tv MONEY With Melissa Francis FOX Business September 16, 2014 2:00pm-3:01pm EDT
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melissa, what do you have? melissa: we have so much on the docket, thank you so much. ebola and isis duke it out for the title of public enemy number one. the new plan as fears of containing both spread. no relief in california. the brutal drought keeps drying up farms. listen to how we'll be seeing even more barren ground across the state. what that will cost you no matter where you live. >> into taking a shot at apple, paypal and microsoft latest dig as they vie desperately for the spotlight today. despite crazy high prices we'll tell you who is giving away coffee to get people in the door because even when they say it's not, it is always about money. melissa: president obama on the road this week to handle two global threats, the ebola outbreak and the rise of islamist extremist. the white house will send 3,000 troops to west africa to combat
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the deadly virus which is double the amount of troops the president is sending to iraq. look at that double the number. bring in today's panel. fox business's own charlie gasparino. david asman and marshall aurback from the institute of economic thinking. charlie, no beard, what happened? did someone shave you on the way to the studio. >> loathe to mix myofacial hair with ebola because this is serious topic. i will say this, three thousand troops, are these medical advisors? melissa: they are boots on the ground. it is symbolic of the commitment and financial commitment we're making to these two different major threats. twice the number of people are heading to deal with the ebola crisis as to deal with the isis threat. i think that is the comparison. >> really the question who threatens the homeland more, is it ebola or isis? i would arguably emphatically it is isis of the millions of people die every year because of diseases that are bred in the
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third world. as we found out good thing about ebola, if you have first world technology applied to it, if in a first world setting you can cure it. we've done it several times now that. means as horrible as it is with the millions of people dying they are not threatening our homeland. the diseases they have are not threatening our homeland. melissa: inappropriate that we have doubled effort? >> i think it is. >> well, on on the other hand you can argue 3,000 will be much more cost effective way of dealing with something. i don't think three thousand will get you anywhere near solving isis problem. everyone concedes it is 10-year battle on our hands. you can make a point he is doing something practical with ebowl lakes never get the memo, never lie on your resume'. walmart's chief spokesman has resigned after the retailer notice ad fib on his resume'. basically he said he graduated from college and he didn't. he walked in the school's graduation ceremony. moved to new york. got the job. several months later he had been
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in fact a few credits shy. he already had the job but never looked back but continued to list himself as graduate from the university. >> listen, i'm not advocating lying on resume' but i think there are other things. was he good pr? >> that is a big thing and take it off, say you attended instead of graduating. >> was he a good pr guy? >> more to the point. he walked into the graduation ceremony what happened? melissa: he walked in the ceremony and got a letter later. >> better than rosy ruse then at boston marathon. melissa: a lot of people are lying on resume'. >> one of the best hire i ever made working at "wall street journal" i hired james turrano. melissa: sure. >> my choice between james turrano who never graduated from college -- melissa: he didn't lie about it. >> and them from a guy turned out to be one of the biggest page garrists in the world, stephen glass. glass had ivy league credentials
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and there was something wrong with him. he turned out to be a fake. melissa: 73% of the people in the financial services industry have lied on their resume'. >> that's stupid. they shouldn't. >> i will say this, if you didn't graduate from college now, i remember at a time first started in didn't have to graduate in college. my mentor, bob greene, great investigative reporter from "newsday." had two pulitzer's. went to fordham but never graduated. michael moss at "new york times." melissa: more reason he shouldn't have lied bit. >> here is the difference. now, if you almost can't, people won't interview you. >> i don't agree with you, charlie. there are people here who work at fox news right now did not graduate from college. >> as entry level, it is a fox news -- >> people on silicon valley didn't graduate from college. >> that is different. entrepreneurs totally different. melissa: scotland's independence vote two days away and britain's
