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tv   The Willis Report  FOX Business  August 24, 2014 10:00pm-11:01pm EDT

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confrontation more likely. that is john stossel for tonight. another new show this time next monday. meanwhile "the willis report" is next. gerri: welcome to "the willis report." i'm gerri willis. on the show tonight american airlines war against american families. the outrageous new fees that could double the cost of a flight. like they don't want us to fly. also, a new warning, the western drought could have a long-term impact on food prices. it is also pittings farmers against city dwellers. what would you pay for a bicycle? how about $20,000? "the willis report" where consumers are our business starts right now. gerri: we begin tonight with energy independence and energy security. those ideas front of mind tonight as this nation starts importing coal in ernest,
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importing coal, even as the president's war on coal slashes jobs in u.s. energy production and cuts economic growth. in the background today, troubling new developments as terrorist group isis seizes seven oil fields in iraq. can this nation achieve energy independence and security? how can we do it? for more on this nick loris, with the heritage foundation. welcome, nick, good to see you. >> good to be here. gerri: all right, i i want to start with this imports surging, 44%. we're importing coal. we're the saudi arabia of coal, yet we're importing coal for use in our coal-fired electricity plants. how does this make sense? >> it doesn't really and we have about 500 years worth of coal here in the united states. if we could buy it elsewhere cheaper that's fine, that makes economic sense. when we have this conglomerate of regulations coming down on the industry artificially driving up cost and devoid of any environmental benefit it is not only affecting industry but
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us as energy consumers, driving up prices and hurting american families and businesses. >> i think what you're referring to the so-called clean power plant from the president. it is really a stranglehold on the coal industry. 40% of america's electricity comes from coal. that is more than any other source. what is the impact of these new regulations? >> well, we looked at phase out of coal at heritage foundation. you can remember a former advisor, climate advisor to the obama administration setting a war on coal is exactly what is needed. we took them for their word, said what happens if we do phase out coal? in the first eight years of 23-year out phaseout, 600,000 jobs lost. almost half of them being manufacturing jobs because they're an energy intensive industry. the coal industry is decimated. this is hurting all across america, not just the coal industry. gerri: already a company called alpha natural resources is closing 11 mines and laying off
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1100 people, just this summer. that is what the effect much these regulations really are. it is, i've got to say, really astonishing. so all of this is happening, against the backdrop of isis seizing these oil fields in iraq. you have russia with whatever they're doing. they're also a player in this and with holding their product when they want to. is this a great time to curb, to stop, to slow our energy production in this country? >> no, i think is the time to open access. we still have bans on offshore drilling. we can't export crude oil. we need to talk about opening access to markets because the best goal and best way to reduce one nation's ability to use energy as leverage and for geopolitical means is to increase global supplies. this is a global market. the more we can produce and spread to other countries by removing our bans on exports, that is going to reduce those country's ability to use energy
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as leverage. we should talk about opening access more than anything else. gerri: access to everything. pipelines, you name it. >> that's correct. gerri: from my understanding is, the impact of this policy, 300 plants will close over the next six years. that will increase costs not only for families but hurts the broader economy because it raises energy prices for everybody. raises energy prices for people making wigits. it hurts our competitive stance across the globe. nick, thanks for coming on the show tonight. very good to see you. >> thank you. >> now we want to know what you think. here's our question tonight. is president obama's war on coal putting us at risk? log on to gerri willis. .com. vote on the right-hand side of the screen. i will vote share the results at the end of the show. more trouble in the nation's skies for our parents. american airlines increases fee for young travelers flying alone. parents will have to pay 150 bucks each way for kids as old
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as 14. this is on top of what you pay for the ticket. information what you need to know is a travel expert. he is the youngest american to travel to every country in the world. congratulations to you and thanks for being on the show. do these airlines not want kid to travel? is that what is going on here. >> this is complete disaster, especially with nightmares going on with the merger. they're using this as opportunity to say us airways was charging 150 each way before the merger. so they will do it and continue on. gerri: that makes no sense. >> no. gerri: that's silly. am i getting anything for that money as a parent? >> as a parent in theory the spin they're trying to give you it is continuing until the child is 14 years old as opposed to 11 how it used to be. really i mean you're not getting much more. what really, what 14-year-old needs you to walk them down the aisle? they're two years away from driving. >> show you how it stacks up with other airlines out there, right? you want to know what other airlines are doing, right?
