tv MONEY With Melissa Francis FOX Business September 30, 2014 2:00pm-3:01pm EDT
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classified as physically inactive. still 28%. got to say what i learned on "fox & friends," people love their trainers. now, somebody that has what i call mommy arms, lifting those small kids, that is melissa francis. melissa: absolutely. digging in their heels. protesters in hong kong in it for the long haul, stockpiling supplies amid fears of a new police crackdown. look at those pictures. uncle carl gets the last laugh. ebay sets paypal free just as icahn intended. drew bledsoe winery goes viral after love from lebron james. former nfl quarterback talks to us exclusive. you can bet we'll ask him tom brady sitting on the bench as well. dreams do come true. illinois's governor plans to bring never ending pasta bowl of jobs to the state. charlie is groaning. even when they say it's not it is always about money.
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melissa: the umbrella revolution marchs on. protesters continue flood the streets of hong kong as they stockpile supplies and prepare for the long haul. demonstrators setting tomorrow deadline for chinese leaders to meet their demand for political reform. bring in today's panel. we have fox business's charlie gasparino, jack hough from "barron's" and chris, editor of power trend profit. this story is blowing up. meanwhile the president says nothing, he is mute. >> we should point out president obama is only president to sort of wimp out with china. bush and brent scowcroft toasting chinese leaders right after tianamen square, when that was 1989. melissa: look at pictures. >> before we start attacking president obama on this remember the bush administration aided and abetted a similar regime, similar crackdowns. i will say one thing, there is market story here.
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look at alibaba start killing people, pull a tianamen square watch shares of alibaba get crushed. melissa: you agree with that chris. >> i absolutely do. i have concerns about alibaba. people are afraid of slowing employment growth. chinese consumers are starting to save, not spend. very concerned about alibaba. i think charlie is right. >> remember, in the s-1, says we're dependent on the chinese government fulfilling its promises to be more open. melissa: now the opposite. >> story only ends one way because there is clear link between prosperity and freedom. china's economic miracle comes from the property freedoms it extended a while back. that will continue. people have more money. the question does it happen peacefully or painfully? >> conversely, if the chinese government doesn't do the worst, take the worst-case scenario here, that is good for alibaba shares. then free markets are working. melissa: they're talking about tomorrow being the tipping point. that's why we'll keep an eye on
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this. after long battle, activist investor carl icahn ebay confirms it will spin off paypal. uncle carl predicted the split on "money" right here. listen. >> i believe very strongly that it has value by smith it and therefore, i believe eventually it will be split. i can't speak to john about that but i do think that logically if he wants to see it enhance value, eventually this will be done. >> enhance value. melissa: charlie, when this happened, we were saying it feels like they had some deal behind the scenes to split off later. that's what we said. >> i don't want to talk about that. melissa: that is good impression. how long have you been working on that. >> like he is here with us. >> no secret deals. that makes complete total sense for them to break up the company, i don't know. melissa: so now. >> remember how i was saying, how cop you're so nice to an address enand other guy. melissa: one day he is torching them. >> remember he said, not going
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to say anything about andreessen. melissa: go ahead. >> should be wondering what is the next for ebay that has opportunity to do this? might be cisco. very interesting analysis from rbc capital. they have a few fast growth businesses, like what? don't mean to put you on the spot. >> wireless, security and some of the data center business. parts of those are growing 15 to 20% a year. if they separate those though attract a new class of growth investor. >> giving an idea to carl? melissa: he is, yeah. sure carl is watching. tweet him and let him know. >> dean foods, right? dairy business splits off white wave, right? the fast-growing almond silk business. there are ways to monetize the assets. >> you're right. it often means carl icahn -- >> to push the lever. melissa: one more time. >> i'm doing a public service. melissa: when charlie brings to the street, when you break it, no one can fix it. >> what are you talking about? melissa: i thought i said that
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quickly enough you wouldn't notice it. >> what do you want me to say? melissa: supposed to talk about the high frequency trade, the story you talked about when you walked in. >> that was oddest -- melissa: hello. >> oddest toss i ever had in my life. melissa: no, no don't go down that road. don't go down that road. cowan. >> listen here's the bottom line what we do know, regulators having a very difficult time coming up with, forget about criminal, maybe civil charges against high frequency traders for pernicious high frequency trading. bottom line is, i'm not saying they won't. a lot of bad stuff. largely on the edge. not a mainstream thing. what is stepping in the void to battle against pernicious predatory high frequency trading? what we see here is a private sector solution, coming out of cowan and company. peter cohen runs it, really smart guy. known him for years. andy sieberg is friend of mine. they come out with algorithm. melissa: an algorithm that can fix anything literally. >> it basically fixes it.