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prime minister david cameron practically begging the scots to say, quote, if you don't like me, i won't be here forever. if you don't like this government, it won't last forever but if you leave the u.k. this is forever. this is getting really desperate and contentious, what do you think? >> the undecided seem to be breaking very decisively towards independence. in a panic has the government although mr. cameron might find himself fulfilling truth of that prediction much earlier than he expects. his position would be untenable. >> he can't survive. >> but as a scott, i have to say i love to see the brits groveling at the feet of the scots to say, stay with us, please, stay with us. melissa: you're a scott? you hide your accent so well. you don't sound scottish. >> my wife bought me tart tans and little skirt. melissa: you have to wear them next week. we have a leg feed attitude yo. united is offering -- voluntary buyout option worth up to
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$100,000. they leave early, they say, the cost is less to have flight attendant with less experience versus one with more said united spokesperson. they're trying to get the men and women to retie early for $100,000. on face of it sound like a lot of money. >> you have to pay me 100,000 to fly. that mask as bigger problem. melissa: you fly privately? are you that fancy? into no. i have to fly united unfortunately, and i'm sorry for one watching from unite, i will get a lot of angry phone calls. >> coffee in the face. >> look reality is it is a people business. if you keep undermining the wages and benefits of all these workers and demoralize them, you will get demoralizing flight experience actually. i think, as -- melissa: you agree with that. >> it's a tough job. the thing is, working as a flight attendant, i can't think of a tougher job. i would take the buyout if i was steward he's. >> i think of a lot of tougher jobs. working at mcdonald's, digging
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ditches. >> to have 60 people scared, screaming at you. you know. you would make a good flight attendant. >> calm down. talk about a tough hard manuel labor very as you flight attendant. totally different. >> charlie i think it is easier to do manuel labor any day of the week. i've done both. i never been a flight attendant. i've done service industry and. >> you can get killed -- >> rather do hard labor. melissa: this news is coming in. bab news for pop star rihanna. cbs dropping her entirely from thursday night football following fallout from the ray rice abuse incident. last week, she was supposed to sing the open for the ravens game. they realized huge foe paw in that. now she is being cut entirely. there was a lot of backlash last week when they said rihanna is victimized again. >> why is she compared to him?
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melissa: reasoning on other side she was a victim of domestic violence and did not speak out bit. they had an opportunity, given her stage -- i'm just saying this is what the other side is saying. i'm not advocating the other side. >> nfl, this is where i like roger goodell but running one of most bizarrely politically correct institutions in the world. melissa: sort of. then they didn't suspend ray rice until -- >> look what they did. of richie incognito, bullies somebody, thrown out of the game. ray rice is, no words and gets to stay in. melissa: i don't know if this is cbs decision or nfl decision or. >> it's a combination. it's a combination. >> our society is imbued with too much political correctness. >> not on domestic violence. >> words are worse than deeds? what did she do? she, told a lie? melissa: she had opportunity to speak out on a platform and -- you. >> should know anything about the nfl it works in conjunction with every major entity it deals
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with. melissa: okay. speaking of politically incorrect, love me tinder. one guy might have perfected the dating site as he posted his $127,000 bank balance, as his profile picture. that is supposed to be a picture of your face. instead it is his bank balance. for uninitiated, tinder is dating app muchs you with others pretty much based on looks alone. $127,000. >> not exactly that rich. melissa: maybe he got a buyout from united much. >> going to say. >> in new york, maybe not but in sioux falls, iowa. melissa: he is 29 years old, that is impressive. $127,000 in your bank account. >> go to dell 'frisco's across the street. melissa: right. >> real rich people never really wragg about it, right? ken langone -- >> doesn't have to. everybody knows him. >> real people that make money never brag. i think -- melissa: you're saying this guy is coming off as -- >> l. >> loser.