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us airways, it is 150 bucks. delta, 100 bucks. jetblue, $100. southwest airlines, $50. they're all doing this. fees go nowhere but up. i want to ask you about this couple weeks ago we had a story, united that lost a 10-year-old on her way to summer camp. lost a kid! you're paying more, getting nothing! >> well, i mean to me that is honestly a microcosm of customer service you get with most u.s. airlines in general of the you don't want them ever to lose a child of course but if you're paying $300 on top of a ticket probably about $300 or more, in most cases, you really obviously don't want to have to deal with that. you're paying for them to watch your kid of the that's what you're paying for. gerri: you know, babysitters would love to make that kind of money. i know a whole group of people you could employ out there to do this for less. if you want to sit with your family, those fees are going up. talk about sleet selection fees. what do you see as trent
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there -- seat selection fees. >> airlines charge you 50 to $100 to choose your seat. that is ridiculous, depending where in coach you might be sitting or in business of course. if you're sitting in emergency or want aisle versus window you have to pay more. add that on top of everything else. just another example of how the u.s. airlines legacy carriers are nickel and diming consumers. it is maddening. >> amen and amen. look at that. extra 50 bucks. extra 30 bucks. want to get a little more out of your pocket. since we're sort of complaining at will here i wanted to mention american is halting free meals on flights shorter than two hours 45 minutes. if you're a business person out there all the time and rely on the airline to provide you with food, forget about it, right? >> they're eliminating food on flights under two hours. united is actually upgrading their food on flights under two hours. kind of in direct contrast. gerri: yea. >> they lost so many customers during their merger a couple years ago with continental. now american is going through same growing pains.
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united is trying to take back some of those clients and appealing to their stomach. for me, somebody flies over 200,000 miles a year. i'm not going to rely on airlines for my food anyway. really not going to work. >> you don't like that at all. >> no. gerri: lee, thanks for coming on. before you go, who is your favorite airline domestically? >> domestically, they're all bad to be honest. i said this ad nauseum. i prefer almost any international carrier to any u.s. carrier. gerri: you have to have one you like a little bit? >> if i had to choose i would choose united, all the international carriers on star lines are much better than all the others. that is it. gerri: you're a tough customer. thanks for coming on. >> anytime. gerri: a lot more to come this hour including your voice. your voice is important to us. why during the show we want you to facebook me, tweet me, @gerriwillisfbn. send me e email by going to gerriwillis.com. at bottom of the hour i will read your tweets and emails.
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we have the latest forecast where prices are head. stay with us. wondering what that is? that, my friends, is everything. and with the quicksilver card from capital one, you earn unlimited 1.5% cash back on everything you purchase. not just "everything at the hardware store." not "everything, until you hit your cash back limit." quicksilver can earn you unlimited 1.5% cash back on everything you could possibly imagine. say it with me -- everything. one more time, everything! and with that in mind... what's in your wallet?
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gerri: well a trip to the grocery store keeps taking a bigger bite out of family's
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budget but with the drought in california nearing a thousand days, soaring food prices new normal? joining me the supermarket guru. phil, always good to have you on the show. we're hearing stories out of california from farmers that they're laying off family members practically. they're afraid they will have to sell. just how desperate is it? i heard you have spoken directly with these farmers. >> absolutely. last week i was in davis, california. i have met with a whole bunch of farmers. yesterday in austin, texas, at the ag chat annual meeting. they're very concerned about the water situation, the drought situation, and frankly, gerri, what is going on in california is really tentative right now because last week the state gnat approved a bill that could take a lot of water control to the local level. if they proceed by august 31st, we'll have city by city municipalities arguing over who gets the water. 80% of california water goes to
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the farmers now. that could all change. to your point, prices go up. even as in your last report, talking about the airlines, we're going to have to sying foe airlines. gerri: wow. so, one of the questions i had for you today, i understand there's a lot of contentiousness between the farmers and the cities. the cities feel like they need more water. they're not getting it and farmers are taking it all. how is that going to shake out? >> well, we've got to understand the big picture. the farmers are feeding the rest of the country. the as a matter of fact, people are out there washing cars and watering their lawns. in fact in some municipalities, people are digging up their lawns so they don't have to water them, to be a i believe to give water back to the farmers. this is very contentious. we really don't need legislation here but there is a hope that el nino is going to hit. every three to five years we have el nino or la mean yaw hit the west coast.