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to help their institutional clients. this only affects institutional client, evade pernicious and aggressive high frequency trading. melissa: just a the mare of time. don't need a regulator. market can fix it. >> i like what cowan is doing, because all these guys are running around like chickens with heads cut off, hybrid is destroying markets. it is baloney. you can just use, what do high frequency traders use? technology. what do you do to combat with technology? what cowan is doing, technology. private sector always does better than the public sector. melissa: speaking of chicago long nightmare is over. first windy city olive garden is open for business. creates 110 jobs to provide pure joy to all residents and myself anytime they visit. this is what governor jack quinn says. >> he loves it. >> someone quinn, saying let's eat pasta.
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>> not versace or gasparino. melissa: no, no. hang on. >> we shouldn't even talk to you. melissa: jack says you know your economy is in trouble welcoming olive garden in. >> touting it as best thing that happened. melissa: let the franchise open. >> above average growth and below average chicago raise taxes. question what do they spend on any on? not going to schools or road where is the money going? melissa: where is it going? sound like rest of us here. this is not the tune you normally sing on my show. i'm all ears. very interested what you're saying. >> wise spending. i'm a fan of what they have done in kansas where they slashed taxes. not fan of illinois where they raised taxes. >> we've been brainwashed. melissa: never happens in government, my friend. >> we've been brainwashed, jack. melissa: it is working. what you're saying? thank goodness. >> beside the fact that olive garden is crummy product. melissa: no it is not. >> it is not that good. melissa: bread sticks are phenomenal. help me out.
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bread sticks are fa many noll that. >> what is nice about texas? companies want to move to texas. they don't need rick perry to tell them. what is scary about illinois they have to do targeted things with certain companies. take olive garden out. they have to target it with such crummy economy with such high taxes only way you can get businesses to go there. melissa: speaking of stupid governments hang on, speaking of stupid governments, governor jerry brown signed california statewide ban on plastic bags. it is first state to do so. plastic tags phased out entirely at grocery stores next year and convenience stores and pharmacies in 2016. after you have to bring your own bag. when you shop. this is what they're spending time on. >> it is ridiculous. if look at california now, you have to pay a fine if you -- melissa: want a bag. >> use a bag, that is exactly right. i don't see what this does, other than give california something to talk about. >> i like when california get a little crazy. like to see where it goes.
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melissa: it is not like, i reuse it until the thing falls apart. not like a waste. >> isn't his name moon beam? he is a whack job. let's be honest. melissa: charlie, tell us how you really feel about this. last one, 7-eleven turned to the darkside. slurpee heaven, healthy food options at select locations. wow, do you think there are healthy slurp piece? >> i went to a great italian restaurant in benson hurst. melissa: olive garden? >> no. he would be really upset, spimoni gardens. makes his own with 1/3 of the fat of regular ice cream. melissa: now selling it at 7-eleven. >> they wish. they wish. you can make healthy crap food. it is a way to do it. melissa: healthy crap food. they say that knew operation alley balanced fresh sandwiches, salads, pressed juices, they have tony horton, he does the dvds for p-90 x.
