past. next a warning from "consumer reports" about the new amazon fire smartphone. why they say don't buy it. stay with us. ♪
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sfx: blowing sound. does breathing with copd... ...weigh you down? don't wait ask your doctor about spiriva handihaler. gerri: are you buying fewer apps, join the crowd according to a new report, smartphone users are not snatching up new apps as quickly as in the past, jo with more.
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>> reporter: one in three period download zero apps in a month in u.k. because of apathy and concerns when afford billy and spending, have you more people above the age of 50 getting smartphones but they are not getting apps they are more focused on texting and calling that is contributeing to why you see the average of downloaded apps per month drop down. but, here in the i the -- united states, before you get skeptical about app economy, 772,000 jobs have been created because of the app economy because of last year, since the iphone of the created. a lot of different sides to this app story. gerri: a app-i story i guess. what about the trend? >> talking about jobs on the
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line, deloitte find that spending soon may hit a ceiling, 90 out of 10 do not spend any money on apps or related smartphone content, and deloitte tells sky news, apps are part of radaofa -- darwinian process no, people feel less inclined to look for new apps, after king digital reported that spending in its own candy crush saga dropped faster than expected, and other apps are not making up for that difference, revenue dropped 8% for king digital, their shares are down 28% since that march ipo. gerri: thank you, jo . >> from one tech story to another, retail giant a amazon releaseds if first ever smartphone, the amazon fire, how does it stack up? senior electronics editor for
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"consumer reports." ithank you for joining us. let's talk about that amazon fire phone, what is it 300 bucks? >> or, it is an exclusive at&t, but you can also buy it overtime for the 20 something dollars a month until you pay it off over 24 or 26 months. gerri: talk about the pros, you think this phone as pros? >> we liked size and feel. the shape. it's got some really fun technologys on there, dynamic perspective, i don't know if you can catch that on camera, a 3-d effect that happens on its screen, and also an app on there called, fire flying that really -- fire flying tha fly, it helpu identify things, this phone is
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very good at helping you spin money on amazon, go figure, but that is also one of the down sides, i am leading to the down side, that is this phone is stuck in the amazon universe, you can't -- it is an android phone but you can only buy the apps through amazon, it is missing a lot of apps that people get on an steroid on google play. gerri: there are a lot of apps you cannot use on that phone? >> they have to do more with the pda function of the phone, like the calendar function, the gps, and google maps, and. >> a synergy with google apps you don't get on this phone. gerri: you say that interface is not necessarily intuitive? >> it does -- it tries to reen ven thvent the wheel to go backu move your finger up. gerri: that is ford? >> -- that is forward?
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>> you should do something better, make sure you make it better if it is different. that you can learn overtime, but there is a learning curve involved with this. gerri: and the battery life, that is always the bottom line question. >> very important to smart phone users, this is good, that is 10 hours, we see, g-3 can give you 24 hours of talk time instead of 10, that is important, it is important for phone to give you a full day of work, i if you consult it a lot. gerri: and working long hours, you say there is a better choice? some one of them, is a g 3, but there are a lot of you know, right now this is an at&t. but there are several models from samsung, there is several versions of galaxy s5 and 03, and lg phones, i brought their flagship, g-3, new interface and
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a customizizeible, you can adjusted size of keyboard, if you are a heavy texter you appreciate that. gerri: the keyboard on the eye phone -- i phone is a killer it is so small. >> on the, i just want to quick demo,. gerri: while do you, that another thing, power and volume controls on the back of the phone that is different. >> that could be a -- >> a advantage? >> and at end of the day, maybe better options for you if you look at amazon fire phone, right? >> that is the bottom line, it is a good phone but there better options. >> g good ear. >> thank you umike appreciate your time. gerri: now we want to hear from you, a growing number of military families, are in need of food stamps or food assistance, should this be
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happening? should they have to rely on food stamps, here is what some of you are tweeting me about, rick says no, if a family member is serving in armed services they should be allowed a monthly stipe en for expenses. on facebook, george agrees that is an insul to our service people, a disgrace to the country. >> sharon writes no, they should be paid enough and should have a ark lot ams -- allotments sufficient that food stashs are not necessary. >> we celebrate the 75 anniversary of one of hollywood's most beloved classics, the wizard of oz, we cover our assets with ways to overcome the fed's crushing policies next. how low interest rates are hurting savers. >> and here are your consumer gauge numbers you need to know, we'll be right back. shingles affected me tremendously as a pilot.