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melissa: jack hole as they might say? no, without question but i don't think i would pick someone on tinder. >> not always about the money. melissa: it is, i mean not on tinder. you know, i don't think -- >> a lot more money than that. melissa: i know. >> i would put my picture with my goatee. melissa: i think that would work. >> to meet ladies. >> you get ads from frederick's of hollywood and -- melissa: don't want to go into that. let's move on. thanks, guy. >> ladies of the evening. melissa: talk about convenient timing days before amazon rival alibaba goes public, jeff bezos rolling out a new plan for space travel. probably just a coincidence. the u.s. ramps up military strikes against isis. the questions remain about the strength of that broad coalition. smart money on the way. >> really, our partners don't want to be named, huh? [laughter] so you'll join the coalition as
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long as nobody knows you're joining it? on the dl. [laughter] just as long as none of your buddies find out. like our coalition is your hookup, that you pretend not to recognize at parties but as you're walking by us, i see you in kurdistan at three a.m. who work with regional experts that's when expertise happens. mfs. because there is no expertise without collaboration. no question about that. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain,
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melissa: the u.s. appears to be answering calls for increased response against isis. the latest airstrikes in iraq near baghdad. and sinjar being called the first part of an expanded effort to combat the islamic extremists that became a enormous threat across the globe. while more than 20 nations to meet in paris to form cohesive global strategy, iran is washing its hands of any involvement. retired four-star general jack keane joins me to talk about you will at different topics. talk about the strikes iraq. start there. six vehicles destroyed as well as isis combatant post, that was firing on iraqi troops. is this significant? is it meaningful? >> well just one of many steps we have to take. our air campaign, up to this point was largely defensive, to, to protect erbil, to protect the humanitarian effort. to protect u.s. personnel on the
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ground. now we've given air power new mission, which is offensive in nature. that is to strike isis where they are throughout iraq, and hopefully, also in syria. i wish we were doing the same thing in syria as we speak but we're not there yet. but, so this campaign will change in scope and, in scale. and obviously these targets will become more consequential, as time goes on. melissa: speaking of overall strategies. more than 20 countries meeting in paris to talk about a broader strategy. meanwhile the ayatollah khamenei of iran, saying on twitter, i reject ad u.s. offer to iran about isis because the u.s. has corrupted its hand of this issue. is this embarrassing to us? i mean do you believe that we really approached them and that they refused to join in? >> no, i don't think we offered them the opportunity to become part of the coalition at all. i'm not suggesting we didn't
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talk to them in some fashion but the fact of the matter, i don't think we made that offer. iran rake strategy in the region and regional hegemony, destruction of state of israel. goals since the islamic state of iran formed in 1980. we want peace and stability in the region. they have been killing us since 1980, using their proxies. i think a moral imperative we do not work with iran in any case, shape or form here. melissa: elsewhere in the area we joined together with 20 arab nations but apparently they said they don't want to be named. is that meaningful? >> well i think eventually they will be, but here is what is really going on, melissa. they're not certain about our stated objective which is to destroy and defeat isis. they're concerned about the president's conviction and determination to really see that through. and they are watching what resources he is using. he is not putting air advisors
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down at the fighting units with the collage of military that we're using in iraq. these are the indigenous forces of peshmerga and iraqi forces and sunni tribes. not putting controllers there and not putting forces to kill and capture the isis leadership there. is concerns about the strategy really to destroy and defeat. or is the strategy truly just to degrade. melissa: general keane, thank you so much for your insight today. >> okay, take care. melissa: stocks firmly in rally mode on wall street. dow hitting new intraday record. mark newton on floor of the new york stock exchange. some are calling this jon hilsenrath rally, talking about "the wall street journal" fed reporter, who said the fed would dial back its language later this week and be even softer than people had expected. what are the traders saying on the floor? >> i think combination of two things, melissa and that is part of it. as the fed tries to end qe, it
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might be difficult to change terminology and remove this considerable time phrase. really undertaking too much at once. so yes the market is obviously comfortable with considerable time remaining in the terminology and in markets rallying. we saw a decent move after the pbco, the people's bank of china announced huge injection of $100 million into five largest banks are. freeing up capital. china is obviously worried about properties coming down in value. anything to help stem that tide and provide liquidity is seen also as positive. melissa: yeah. >> decent movement out of a lot of defensive sectors but positive to see the dow at new highs. melissa: it is, mark. thank you. you wouldn't know we're seeing a new record but at the same time, none of the components within the dow hit a new high today, which tells you something about the breadth. thanks for joining us. >> my pleasure. melissa: tune in tomorrow, live coverage of the all-important fomc statement with fed chair janet yellen. that is the news conference she
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will be speaking at tomorrow. you don't want to miss. that it always moves the markets. you can't afford to miss it. we'll be right there. the tiff heard around the country. a football player's 20-cent tip is raking in dough online. dire drought conditions taking a toll on california's economy. will the rain and relief ever come? do you ever have too much money? ♪ you're driving along,
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400 million-dollar loan. i would like to get the loan. sears says it needs the cash to take it through the holiday season. yikes!. shareholders not taking that as a good sign. that's shocking! lampert is feeling it more than most. he has 25 million shares in sears. quick math, do it real quick. he lost 67 million bucks. that hurts. also losing money, minnesota vikings. rad disson pulled all sponsorship because of child abuse allegations against adrian peterson. rad disson said they need time to reevaluate all the facts. that is the name behind the picture. they don't like it. the restaurant that received 20-cent tip from lesh shown mccoy. the receipt is on ebay. where bidding started, to 20 cents. it is up to 100,000 bucks. the money is shared among all the employees.
