tv MONEY With Melissa Francis FOX Business November 6, 2014 2:00pm-3:01pm EST
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for those results live. that does it for risk and rewards. tracy byrnes, would you rather have bubbly than champagne? >> anything. >> give me ripple. >> nothing called ripple sounds good in a glass. i don't know. >> adam, thank you. all right so house speaker john boehner comes out swinging. the gop's to-do list is out as president obama vows to work with and quite frankly without congress. people have spoken. from minimum wage to taxes on your soda. come on! issues impacting your money up next. and unlocking your home with a swipe of your phone. but is replacing your key with a smart deadbolt a dumb move? the sacred turkey or lasagna on my thanksgiving day. big name retail remembers refusing to cave on early thanksgiving shopping. shaming those who do. out of ideas? well nbc looks across the popped for its next star because even when they say it's not it is always about money.
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tracy: the card on the table. the president vowing to go his own way with or without congress. john boehner warned that is a risky strategy. >> finding common ground will be hard work but it will be harder if the president is not willing to work with us. yesterday we may heard him say he may double down on go it alone approach. i believe the president continues to act on his own he will continue to poison the well. when you play with matches, you take the risk of burning your settle he is going to burn himself. tracy: let's bring in today's panel. fox business's charlie gasparino. dan shaffer from shaffer asset management and marshall aurback, institute of new economic thinking. hi, charlie. what do you think? >> you know, listen, mitch mcconnell probably summed it up best yesterday.
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i don't need to hear anything more. one person that matters for compromise and that is president obama. you know, you know this sort of stuff, we'll be hearing a lot of this alleged bipartisanship coming from republicans. but unless president obama wants to work with them, the economy will not get dramatically better. he has to make changes to obama care. he has to make changes to dodd-frank. he has to do some level of tax reform or tax cuts. the economy has to get somewhat better. i would say, from the current two to 3% growth rate to something like four or five, if he wants to get hillary clinton elected. he doesn't want to get hillary clinton elected -- >> which he might not. >> he will stall. people forget, this elections listen, you can make all the excuses you want. this was pretty much a referendum. they don't like obama-nomics. people understand the economy is not growing well and hillary clinton will have a very difficult time you know, delineating herself. tracy: but marshall, aside from hillary, he has no reason to
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come to the middle. he can do whatever the heck he wants. >> he can do a lot what he wants but i suspect he may be able to work with mitch mcconnell. if you remember the budget standoff in 2010 and 12, mcconnell was one members of the gop preparing to work with the president. he has surprising pragmatic streak but whether he keeps his own radicals in line. probably a few things, i agree with mcconnell himself said there is no way we can do much with obamacare. >> i don't think these animals are going to change their color. tracy: i don't either. i'm with you. >> will be same congress. same narcissistic president telling people what he wants with that pen. tracy: charlie, talk about the op ed and senator boehner and mitch mcconnell fired off an op-ed in "wall street journal" telling they will get congress going again. make a laundry list, keystone pipeline, tax code, hire more vets, lower debt load. the list is too long. >> i will say this, i wrote an op-ed in "new york post," sorry
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to toot my own horn. >> toot away. >> all you have to do is a few things. people think that the gulf is that wide. tracy: agree. >> get rid of the medical device tax on obamacare. >> might get rid of that. >> that would be very, can't repeal it. >> why not? tracy: can't repeal obamacare. >> don't have to. you could do so much stuff around the edges where it won't jeopardize his progressive agenda but it will be net positive for the economy and it would help hillary get elected. question is, does he take that smart, very constructive route bill clinton would take, or does he go very radical. who knows. tracy: one or two things. i think your list on saturday morning of things to do. just pick one or two. >> i read that piece and i thought it was very politically written. there were a lot of things missing. like all the people coming over the border wasn't even named in there about that. >> why would they want to go there if. >> they need to go there. >> only have two years. >> this country, this country
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needs to start backtracking on some principles it was founded on and get back to the roots of helping people and this government being too big and too much in control. >> backtracking, you didn't mean that? tracy: but dan, wait, you don't want the government, you don't want the government involved. >> no, i'm backtracking means the government needs to be made smaller. >> government has been made smaller in the last years if you look at, look at net hiring, net hiring -- tracy: in the government? >> actually has been -- tracy: because they blew it over the top. >> what are the few things you can do to get the dow up? i think -- tracy: stay out of the way. >> i think if he -- >> keystone? >> keystone. marginal changes to obama care. tracy: tax code. >> marginal tax cuts. this economy is poised to get a lot better. tracy: let's look at this. this kind of freaked me out a little. hope and change, "time" magazine making it look a little different this time. they replaced president obama's iconic poster with image of
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senator mcconnell. i find it slightly freak kirks dan. >> yeah, it is slightly freaky. you know, it is making a very clear statement that change piece is going to be mcconnell. i don't think it is going to. tracy: or does it say nothing is going to happen because that was president obama? >> i think what this shows, give the mainstream media a little break here, the mainstream media is finally coming to the conclusion or realization there are conservatives in this country. this may be a center-right country as opposed to a center-left country. this election freak ad lot of people out. you read "the new york times" front page, it is talking about message, that the left has lost its message. this is sea change. shows why you follow every headline. changed from a couple months ago. >> message is very ambiguous, there were a lot of, marijuana legalization, which an issue traditionally associated with the left, for example. >> there are plenty conservative libertarians that want to -- tracy: move on to the markets.