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la nina. there are reports that could happen next year. we need to hold on for about another year before everybody gets carried away. but governor brown has said by august 31st, he wants legislation in place to manage water here in california. >> i got toll tu, 82% of california experiencing extreme drought. we know sacramento, is the breadbasket for the entire country. when i lived out there at farmers market you could get absolutely anything you wanted. it is a wonderful place to be but let's talk about the impact on prices. which food products get hit the most? >> everything. we're going to see all produce items going up. we're going to see a lot of beef, and also beef for two reasons. we're really increasing our export of beef to other countries, number one. number two, is there is less after cattle supply out there. and a lot of the cows don't have grass, don't have the grain. now there is good news that the corn crop is up. so for those cows eating corn,
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corn-based diets, they're going to be okay. but a lot of that upscale beef, a lot of that organic beef that's been sold and rocketing in prices, that is going to continue to go up. gerri: i want to show some of the usda's forecasts for this year. beef, veal and pork up 5.5%, to 6.5%. fresh fruit up 5 to 6%. fresh vegetables up 2 to 3%. do they have it right? are we going to see higher prices than that? >> no, they don't have it even close. gerri, we're talking two to three times these numbers especially when you look at beef. if you look at one of the things, you and i talked a lot about this, we're starting to see more exports from china, this is cheap food that's coming in. that is going to change things dramatically because, for a family who can't afford chicken prices, that are domestic, they're going to buy chicken from china. or -- gerri: phil, phil, wait. who wants to buy chicken from
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china? for goodness sakes, we have no idea what their controls are like over there. and we can barely produce chicken that is safe here. >> well, i've been to china. i've been to the food factories there. you're 100% right, gerri. i don't want it. but a lot of people aren't going to know. a lot will go into fast-food operations or restaurants, food service. but always look at that package. look for country of origin. it has to by law say where the product is coming from. even on produce. so make sure you look very carefully to this. prices go up, people are going to look for, you know, cheaper supplies so that we don't have sticker shock. would i rather eat a little less meat. i know that is sack little religious to say to you, gerri, eat less meat, fill up plate with vegetables that all come from the u.s. gerri: phil, you were the right guy for this segment, that's for darn sure. thanks for coming on tonight. >> thank thank you, gerri.