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that is a good idea. melissa: devastating megadrought putting a crimp on california's economy putting a agriculture in serious jeopardy. water is hard to come by leaving farmers in financial straits to find solutions. we have the deputy general manager, of california west lands water district. thanks so much for joining us. i grew up in california. so i know there is a very complex and expensive and well-thought out aqueduct system that brings in water from everywhere else. given that, how has this happened? i mean does that system need to be updated? >> well, let's, let me start by setting the stage a little bit. you know, today it is horrible. we have about two plus million acres with zero allocation of surface water but by many measures we had 20 years of regulatory drought due endangered species act. when we came in 2013, driest
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year in modern history, started 2014 water year with low storage. we have combination of the regulatory drought and lack of snow and rain. melissa: i mean issue you're talking about in case people from around the country don't necessarily know about it, a lot of water is not allowed to be diverted to farmers where they need it because they say you're upsetting environment and wildlife and animals that need the water, rather than the farmers. what kind of financial loss are farmers seeing, jason? >> university of california dates estimates about a $2 billion hit. i think that is very conservative. 17,000 jobs lost, in, san joaquin valley farms. melissa: california produces nearly half of all of the fruits and nuts and vegetables that is eaten all around the country, that are eaten. the nation's leading dairy and wine producer as well. the revenue lost, as you said, about a billion dollars. that is not just this year, right? does this flow into next year? >> oh, yes.
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we're very low storage going into next year and if we, even if we have a normal rainfall year, we could be looking again at zero or very lowa location because the reservoirs will end up 22% of capacity this fall. so, there is a lot of refill needed. and in our farmers have taken about 300,000-acres of land out of production this year, to give your viewers a sense, one acre can gee 40,000 salads. so there is a lot of food not being produced this year in california. melissa: jason, you're not first one to say that, what your legislators could do is change the law, that would bring you water right now. thank you for joining us. we appreciate night my pleasure, thank you. melissa: the droughts are not only thing california has been dealing with. unrelenting heat wave has been sending temperatures into triple digits in some parts, reaching up to 20 degrees above normal right now. it has been so bad, that residents have been maxing out air conditioners, sending power usage to levels unseen for years.
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the dangerous heat levels are expected to last through tomorrow. facing a lot of problems there. stifling southern california heat is taking a toll on man and beast alike. have you seen this? this is one bear with a strategy. he is cooling off at a sierra madre home, by getting in the pool. look at that. oh, this is much better. oh, feels so good. i will sit on the steps, to see if i can recline a little. my fur feels terrible. now, i'm so cool. look at this. he sits on the step, just lung r lounging, reclining. people inside, can you imagine what they're thinking, bear swimming around in a pool. obviously they decide to make video, that is your first instinct with a bear in the pool. later on he gets out to walk over to the hot tub area. go figure. all right. running off with the money how china's richest people are plotting to move overseas with all their cash and don't plan on returning. containing the plague.