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remember when paul ryan did that before the election. he is putting these in, not paul ryan. >> turn it into a meal deal with a pack of marlboros. melissa: that is good. we'll end on that one. well-played, jack. crouching tiger hidden profits. netflix is not finished beating down network television and now coming for hollywood. just drew it. drew bledsoe's winery goes viral things to help from lebron james. former nfl star joins us exclusive to talk wine, social media and his old pal tom brady, who might have ended night on the bench last night. i'm not sure. barrels of money next. ♪ "hello. you can go ahead and put your bag right here."
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melissa: check out oil. prices plunging more than 3% right now. it follows a report that opec's oil supply is at its highest amount in nearly two years. look at the move in oil, wow. down near 91 bucks on the front month. the fcc is changing the game. a major ruling whether or not you see sunday's game on your tv at home. rich edson is in washington with how it all played out and what it means for football fans everywhere. rich? >> well, melissa the national football league fought to preserve the fcc blackout rule
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and it lost though it is likely little changes will result of this morning's vote. the fcc eliminated this blackout rule. it blocks professional sports events from local broadcast channels in the home team fails to sell out its stadium. the fcc will not longer enforce that rule. the problem for the fcc chairman, the nfl and local broadcasters can enforce their own blackout policy and likely will. >> if there are blackouts next weekend, or, monday night, or thursday night, let alone on sunday, it will be the decision of the league and its team owners, not with the, without the participation of the federal government. >> so with that the fcc commissioner's encouraged the nfl and broadcasters to overturn their blackout policy given
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league statements before the vote, seems pretty unlikely. melissa? melissa: rich, thank you so much. speaking of football, we would never ever condone gambling here on "money," we just wouldn't do it. but if you happen to lay a few dollars on underdog chiefs against patriots your wallet was a little heavier today. the patriots came into last night game as 3-point favorites. and i don't know if you saw it they got clobbered 41-7. it was a tragedy unless you're a kansas city fan which our producer is. so she was very thrilled. tom brady, slow down, found himself benched in the fourth quarter after a miserable outing. it probably didn't help that the chiefs fans set the guineas world record for crowd noise. glad guinness was on hand there to call that record. chris and jack are back now. what do you guys think? did you bet the game last night? >> i didn't bet the game at all. i have no skin in the game, no pun intended. but was amazing to me, tom brady threw four turnovers in the
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game. they had to bench him. melissa: poor tom brady. are you big football fan. >> i put whole 401(k). i told my wife yet. melissa: you have a little baby. i hope you bet on kansas city? >> i -- melissa: in case you see the patriots didn't cover spread. >> i learned lesson in college, a long time ago, losing a little bit of money, i learned to stop. these days i don't lose money on football. melissa: one guy probably watching the game with a little bit of interest was former patriots quarterback drew bledsoe. since leaving nfl the four-time pro bowler has gone from the gridiron to vineyard, launching a successful winery drawing praise from everyone, including lebron james who cause ad social media s hey, drew bledsoe, saw the special with reich reilly. ii want to try your wine out as well. looks great. can you ship to ohio? drew bledsoe joins us himself exclusively on the phone. i will let you pick up the story from there. he tweeted out to you, by the
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way didn't use your handle, but somehow you picked it up. what happened from there? >> you know, i sent something back to him, happy to be, happy to send some wine out his way. he responded and said he would be in touch. so, hopefully we'll do it. i don't know if it fits with his new diet. i know he lost a bunch weight. red wine is really good for us. melissa: red wine works with every diet, let me tell you. you absolutely can't do one without it. that then blew up on twitter t was everywhere. you were trending on twitter and, social media experts say that his tweet, in that exchange was worth more than $100,000 in free publicity. what do you think about that? is that a low ball estimate? what have orders been like since then? >> we sold some wine. yeah, it is good. you know the conversion rate, one of the things we struggle with, sports fans aren't necessarily always the same people that will buy expensive wine but it certainly helps and gets our name out there and