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gerri: with a third of the country experiencing some form of drought there is concern some states and cities running out of water. the states suffering the most make our top five. number five, oregon, this is one of the states are getting worse. there are no parts in what is considered exceptional drought. a third in extreme drought compared to 10% in may. number four, oklahoma. nearly half the state is in severe drought but down from may. number three texas, much of northern texas is state of exceptional drought with 60% of the entire state in some form of drought conditions. texas actually has a quarter of a million farms too, the most in the country. number two, nevada, there is a surprise. 100% of the state is in drought, one pun%, 12% considered part of exceptional category up from 8% in may. this left lake meade with record low water levels. number one state-running out of
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water, we just mentioned it, california. more than half of the golden state is in exceptional drought situation with nearly 100% of the state in severe drought. the again the situation is only getting worse. three months ago only one quarter had that distinction. other states in trouble, new mexico, arizona, even after recent flooding. later in the show, a "top chef" winner joins me on the plaza with end of summer grilling recipes. you want to see that. next will the iphone 6 be out by christmas? we have latest report that claims the launch of the popular phone may be delayed. you will want to know about. ♪
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gerri: latest developments in a story we brought you not too long ago. the maker of wearable fitness tracking devices is responding to harsh criticism from senator chuck schumer. fitbit said it never sold personal date to advertisers and clarified its privacy policy which prohibits it. schumer has called for federal rules to help consumers protect their data from fitbit and other manufacturers of wearable devices which i love i have to say. well, more devices, the launch of new iphone six may be delayed. fox business's jo ling kent joins me. what is the holdup? >> there is display manufacturing issue. the hard glass they want to create will be wider and thinner. apparently it wasn't lighting up enough. so they had to go back to the drawing board to redesign it. there was a delay from june to july. the good news for all those waiting on that september 9th supposed date
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for the iphone launch, everything is back up to speed ride now. we're watching how this is going to affect the stock of course. and the issue is how many iphones can they produce if they're behind. if they go on sale, sometime in september and fewer of then, you will see a bigger crunch for holiday season. i know a lot of people are excited about these phones. gerri: a lot of people are watching, waiting to see what it looks like. have they had delays like this before or no? >> they have actually had delays kind of like this before and ceo tim cook came before and said don't panic. one data point. it is long process making the iphone. he has to say something like that. you don't want to get shareholders an investors all riled up about it. but apple's stock is really, really doing well. everyone is anticipating, since the last earnings report, the stock is up by a third. and we're already seeing analysts tell us that this is what it is all about, the two iphone 6 models plus potentially a wearable device. if they take the wearable device an debut it in early september.
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we could see the stock grow. gerri: that is what i want to see, wearable device. >> that where ceo tim cook has to deliver. gerri: jo ling, thank you vich. >> anytime. >> we're heading outside with end of summer grilling recipes. that's right. forget luxury cars. folks are shelling out five pig figures for a bicycle, people. look at these fancy rides. >> ♪. 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.
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♪ gerri: well, bike riding in america is getting expensive, especially banks which are growing in popularity. in the cost of these high-and bites has gone up 75% in the past. he was some of these pricey wheels, the owner of strictly bicycles. thank you for coming on the show
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good to have you here. why are these so expensive? >> basically it is the cost of the material of the bike is made of, wheels come off ramp, component. gerri: and i was wondering. this is very macho, red, black. i have to tell you, i probably paid more for the basket on the front of that for the bike itself. so if you have a lot of women buying these? >> we do. women starting of entry-level bikes but getting into the high-end sports as well. every level of bike. gerri: one for 11,500. >> right behind you. gerri: so, while. is it heavy? no, my goodness. that is so light that it is amazing. how heavy is that? >> that is 12 pounds. it. gerri: it is made by check. what is it made out of? >> it is made out of aerospace
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grade carbon fiber. even the wheels are carbon fiber as well. it brings the way down. gerri: we have a $15,000 bike. where is that? >> right here. gerri: i like the red area that is not how you pick a bike. >> no. base -- well, you can. some people do. gerri: what is special about this by? >> not only pretty but aerodynamics, light weight : happens to have won the tour de france last year which is a big bike race and a pretty famous. gerri: this is the one that did it. this see right here, look at that. how painful is that? i am a little concerned about that. >> and it also has electronic years. gerri: what do you mean electronic. >> figures are electronic. there is no cables a more. gerri: wow. i did not know that. all right. so you have a $20,000 by kidder, my friend. which one is that?
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i could throw this. it is so light. nope. nope. not $20,000. why is this so popular? >> this is a custom built bike. someone makes it especially for you. we basically have a customer pick up the frame, wheels, and the bark, components. everything is done specifically to the customer. just like a furry reporters. gerri: who is buying despite? who is paying $20,000 for a bike ? >> many types of clients. presidents, attorneys, doctors, and the average person that just love cycling and was something really nice and can afford to 2000. gerri: but their spending. you have a bike here for people like me or somebody who wants a nice bike but don't want to pay an arm and leg. >> this is a great bike. with all of the technology in expensive bikes a consumer that is just
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starting to get some of the same feeling designed but in something more affordable. the 2011 price range. gerri: 2000-$4,500. what is your advice to people who want a really nice by? >> the first thing to think of this figure out what you would do with the bicycle because their different styles of blacks. and then picking a pt, but reco. [laughter] gerri: but your color. and then find a retailer you trust. we trust you. thank you for coming on the show. great stuff. well, it is time to get out the growth and fire it up. we have savory dishes. here to help me with that, the chief executive and the general here in new york city as well as the winner of the top shelf season three, you recognize some. in some nice to meet you. >> send you. gerri: thank you for coming in. my favorite thing that we do are the food segments. what are we making?