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>> president obama is on his way to atlanta as the ebola outbreak continues to spiral of control. he is expected to announce a plan to help combat the virus that has claimed 2,000 lives across west africa so far. fox business's rich edson is live at the white house. what is the latest? >> the u.s. is sending troops to west africa to contain this, 3,000 troops with the idea logistically to command and control and contain this issue. the white house says the troops won't directly engage in patient care, they're helping to facilitate this, they're building a staging base, 17 treatment units, training 500 workers week and distributing hundreds of thousands of home health care kits, john boehner in discussing funding for all this says he is surprise the
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white house took this long and should have moved on this earlier. >> i am surprised the administration hasn't acted more quickly to address acted more quickly to address what is this serious threat not just to africans but to others from around the world and in the coming weeks you will see the congress and the administration take further steps to look at how do we best contained this very horrible disease? >> in responding to charges it took too long to the white house to move on this the white house is saying the centers for disease control started approaching this aggressively in march and say they are happy with their response and now is the appropriate time to read the. as for the thought that this will become a nation in the united states administration officials are saying any ebola infection in the united states is still a low risk scenario because the disease is not
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airborne and they say customs and border patrol officers are on the lookout and inbound flights for anybody who may have symptoms. that is not the best measure but the white house says they are at least concerned and watching out for any potential infection in the united states. melissa: as we await the president's plans to step up efforts against the deadly virus new fears now that ebola could come before we are able to make headway. fighting it in africa by want to bring in dr. manny alvarez from fox news medical a team, thank you for joining us. let's see the numbers rich talked about. there's a lot of debate about this, hundred million dollar, 3,000 people, 500 health care workers for weeks, 400,000 treatment kits. are we doing enough? >> for weeks, i have been on the air on your show saying this had to be treated as a military operation. for weeks i have been criticizing the federal government for not doing enough. for weeks i have been
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criticizing the cdc for not paying attention to the problem. now everybody's in panic mode. $1 billion. it will be more than that, it will be $1 billion, at to see if we can eradicate this problem because the turk is out of the box and running around like crazy. from the perspective of the question you asked, is this going to be, aubrey going to see cases here? perhaps the numbers are going to happen. is it going to be this type of virus that will turn, mutate? we don't know yet. i think it is too soon to tell. neurologists are not crazy about that constant. maria: they don't think it is likely. >> in the current form of transmission. if you have 100,000 people infected with the ebola virus in the african continent and europe than you have bigger fish to fry. melissa: the concerns about it moving to a major city? >> any city with a huge
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population flying out of nigeria, senegal, any of those places where we see these issues happening is bound to happen. this virus takes 21 days. somebody asked me how long will it take to get under control? you have got to wait 21 days since the last patient was infected. on day 20 see another body you are back where you were again. that is shameful about the president not coming sooner for is this. i am really upset about it. melissa: turning back to the markets, the dow is in record territory as investors gear up for tomorrow's 2:00 p.m. eastern fomc statement, we have it live on twitter followed by news conference from janet yellen, nicole petallides on the floor of the stock exchange. shares of pandora catching my attention. what is going on? nicole: you see stock coming out of the read into -- this is
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really stellar. jpmorgan analysts talking about the company, a $42 price target. the highs of the company, that was obtained earlier so 27-28, $42 mark seems great. and we are continuing this year and their all-time highs. melissa: thank you so much. a hurricane swept through a tropical resort in mexico but looters were not far behind. one soaking wet resort has been left bone dry by thieves now. look at me! someone is on a little jealous about all the attention ali baba is getting. amazon ceo jeff bezos is going to some extreme lengths to get back in the limelight. at the end of the day it is all about attention. [bell rings] ♪
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could something that small make an impact on something as big as your retirement? i don't think so. well if you start putting that towards your retirement every week and let it grow over time, for twenty to thirty years, that retirement challenge might not seem so big after all. ♪ melissa: i am melissa frances with your business brief. bought california in chaos after looting broke out in hurricane hit neighborhoods. pharmacies and electronics stores were rated after thousands of people were evacuated. large parts of the region are also still without power. look at that. apple shares falling and reports that china's largest phone