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obviously really appreciate that from lebron. we never met. i'm a guy that really, i really, really admire the guy the way he has done everything throughout his career. melissa: that is interesting crossover. your winery is called double back. you call it that because you came from walla walla in washington. that is where the winery is. very well-regarded. you have a 59 on wine spectator. this is very serious business for you and it is unusual one for an ex-football player. how did you get into this. >> it was something simply a passion of mine and my wife and i really like wine and collect wine and it just so happens that my little hometown is producing some of the very best wine grapes in the entire world. and so -- [inaudible]. coming back to the lebron story, right. you return home and, do something fun and engaging and successful in your hometown. i hope lebron has the same experience in ohio. melissa: it is interesting this was such an incredible marketing
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success last night what happened after the story. you could think you're a professional athlete. you would know a lot of professional athletes. it would be re easy for you to get one of them to tweet on your behalf. there was something magical because it was obviously sincere. you didn't know him before. have you tried to do something like this in the past with other athletes? >> you know, a little bit. you know, a little bit of a double-edged sword to be honest with you. there is kind of a stigma attached to some of the celebrity wines that are out there. they want their wines to come from, you know, from farmers and artists and not necessarily from jocks or actors or singers. really -- one of the things we tried to express with our brand all the way across the board, this is really authentic project. here in the vineyards. they planted vines eight years ago. we worked this thing every day and it is really an authentic project. melissa: you're very serious about it. i have to switch to football for a second before we run out of time here. what was it like watching tom
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brady sit on the bench at the end of the game, given the history, given the position you were in, the position he came into and see him sort of replaced by jimmy garafalo, the newcomer coming up? what was that watching from home? what did you think about that. >> something i expressed in my interview with rick reilly, there are no promises made in professional sports and life. tom has been as good as anybody whoever played the game. you about you know he had a tough night last night. that said i expect tom to come back strong. i expect patriots will fix some problems and be a contender at end of the year. that is the way it works. melissa: and what do you think of, what do you think of the newcomer? what do you think of jimmy -- garoppolo? we lost dru bledsoe. oh, no. i think i stretched it out. thank you for joining us as well. that was fun.
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threw with velocity and accuracy. a good player. i don't think anybody is ready to stop tom brady's career. i think he has a lot of time left. melissa: you're selling award-winning wine. your former protege is hawking uggs boots. what went wrong with him. >> he is selling boots and but you know what? he has done everything right. he is a great guy. great player. i have nothing but great -- melissa: his wife isn't bad either. >> she is doing just fine. melissa: drew bledsoe, thanks very much. >> i apologize for the difficulties. thanks for the time. melissa: we love having you on. >> you were thinking what i was thinking gisele. right off the bat. melissa: charlie is right in here. in case you don't know the voice next to me is charlie gasparino. making waves in germany. a push to make late night emails a thing of the past. labor department considering a nationwide ban contacting employees after-hours, citing economic and psychological
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benefits. german companies daimler and volkswagen put similar rules in place. charlie and jack are back. >> i never torture my producer. melissa: after-hours? >> after-hours on weekend or anybody at this network ever. melissa: that is not true. >> i'm really cognizant people at fox business have private lives and they need to spend more time -- melissa: tell that he is lying. go ahead. i work on vacation. if i work on vacations people here should post my stories and do stuff. by the way, that is how you win. germany, they look, they lost world war ii. melissa: they're doing okay. they say undeniable relationship between constant availability and increase in mental illness. makes you mentally sick being available all the time. >> am i sick? melissa: possible. i disagree. if you have do something, take my kid to the doctor, i like having email so i know what is going on. stay in touch rather than walking into a firestorm, no? you disagree? >> i think wearing their leather pants too tight in germany.
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you could not just check your email after hours if you don't want to and check it -- melissa: you don't need a law banning it. >> don't need a law. >> i'm driving everybody nuts you're saying? melissa: we may already be there or you may be, i'm not really sure which. all right. >> man bites dog. melissa: then total domination? blackberry's new push to be the industry leader. good luck with that, guys. shelling out extra dough for bad service. what sent one couple over the tipping point. "piles of money" coming up.