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>> a little barbecue. summertime. i love squash, tomatoes. gerri: i like the meat cooks the meat, the fish. as simple. so we are going to start off with you helping me make the marinade. gerri: what do i do? >> honey, solid, of oil, thyme, garlic, black pepper, equal parts sweet and salty. gerri: i never thought of that. >> right on top of our meat. and this cooking. anything you want. it will appeal a little bit. yes. and that will be -- that is of little bit of time. stir it up and that becomes a little glaze for our meat. so this is simply salt and pepper on the meat. and as it is cooking go ahead and lightly glaze it. gerri: you are not soaking it. >> you don't want to soak it the honey and sugar fat. as it is cooking you want to glaze it up.
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gerri: satellite that. >> corn is great. lightly charred on the barbecue. gerri: i see that. you do it in the house or outside? >> outside paris that way i can get a little chart. you can do it both ways. with the husky open it up, but some other and there, close it back up and let its growth. gerri: i have never done that. >> sewn been going to show you. gerri: the taste for this. good stuff. what else to we have a? >> so little my version of jimi sherry. the start the deaths of
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america, red wine vinegar garlic, olive oil, chile's pop. do what everyone. >> red wine vinegar and olive oil. i like meant. lots of men. gerri: that smells so nice. >> the lot of garlic. a little too. gerri: what am i going to do with this? >> your meet israel. don't add a little bit of the corn succotash right on top. that is amazing. gerri: how much is in there? >> growth squash, grilled corn, tom brennan tomatoes.
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a little soy. vicente says that is the savory. gerri: i love it too. candid is better than salt. >> it is wet. and then after that this can go right on top of the protein. a piece of nice sashimi, if you like. a little bit of a city, breaks up the fat. a little refreshing with the mint and the lemon zest. gerri: listen, how long am i going to have to work on this to make it happen. >> you know, corn, squash, slice it up, throw it on the ground, put it back in a saute pan. if you don't just keep the car like this c'mon on it and call it a day. that's easy. [laughter] gerri: the me does not take long. >> amazing right here prepared by ourself. peaches and cream. so gramm cracker crust with marsh to ponzis, of very
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light and creamy cheese. and then a little bit of syrup and . simple, refreshing. gerri: i love peaches. >> of, yes. and nice chart. [laughter] gerri: i have to start with the desert. awesome stuff. you just did a great job today. thank you so much. and we will be right back so ally bank really has no hidden fees on savings accounts? that's right. it's just that i'm worried about you know "hidden things..." ok, why's that? no hidden fees, from the bank where no branches equals great rates.