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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.
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gerri: a eyes this week on jackson hole, wyoming, federal reserve kicks off its annual conference on the economy and monetary policy. the big thing is whether they will shed light to whether they might tighten? we cover your assets with michael lisison . and welcome all, great to have you here. for this conversation, before we get to the fed, let's start with what happened in markets michael, you, big day for nasdaq, philanthropy year high. -- a 14 year high, dow up 175, when what should investors make of this? is this a day to make big changes? >> well, i think that investor
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need to be on edge. i don't think that there is a lot alot of justification for ts strength, if you look at fundamentals you don't see a rot oa lotof string, there are a lof things thas that earnings growts based on cost-cutting and job cutting, we're not seeing top line revenue growth. >> all right, well, ron you to, what do you make of today's markets? leaves fed for a moment. that was impressive rally. >> however, i don't think it will be the way we'll go for the year. i would be happy to see 5% mor, we got away with a lot, earnings are getting better, managers are doing a good job, i think that global market still growing. i see room for improvement, but it was russia that had me worryed that looks better.
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gerri: and thaor international stories. >> people discount the greed to which safers have gotten killed, ortant is been an interest policy. to people in retirement? >> it depends on your portfolio mix, if you have a lot of fixed income, then yes, interest rates so lower bad. but i don't think they will move that quickly because they are meeting and talking about it it depends on your risk toll rang, and your portfolio, and time horizon, if you have a long time horizon maybe you don't have to worry. gerri: michael to you, you said that you done think that the fed was going to do anything any time soon, but the jobs numbers, and gdp numbers they look good, people who are worryed that fed is not going to act quickly,
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they will miss the boat, we'll see a lot of inflation. >> i agree with ed, i think that when fed does move rates they will move them slowly and measureed, i don't think we'll hear anything surpriseing this week from janet yellen, i think that fed is looking at bigger issues on a more global perspective on the unemployment not just the government publishing out there there are a lot of factors that come into play, i think it is going to be a slow, measureed pace. gerri: is that going to get the job, done, ron? is it going to be a case where greenspan waits too long to take the punch bowl away. >> they will be data depependan, youyou can't fight 3 feds, theye
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not raising it yet, but they will raise it eventually. if earnings get better. gerri: not just the fed is it? >> that is a buying opportunity. if rates go up, as ed said, you have to look at our allocation, that is 90% of the return of your portfolio. >> they are not going to shock the system either. gerri: i was going to ask you, ed. as an individual investor, some day the fed the act. so what do i do? >> well, it depends, don't rush into anything. nothing is happening that quickly, but maybe this is a good time to take an inventory, of your diversification, inside your retirement account where taxes are not a factor and outside. then when you see what your mix is, and talk with our advisor or whoever you work with on your investment, then you might want to say, if i think that interest rates are going up maybe i'll sell-off some stocks uthen you have to look at tax effect, in a
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retirement account you don't have to worry about the tax effect, gains are not recognizeed in an ira and a 401(k). then, if you do anything, do it shroerbg anslow and gradual. gerri: ron, no big expectations from jakks hol -- jackson hole s what i hear from the panel, but, is there a surprise? >> i don't think so. at jackson hole in the past, bernanke used that as a platform to bridge in -- bring in can quantitative easing twice, i don't think that yellen will do it. a lot of people are not just supporting their parents, they are supporting their 25-year-old kids who share apartment in
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manhattan, the employment number. gerri: the boomers own the world. >> they are supporting the world is what they are doing, we have to be careful, i don't think there will be any surprises. gerri: mike rally, ron and ed, thank you. >> thank you. >> still to come, my two centss more, next i'll be joined by the man leading fight gain general motors, hopes to get justice and money for dozens of victims, his latest in his fight, coming up. it's monday.