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company might ignore its new devices until next year. china mobile wants to focus on cheaper funds as well as cut the subsidy costs it pays for pricier smart phones. netflix has ordered two seasons of a new show called love which doesn't debut until 2016. the streaming giant ask the brain behind the hit show like barrels and brooklyn 99 to create a comedy about modern relationships. that is the latest from the fox business network giving you the power to prosper. [ breathing deeply ]
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maria: money is flowing starting in china where rich people cannot wait to move the way. a new report 50% of china's millionaires in the near future. and 56% of americans thought about leaving for elsewhere and one of them will go higher. strict currency controls led to a shortage of foreign made implants, much to the danger of beauty obsessed locals. and the highest perjury rates on the planet, 85,000 breast augmentations were performed last year. landing in egypt which decided to honor its famous u.s. now, why not, the only problem is
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they put a picture of the wrong place. mistakes happen. the designer included a photo of the rival canal thousands of miles away in panama. too that egypt has already printed, wow, that is rough. heading into the last hour of trading, liz claman, what she has coming up on your show. i know there won't be any huge mistakes like that one. liz: never. you have given us a precursor because you have a lower third banner that says the hilsenratth reporter coming up in a fox business exclusive, he is a contributor but everybody wants this guy, he is on with us. a lot of what we see with today's record-breaking dow jones industrials all-time record is being attributed not just by asset fox business but guys like andy brenner, one of
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the top analysts saying it is what john hilsenrath reported. he is very much in key with exactly what the fed needs. he is the best source for this stuff. we are going to articulate them and find out what was that gets everybody so excited. radio is the new black. we have bob pittman. they are changing their name and a fox business exclusive, it is a little more this millennium. they're going to talk about beating itunes radio, beating spotify and beating pandora in digital radio. melissa: he has the biggest inside track of any of the reporters, he is number one, look forward to is that one. amazon co-founder jeff bezos taking an opportune time to grab
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some headlines. he expected to announce a partnership between his space travel startup and boeing lockheed martin tomorrow. here to discuss it is rob an endy and david asman and chris bursar to. what do you think about that. ali baba stock is down 6%. amazon stock is down 6% since the ali baba idea was announced. what do you think? >> it is interesting because there is amazon and ali baba that this initiative has nothing to do with amazon, it is on the outside like the washington post is so it doesn't have to wonder about stuff in the air to get attention. >> i think probably as the other guy said the two of them are not closely related. if you wanted graf for ali baba you are talking stuff you are
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doing with amazon, we seeing -- melissa: an effort to get attention for the company say we're going to space? >> except is not connected to amazon any more than the newspaper is. maybe attention for him that this is an unrelated effort. ali baba is not going into space. i don't think they are closely related. if you want to draw attention to your company talked-about of your company is doing, don't talk about stuff -- waterskiing in france. melissa: paypal is not spooked by apple pay taking a not so subtle shot in the new york times, the full-page ad never mentions apple by name, but says we the people want harmony savers and our selfys. what do you think of that? >> it is a wonderful land, and robb knows better than i do i
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believe apple systems likely to be as secure as paypal's and even more so because they will be working with american express. i think american express is the best guarantee of any credit card company, my experience in dealing with them anyway and working with american express i think they are going to be about as safe as you can be, don't you? >> yes. i would agree, choice of substance, in terms of perception paypal hitting apple where it is vulnerable this week or two weeks ago, the nude pictures can the way they were not securing the phones adequately and paypal is hitting them there, recognize politics, perceptions and dads and they are going after the perception, not the reality and they're not going to attack american express, visa or mastercard but apple and its image and apple's image on security is now very weak but not only did apple have a problem, they pointed this to the celebrities as the cause of
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the problem and fix the problem. they shouldn't have said we're going to fix it now and take care of you. melissa: apple dazzled the tech world fighting on the september 9th launch party. naturally equally hit, microsoft. for its upcoming event. microsoft is expected to unveil windows 9. less their hearts. >> there's still been aired in the room, relieve the nerd. dave: is connected with this nerdy idea, notion of stuff that apple is so far away, wasn't just steve jobs.