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♪ gerri: we have another consumer alert and important for parents and grandparents being forced to recall more than 2 million beanbag chairs after two children open them, crawled inside command suffocated to death. the consumer product safety commission says a 13-
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year-old texas boy in the 3-year-old kentucky girl were found dead after they inhaled the chairs from beads. the shares are sold at a host of locations, including wayfarer, walmart, and amazon parrot a cost between 30 and $100 sold before july of 2013. prepared kits offered by the company. well, on to our legal debate class is barely back in session and already countless and outrageous new suspensions are sparking controversy across the nation. can parents fight back? our panel of legal eagles is here. a partner. fox news legal analyst here. this is not going to be a debate because we are on fire. >> it is outrageous. [laughter] >> crazy. as a mother of 2i am against this. gerri: do you feel the same way? >> in the end i must say that i do. you have to recognize
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unfortunately in this post sandy hook world that we are and, schools are concerned about, i guess, not so much saying god bless you and so many sneezes but guns and things. >> that is one of the cases. a kid says doug bless you and somebody sneezes. that is offensive? gerri: why is that a problem ? >> system from the fact that the god bless has something to do with the religious aspect which is not something to be set in school. [laughter] >> that is heard. if you sneeze right now, which i hope you do i would say god bless. >> a knee-jerk reaction. >> but it goes on pass that. one kid that boasted of his facebook, i am going to kill the dinosaur. last time i was on their dinosaurs were not around. so it is a joke. people are getting suspended. gerri: the stories on facebook. this young boy wrote a story
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about shooting a dinosaur. if you had been alive when the dinosaurs were there probably would have the new. >> i think those words like kill, gun. and just saying, -- >> you can't. >> $0 doesn't make any sense. there is no judgment. we pay our teachers and principals did to their reading, writing, and arithmetic, but we pay them for judgment. that means that you can judge when a kid eats a pop tart and a pop tart happens to look like a gun the kid get suspended for that? is just wrong. it is a pop tart. >> it is overkill for lack of a better term, but truth be known schools have this tremendous responsibility. young children killed. i am not saying by any stretch that it is not overdone. >> there were killed by some
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-- gerri: here is my question to you. can schools operated by trying to excise any mention of violence? that is what the real world has come of violence? captain to take it that means they have no exposure to it which makes no sense. >> it doesn't. zero tolerance does not make any sense. go to these examples one after the other after the other, as a mother with kids in public school it just boggles my mind. gerri: let me mention a couple of other examples that we can hash over. 6-0 and colorado and suspended for kissing and ron and in class accused of sexual harassment. >> that is not even safety. that is just insane. >> you were scared me for a second. >> no. when it comes to safety, gun temecula, words like that, there is one thing i am not condoning. kissing a girl on the hand. >> all of the valentines'
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would be gone. little valentine's card. come on. >> that, i agree, is ridiculous. it only really, any possible relevance if it has to do with safety. gerri: one that has to do with safety. want to know what you have to say about this. virginia is expected to raise a blade away from another student who is about to cut yourself command the girl who takes it away gets in trouble. why? >> again, that is crazy. unfortunately, this does happen, especially in high school. it is a horrible thing, but it does happen. we are silly to think that it does not. one is trying to step in and do the right thing and she gets in trouble. there are other examples. there the ones that get into trouble. >> that does happen. it's sort of like who gets caught at the end. the real issue is somewhat as a razor blade doing in school. >> that is a good question. gerri: i buy that.
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>> again, judgment. we pay our teachers and principals. gerri: they have no judgment >> exercise some judgment. the tape that's judge led away from them. >> when people are confronted with safety issues now they want to be the one. gerri: not unless you had me on the head with it. >> you ingested and it makes you fat or something, i don't know. gerri: i am sure we will tackle that as well. very good to see you. now we want to hear from you the new report shows the president's war on goal is forcing us to imported from elsewhere. here is what some of you are telling me on our poll question tonight. relying on other countries for import by shutting down our own lines is never good. keep our people working. yes, economically, environmentally, national security. if we can't produce system a clinic here it will come dirty from somewhere else. on facebook, done nothing
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but increase every aspect of risk, militarily from our southern border, fiscally, from the time he was sworn in. here is michael. in every way we can think we should be using coal from american mines first. i agree with you. here are some of your e-mails on a continuing investigation into imported processed chicken from china for consumption right here in the good old usa. china cannot even get dog food right. this is no way. we don't need it here. bob from new jersey degrees. i would absolutely not purchase any chicken or other meat from china. in knows what they do to process it. given their track record would not at tustin to inspect it properly. judy from alabama, no, we will not buy chicken every note has been processed and china. i agree with all of you. love hearing from you. send me any now.
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still to come to my "2 cents more." the answer the question how do you do that. we have advice how to cut costs on textbooks. here is your customer gauge. we will be right back.