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matt schultz and jack howe are with me as well. this is pretty incredible. so this is, first, they were taking it to the tv shows. now they are taking it to the movies. >> well, it's certainly not the first time this has happened. mark cuban tried to do it probably eight years ago, trying to release movies in theaters and on his network at the same time, but it wasn't online, and it probably wasn't as well received. now people are really into the idea of consuming immediately through netflix. melissa: yeah. and these are big names. i mean, it's the weinstein company, it's crouching tiger, hidden dragon. it's in imax only, so you can't see it in a regular theater, but you can see it on netflix. is this the wave of the future? >> well, netflix does a great job from the consumer standpoint where its inclusivity. if problem from an investment standpoint, they don't tell me enough about what their costs are and what they're getting in these deals. we have this exclusive, we have this deal, this deal. but out didn't break out -- it
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doesn't break out for investors what it's paying. melissa: it feels like the amazon model where they're saying we're just amassing people and people, but, yeah, you know they spent 100 million on "house of cards," you can imagine what they're spending on this. when you make something, that's who you want to bring it to. from an ambassador point of view, that's scary. >> they're just sharing costs. it's not like they're getting something for nothing and had won some big deal here. >> reed hastings has said content is really expensive. used to be they paid for content that had already been added elsewhere. now it's straight to netflix. >> and, finally, today is the day microsoft has unveiled its latest version of software following windows 8. they're drawling it, drum roll, please, windows 10. microsoft skipped right over number 9. why did they do that? >> very obvious. melissa: 9s everywhere are totally offended by this. >> distance, it's about
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distance. there was kind of a big problem with windows 8 in the windows market, so it's much distance between windows 8 and windows 10 as possible -- melissa: so 9 was tainted? >> i guess. you know, they've dope this before where they kind of throw out old names. they go from to vista, vista to 7, so they're not always in sync or in serial -- melissa: but wouldn't you go to, like, 100, 20? i mean, to just skip 9, it's like they forgot. i'm not sure i'm buying your explanation. i think they just blew it, they were sleeping. >> looking at the number of people who upgraded to 8, it's almost like they skipped that too. they're -- melissa: bless their hearts. >> it's really important to note that the start menu is back, and that is all about -- melissa: thank god. start menu is back? >> it looks a lot like the old start menu -- melissa: i didn't know it was gone. >> it was gone. it drove desktop users crazy. they stayed away in droves for that reason. melissa: true.
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gave me so crazy, i didn't even know. good news for the tons of people who still have blackberries like me, the company is planning to introduce one unconventional product every year. oh, no. [laughter] it's already off to a good start with the new passport. i mean, this is like, so everyone's mocking the passport for being bizarre and ludicrous, so they're doubling down on that. we're going to do it every year. you guys are making fun of us, we're going to do it every year! >> apple and samsung are taking the conventional route of selling a lot of phones. [laughter] >> selling what people want. i mean, that's the thing. melissa: poor blackberry. >> people make fun of apple because maybe it kind of copied samsung, blackberry's like we're not copying anyone, we're going to rei didn't vent the wheel with -- reinvent the wheel with a phone that doesn't look like a phone. but i hear the next one is smaller. >> really buy it because we need you to. melissa: yeah. maybe the next one already round or a triangle. it could be a triangle. >> you'll be able to type with one finger, youthat's what they.
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melissa: i'm interested in that, all right. so if there's one thing buzzfeed knows, it's cats. i mean, they've built their business on it. they're teaming up with pure arena to -- purina. what do you think about this one? have you watched these, by the way? that little baby kitten, the older one is sort of ridiculously hazing the baby and introducing that kitten to the house, and everything the older cat says is fairly hysterical. >> well, i'm against hazing, melissa. melissa: that's good. very pc of you. barron's has been doing well, but maybe we ought to look into it -- melissa: right now we are playing an extended cat video. this whole segment is about having cats on the it's -- >> i can't take my eyes off, look at that little nose. melissa: i think maybe it will work for us. all right, gentlemen, thanks to both of you. the president blames the intelligence committee for, quote, underestimating isis. now they're firing right back with some pretty strong words of
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yo, bro, you on woo-woo? are you kidding me? everybody's on woo-woo! [elevator bell rings] woo-woo? lock and load, people! we're going all in on woo-woo! mark! comp us up a profile page! susie! write us some posts! i want sponsored woos. i want targeted woos. we need an ethnically ambiguous woo-woo mascot. dude. are you still on woo-woo? naaaahh, man, my mom's on woo-woo. ♪ ♪ grsh♪ melissa: i'm melissa francis with your fox business brief.