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i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans,
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remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you in out-of-pocket medical costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >> time for fun with spare change. as apparent easing your children to read can be a very difficult task. one program is aiming to change how your kids learn or don't learn their abcs. a new apps is attempting to revolutionize the process one letter sound at a time. heidi dobbs joins me now. it is called her baby phonics
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but it is not phonics. >> our main point is we do not teach the abcs, we only teach letter sounds. that makes a huge difference. kids will naturally learn to read and it simplifies reading and that is the most important thing we need to do. melissa: the apps is currently free. how do you plan on making money over time? >> i am only focused on getting kids to read. my priorities simplify reading, getting kids to read earlier and easier and there are some baby phonics apps, i will worry about the money later. melissa: i have a child in preschool and the first thing they do is learn the alphabet. if you are saying skid that and go with the sounds how do teachers respond to you? >> of funny story.
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my daughter was in preschool and one day i went to pick her up and a preschool teacher said i need to speak with you. i am not worried, i want to let you know your daughter is reading. she was 3-1/2 at the time. i just tested her two days ago and she doesn't know any of her abcs and they're flabbergasted. there are 20 students in that classroom who know their abcs and can't read and one who can read but doesn't know her abcs. melissa: controversial but very interesting, thanks for coming on. why throw it when you can't eat it? edible coffee cups now an option and some are calling it the best thing since the doughnut. talking about coffee, one place the spreading of to give away for free, for a whole two weeks. no thome extra with plenty of money coming up.
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>> it's no joke, for the next few weeks, you can get a free coffee at the golden arches. you guys going to mcdonald's for free coffee? >> no. >> no? >> you get what you pay for. >> you think their coffee is terrible? i don't think so. >> i'm going to bring you both over to my place for coffee. i make the best coffee in the world. when i can't get my own coffee, i'm a snob, i go to starbucks. >> when i go to mcdonald's i want a little sandwich. >> you don't care about the coffee? >> i love coffee. but sales were down 3% last month. this is a great turn around. >> no, no. >> hold the issue. >> hang on. meanwhile, president obama's coffee preference remains classified information. the first family's choice of caffeine a closely guarded white house secret leading us to believe if the leader of the free world runs on dunkin',
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chris? >> the man of the people won't share his brand of java with us. >> it's secret, the only thing we know is the white house doesn't serve caffeinated coffee after noon. i don't know, maybe some of our policies -- >> how does he get on the links in the snafrn. >> in the old days he used to have a cup of coffee and a cigarette. i'm wondering if he is still smoking. >> i don't know. >> true breakfast of champions, you can have coffee and eat it, too. an edible coffee cup. a seven ount waffle cone dipped in milk chocolate used for espresso or machiatto. >> that looks like dessert. >> they recommend getting the machiatto and the espresso melts away a it a baby
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mocha. i wonder what the calorie count is. >> you, you don't want to know. >> a full day's calorie. >> isidora rosenfeld was the fox doctor for many years, he said the best medicine devised by mankind was caffeine. the best medicine was coffee, for makes, getting blood pressure down, believe it or not. can you overdo anything, but coffee is a terrific medicine. >> i feel like i'm going to get a lot of e-mail about that. i don't think i've heard anyone say that. >> isidore roosevelt one of the best cardiologists says it is great. >> says david asman. >> thanks, guys, thanks to both of you. hope you are making money. the market is up 120 points. this is a fed related rally. chances are that you are making money today based on all. that don't forget to tune in tomorrow, live coverage of the all-important fomc statement fed chair janet yellen's news
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conference. we are going to have it live. every minute of it. you don't want to miss it, what's moving the markets today, moving the markets tomorrow, a lot to discuss there. "countdown" with liz claman starts right now. . liz: don't move, anybody, i'm liz claman, glad you could join us, breaking news in the last hour of trade. the dow industrials blasted through all-time record close. what a rally, the entire stock market is really having, some top analysts are calling it the rally after the "wall street journal" fed reporter said in a "wall street journal" online chat that happened around 11:00 a.m. this morning, he expects the fed's language to remain the same when it comes to the current state of the job market, and to the state of interest rates. what does that mean? john is standing by with more on what he thinks will come out of the fed
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