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♪ gerri: and now, does not matter where you go to college. there is one universal truths. the high cost for higher learning. text books alone cause sticker shock. there are ways to cut the cost. robbed frank, senior vice president of publishing of the princeton review and author of the best 379 colleges which i think we've done a segment on. good to see you.
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the average student will spend something like to of hundred dollars of college textbooks and supplies. that's a lot of money. why are these costs so high? >> a couple of reasons. in right degrees of hundred dollars to $2,000 from a particular high cost keep the costs of many textbooks and particularly in the science is eye. gerri: jimmy, the person who writes it to spin a lot of money. >> it takes a lot of my to collect from a lot of different writers. keeping that up to date is number two. and in regular printing and distribution costs, those of the big three things. gerri: and they just keep going up and up and up. there are three reasons why they are high. it weighs that students can reduce these costs. >> a couple of easy things. many professors of shrine to keep costs low, putting lots of books on public domain
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and a library. two, keeping rental options out there for students. barnes and noble, renting part textbooks or online textbooks for students. it's almost 80 percent off. gerri: you mentioned. which are most expensive? you said it matters what your studying. >> it is. most of those students, organic chemistry, notoriously hard for students by way of cost. valuable books. there might be resail purposes. >> if you read these books can you write in the margins. that is what i did to my books. highlighting and writing. that is how you learn. >> it's how you learn, but another person might not learn that way. these are the things you have to ask early on. shipping costs. the damage feed.
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how long is the rental? usually hundred and 30 days for a barnes and noble but it might be different. you have to know those things going in. gerri: what if i buy it and sell it after word? >> absolutely. many undergraduates probably do that. by a full price and sell it back later. gerri: you can do that in school stores. they have those kinds of options. are there downsides in not having it? i was always anxious. i feel like it was a downside. was i right? >> a lot of students feel that way. stay close to the faculty as well. in the revised edition of this particular book and is this going to be a dramatic departure? get that real time relayed from students and faculty. gerri: you've said something interesting, talking about how sometimes these professors don't make up
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their list until the last minute. trying to do some kind of special thing to get the book can be difficult. >> absolutely. contact your faculty during the summertime. passing it back. he had a good relationship it's easy to get in contact with professors. relying on that and make your decision. gerri: get the books and before class starts. the summertime and start buying them in research in. you're so smart. >> you're so kind. gerri: thank you. we will be right back with my "2 cents more" and the answer to of my question of the day. as president obama's war on call putting a at risk? ♪ unlimited cash back. let that phrase sit with you for a second.
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him earlier in the show we told you about a new report showing that he we are importing bid amounts of coal. and the war on coal is costing american jobs and forcing us to rely on dangerous regions for our energy supply. it's president obama putting us at risk enact we asked the question gerriwillis.com and 97% said yes and 3% said no. log on for our weekday question every day. there's supposed to be room for jell-o, but guess what, that is not the case anymore. jell-o invented nearly a century ago is struggling and could soon join iconic brands going away. sales have tumbled 19% in the past four years as alternatives like greek yogurt surge in popularity. many fear that high fructose corn syrup impairs a child's
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memory. and government ineptitude. you've heard the stories all day long. but i would like to leave you a little bit of good news because mortgage rates are at their lowest level in a year. if you're thinking about buying a first home for a or a new home or maybe even a second home, now could be the time. according to the folks at freddie mac, the nationwide average fell to 4.1% this week a 15 year loan is a luscious 3.23%. that is my "two cents more". that is it for tonight "willis report" and don't miss our show on monday. find out how to set the perfect price for selling your home. don't watch your investment slip away. driving potential vials away, all of the answers are here and thank you for joining us don't forget to dvr the show. have a great weekend and we will
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see you on monday. ♪ ♪ single good evening. global outrage after the isil released a video of radical islamist terrorists beheading an american journalist. the isil claims it did the barbaric act in retaliation for u.s. air strikes in iraq. the expansion of isil is accelerating in the region. and isil's decapitation of an innocent journalist prompted president obama to take another pause in his two-week vacation to address the killing of james foley. here is the president speaking from martha's vineyard.

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