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ford shares falling sharply for the second straight day. the automaker cut its full-year forecast blaming higher than expected warranty costs for auto safety recalls and weakness in europe. the number of bank branches in the u.s. has fallen to its lowest level since 2005. that is according to the fdic: this were 94,725 branches as of june 30th. the number of branch closings has accelerated in the past year as banks increase mobile and online services. and check out mcdonald's latest menu edition, hamburger straight out of gotham city. like its name sake, the batman burger is steeped in mystery. theme burgers appear to be lurking in the wings, but for now they're only available in hong kong. that is the latest from the fox business network, giving you the power to prosper.
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your customers, our financing. your aspirations, our analytics. your goals, our technology. introducing synchrony financial, bringing new meaning to the word partnership. banking. loyalty. analytics. synchrony financial. enagage with us. melissa: the intelligence community is not too happy about the president blaming them for underestimating isis on prime time tv. house intelligence committee chairman mike rogers says they've been warning the president about the isis threat for more than a year, not that the president would necessarily know. the government accountability institute says president obama attended less than half of his daily intelligence briefings. mike baron is the ceo of diligent innovations, jesse
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james duff is a retired marine corps gunnery sergeant. mike, let me start with you. you know, the intelligence community seems really insulted by this. they're firing back. how bad does it look to have that squabbling between the president and his own intelligence people? >> well, it's pretty significant. i mean, i think, frankly, the split here is not only between the president and the intelligence community, but we've known about a split between the president and the military for quite a while. the national security team, frankly, is disfunctional at this point, and that's a serious problem when you're talking about something as complex as trying to take down isis in both syria and iraq. melissa: i mean, you talk about the opinion of the president within the military, and i will ask jesse, you know, based on her time in service, only 15% of troops right now approve of the president's job as commander in chief. [laughter] is that a really low number? >> oh, my god, it's exceptionally low. a great leader will motivate and inspire people to do things they will not normally do, and he is failing to do that. most of the military right now, when they left iraq, they had a
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64% sentiment of feeling successful with their mission. that has dropped down to an all-time low now. why would that be? well, because, essentially, they feel that the president has swappedderred their blood and -- squandered their blood and sacrifice in the soil of iraq and hasn't appreciated the efforts they did to help train that army over there. it's gone. it's lost, it was in available. melissa: -- it was in vain. melissa: 70% of active duty troops surveyed say they don't approve of sending troops back to iraq, they feel like the cup's heart is not in the battle and, basically, it would be time, effort and lives for naught. does that tie the president's hands in terms of what he can do when he sees a poll like that? >> well, i don't know that the poll really affects the president's calculus very much. essentially, this was the president who was handed the nobel peace prize just when he got elected. so he's been declaring that the war on terror is over ever since he came into office, and i think what we're bearing witness to now is the extraordinary impact of having just basically told us that, you know, the war is over
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because we've decided that it is so. one of the famous dictums about conflict is that the enemy has a voice too. melissa: yeah. jessie, a lot of people are making much of this stat from the government accountability institute saying that he's only attended 42% of his daily intelligence briefings, at the same time you say, well, he's busy, he's traveling, he's got a million things to do. is that a low number, in your opinion, or is that part of having, you know, busy time in the white house? >> okay. so considering that i've never been a commander in chief, i wouldn't be able to say what other commander in chiefs have done. however, based upon that number, yes, it's low to -- it's low because he attacked libya, we've had morsi fall in egypt, we've had the problems with, that are currently going on -- how can you ignore your intelligence briefings? now, if he had attended 08 -- 80% and missed 20%, that i could say is consider rate, but to have attended only 42% with all of this world crisis going?