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gerri: 212 is number of claims that gm's victim compensation fund received since august 1, that is what the man in charge of the fund, told the willis report, said out of those 212,
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87 of them involve fatalities. this as bob hilliard attorney for many believes in gm recall, has been appointed colead, council in major class act suit, bob is joining us from san antonio, texas. welcome back to the show. so, 87 fatalities, is that number right? >> good to see you, absolutely not, it is so low it has not even broke the surface of the water yet, ken fienberg's fund was designed by gm in regards to who is eligible, they only made eligible first two recalls that is 2.5 million cars, they then after that recalled another 15 million cars, but told fienberg he could not include those into the fund. so way low. gerri: you think it is way low. you say a lot of people will not be covered.
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have you a new case. this is the ignition switch. this is the switch that falls out of the wrung position, and caused airbags not to deploy, power brakes and power steering go out, you have a new case from a couple of young boys, one of which dieed in an accident in a woe will do the -- woe will do thwoe will docobalt ibelieve. >> this is a sad case, these are young men, cousins they thought it was a nice-looking car, they had two, 2005 cobalts they were on their way back to college, one of the cousins, james was driving his cousin aike's cobalo ken could stkaoud back to study going back to college, james lost control, the airbags did not
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deploy, and james was killed, ken was severely injured. and that litigation is just starting. gerri: a brand-new case, you are just getting now. you know, interesting thing about the cobalt, marketed to young people, we talked a lot about showed ads television ads promoteing car, to people in college, getting out of college, first job. do you think that gm understands what they might be facing here? are they prepared? >> i don't think they have seen from horizon to horizon what is about to occur to them. the -- if you remember the coff ucover-up lasted for so long, once that defect was gun to put in all those cars, no doubt in my mind, you look at how many applicants in fienberg's fund,
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numbers will be at the end of the day, will be just astronomical on the deaths caused by the defect. gerri: you said before, 5,000, you are sticking by that? >> you know, at least that. i started doing the math, if you think about 2.5 million vehicles, and ken fienberg has a frack of deaths caused by that, you look at 15 million vehicles, and then only place that math gets fuzzy, we may never know the aim of folks who will never actually come into the litigation or the funds because of the passage of time. they won't know they were hit by a cobalt, evidence will be laughter on family -- laughter olost, orfamilies may have move, we'll never know the limit of the deaths and injuries. i think when we look in the
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rearview mirror at the end of the day that number will be close to accurate. gerri: for 10 years people inside of gm knew about the problem, that means a lot of people will not be able to prove cases, cars are gone and destroyed. a long story, you know it will be interesting to see how long it takes for this litigation, bob thank you. >> thank you. gerri: we'll be right back with my two cents fore, and answer to the question of the day, should military family have to rely on food stamps? [ intercom ] drivers, to your marks.
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go! [ male announcer ] it's chaos out there. but the m-class sees in your blind spot... ♪ ...pulls you back into your lane... ♪ ...even brakes all by itself. it's almost like it couldn't crash... even if it tried. the 2015 m-class. see your authorized dealer for exceptional offers gerri: this week marks 75 anniversary of wizard muc of oz,
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there may be a few things you don't know about that film, the green make-up of toxic, margaret hal ill to know ohamilton was no handle food, and had to be food, and tin man's oil was chocolate sauce. and the colored horse of 4 horses covered with gelatin, and the totothe dog of paid $25 a week, versus $50 for munchkins. >> over the rainbow almost got cut from the film. critics say that the sappy song made the film too long, and number one thing, it was a dud in theaters, it did not do well, mgm suffered a loss when it debuted over spha overshadowed e with the wind," now it is the
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most watched film of all-time, scare crow said that the -- based off banking crisis. and tonight, you know, it is astonishing this fully a quarter of our nation's heroes, active military and familys have to turn to food panrys to get dinner on the table, they cannot make their pay checks stretch far enough, because military pay has been held hostage by congress with a 1% increase this last year. and we know that does not match inflation. at super market the prices are going through the roof, beef prices at a 30-year high, bacon is up, and chocolate prices are up too. in washington where bureaucrats take tips from government reports, rather than their own growrry tab, inflation is not an
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issue, washington get a grip, that is my two cents more, thank you for joining us, dvr the show if you can't catch us live, have a great night. charles: on "making money." the country has become a powereder keg, chaos, violence, looting, and the national gard is called in. the economic tend irbox is about to explode. but notic pleading people saving for retirement, a third of people have nothing saved, a real crisis but i have two investment ideas to help outweigh toward retirement savings. she may not be a. >> there is a demand for barbie, let's go make some money

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