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he simply doesn't have a concern for the very efforts that our military is going to be put on the line to resolve. and you've got to be proactive, not reactive. melissa: yeah. and, mike, you know, there are new reports now that isis and al-nusra were at odds for a long time, obviously. now there are reports that they're banding together, they're meeting together in order to fight back that they have seen an opening. how dangerous is that? >> well, that's actually, to me, the most important thick, you know, that's come out of the news recently because you're seeing this is going to be a shifting alliance on both sides, right? we in the west like to think, you know, you come to the table, you make a deal, you have a coalition, everybody stays on the same side for the entirety of it. what's going to happen is this whole thing's going to fracture. we're making so much about having a coalition on one side and isis being isolated on the other. they're going to band together with al-qaeda elements, and then you'll see other people join in with them, the shia elements may join with them for a period of time. it just depends what happens on the ground. it's an extremely fluid situation, and that's why our complex and very chaotic
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strategy, frankly, has little hope of success. melissa: yeah. all right, thanks to both of you. markets holding onto the red, all three major averages trending lower. let's go to nicole petallides, what's behind the selloff? >> reporter: when i talk to the traders, you've got mixed economic news, so i talked to mark newton saying that he came into the week bearish, but it's pretty amazing how resilient the markets have been. we're down just 25 points, that's not a huge move. also keith bliss said he wouldn't even buy until you see the s&p at 1960, right now it's at 1972. want to take a look at a name that caught wall street's attention today, this is a big oil company, and it's national oil wells. the stock is down 2.7%, and it was halted for a time, and then they announced the $3 billion share buyback program, and it's coming up off the lows of the day, but we're seeing oil getting hit because of opec's oil supplies.
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back to you. melissa: all right, nicole. thank you so much. liz claman here to give us a preview of what is coming up. liz: do you know what we're doing, melissa? we had a guest yesterday who was planted right in the building above the protests in hong kong in the financial district. he is in the financial business. we are bringing him back. right now it's about quarter to three in the morning in hong kong, and those people are not moving. what does steve bernstein see now? he is a financial guy, he ran oppenheimer asia, he was at solomon asia, he is our eye in the sky there, and he has a different perspective today. you will hear it because if this area turns into a a hot spot, it could very much affect your money and the financial markets. now, let's talk about getting an eye in the sky true picture from a drone company, and this is fascinating, melissa, we've got the drone company that actually has a tether to it that can enable it to fly from your pocket -- it's that small -- out and above dangerous areas.
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it's called the extreme axis pocket player, and we've got the sci-fi ceo. helen graynor is with us live, plus we are watching these markets every step of the way. see you top of the hour. melissa: liz, thanks so much. from the u.s. to every corner of the globe, money is flying around the world today starting in spain where one notable separatist movement could be going adios, catalonia's vote for independence has been suspended, still determining whether it violates the country's constitution. the referendum was scheduled for november 9th, but it's now at risk of being outlawed altogether. moving over to peru where one woman is giving disney the cold shoulder over the movie "frozen." little known author isabella -- [inaudible] is suing the company for $250 million claiming the fairy tale was plagiarized from her actual life story. no word if she's ever had a conversation with a talking snowman or not. we'll see. landing in germany where a swiss gardener has captured the prize
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for the world's heaviest pumpkin. wow. [laughter] the so-called plumpkin. look at it. weighing in at a staggering 2,096, i'd hate to carve that thing, and tops the previous record held by a couple in california. so much for american exceptionalism. look at that thing! that is crazy. wall street's favorite camera having another flashy day. i guess when it comes to gopro, you will never kiss and tell. watch this. oh, there he goes. and from smooches to pooches, the bulls and bears have nothing on these surfing dogs. a run for your money up next. ♪ ♪
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when folks think about what they get from alaska, they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america.
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♪ ♪ melissa: whether it's on wall street or main street, here's who's making money today, anyone with a piece of gopro. shareholders having no problem smiling for the camera today. the stock enjoying another picture-perfect run up just about three-quarters of a percent after hitting a new high. that is great news for founder and ceo nick woodman. he owns three million shares which means he made -- i never get tired of that video -- about $2 million. pretty flashy, little kids at the camera. owing a little bit of money, how about a real-life restaurant from mystic pizza? the connecticut pizza parlor made famous by the julia roberts movie apparently owes about $100,000 in back wages it withheld from employees? i wonder how they'll come up with all that dough. and giving money out of the goodness of their hearts, an iowa couple who lift a big tip on their wedding anniversary, mckenzie and steven schultz
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were met with poor service at an understaffed restaurant, but they still left a $100 tip on a $66 bill saying they'd been in the waiter or's shoes before. that generous act has gone vira people really are nicer in the middle east. i can't see that happening in new york. nah. all right, i just had to show you this, it's my favorite video of the day. dogs of all ages hitting the waves, the sinceth annual surfing -- sixth annual surfing competition. look at these guys. i think that was shot with a gopro. jack, are you impressed by this? some of these dogs really have legs for surfing, but a i couple of -- a couple of them have is almost no legs at all. >> some of these competitors are making a mockery of the entire competition. melissa: exactly. >> that's just hot dogging. [laughter] melissa: there was one really small, little teeny dog, and then they all rushed out to sort of save him or her at the end.
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this is very cute, i don't know. i don't get tired of pets on television. >> dog surfing at least once a week. melissa: thanks. good suggestion. a new hospital policy is breaking the bank and could cost you bigtime. we're going to tell you all about it next. at the end of the day, it's all about saving money. ♪ ♪ know that chasing performance can mean lower returns and fewer choices in retirement. know that proper allocation could help increase returns so you can enjoy that second home sooner. know the right financial planning can help you save for college and retirement.
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melissa before you get rushed in the emergency room or go in for a procedure be prepared to whip out your credit card. hospitals are increasingly asking patients to pay for services up front with patients facing hire doubles this service is supposed to minimize the shock. so this is happening more and more in new york. for people out there, wait it's coming to you now. >> it's happening everywhere now because of obamacare.
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people don't realize. they think they're going for an elected procedure. let's say you're removing a mole, but you have 1,000-dollar deductible that you haven't met. the hospital is going to charge you. on the spot, you whip out the credit card. they'll say, no, you can't go into the operating room until you pay the bill melissa what about emergencies. >> emergencies bring other problems bought they bring problems of people getting these tremendous amounts of bills from the hospital. and that's another kind of war. >> melissa: this sounds awful to people out there, but that is one of the plus sides is that you go in. you have a conversation with them. you know what it's going to cost. you pay your part up front. there's no scary surprising parts afterward. for some people, it will mean you won't get service. >> it's so confusing for
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patients. they're really paying more out of pocket. they're getting higher bills from hospitals. this is just going to add to the chaos. >> melissa: before he run out of time, i want to ask you about the patient being evaluated for ebola. >> we're waiting to hear it. if it turns out it is ebola, tomorrow we'll talk about it. what planes did he use? who did he come in contact with? >> melissa: people aren't afraid because they thought those two other doctors came back fine. >> this is a case a of very different symptoms. the patient was in the area in west africa and has symptoms of a severe viral infection in another half-hour or so we'll know if it's the first ebola case found in the us. >> melissa: this is a story not going away. thank you very much. that is all we have for now. i hope you're making money
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today. the market down now 17 points. count down with liz claman starts now. take it away. >> liz: it looks like billionaire carol was right all along. paypal is now splitting -- could do precisely the same thing. ebay shares surging some 8 percent in reeaks we'll tell you what it is for both accounts. will ebay as a stand alone business be a take over target. hong kong on the brink. take a look. a a live picture. 3:00 a.m. tens of thousands of demonstrate or his refusing to move. we've got the american ceo of a chinese company in hong kong whose office window looks right down on the protests. you may not be able to fight city h
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