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markets hitting all-time high. what is it? is it the gop? is it oil? why is it up right now? >> a little bit of everything. tracy: yeah. >> i suspect if the democrats had unexpectedly retained control of senate the market would have gone down because they clearly -- tracy: does it say? >> if obama does anything that i laid out, i gave him the recipe. it is not that hard. tracy: president should call charlie now? >> charlie has the answers. >> take the market, to 19, 20,000. improve the economy will get hillary clinton elected. >> with federal reserve helping him along the way? >> no keystone, scale back -- tracy: what about the federal reserve? >> i'm a technician. i will put my technician hat on the moment. we're going into full moon in four hours. market cycles. we're in the end tail of this election piece now. we had ecb news this morning. we had japan, japanese bank doing their thing. now what is the next trick that will hold this market up? i think it is on its last legs personally and i'm short the
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market. >> would be nice to go for a correction, talking about the next two years -- >> this is four-year, move, charlie, without a major correction. who initiated that. >> we needed that. >> we needed that? >> the country was on its last legs. tracy: that is fodder for a different topic. talk about elon musk. elon musk having a good day today. tesla shares surging after auto make ear earnings beat the street. how about that, earnings are up. does this guy keep flying to the moon, dan? >> for full disclosure i don't own the stock but i really like what he said they will hold back this car, the x series. tracy: the x. >> because he wants to make sure it is right. tracy: the crossover. >> it will save a lot more money if you get it right to wait a month or two, what they're doing retooling factories. that is a great idea. the market should be very happy. the stock is way ahead of itself. i like the way he operates the company and i like management. tracy: would you buy this.
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>> no. way ahead of itself for years. if i were him i would be issuing a lot of paper to buildout this hydrogen highway to help support, create demand for his cars. but the problem is, of course you have got oil at $78 a barrel. maybe the need for -- tracy: isn't a guy this the reason the market is up? >> he is very smart guy. wall street likes him. think macro. if we're in phase where republicans control congress. president obama, you know, deals with them. he will allow the keystone pipeline, what is the need and necessity for tesla next five years? >> you have to look at the future what is going on, not just today. he is planning for future here. tracy: oh, yeah. >> market will want -- tracy: market is so short term right? you guys are awesome. thank you so much. so holiday shopping season already in full swing, what? for the best day for online deals is probably not when you think. plus we get a new crop of republicans heading to capitol hill, leaving jon stewart and senator harry reid a little
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adam: the dow coming off its 20th record close this year and ready to do it again. stocks are back in record territory. so we have to go down to my girl nicole petallides on floor of new york stock exchange. i hear you got a bunch of winners for us? >> i do indeed, tracy. as we see the dow hold on to gains today, up about 523 points right now. we're looking at record close once again as oil pulse back -- 53 points. look at stocks hitting highs, including nike, travelers, also unitedhealthcare. another name to take a look at would be 3m, johnson & johnson and disney. we've had great corporate earnings. we're continuing to watch the jobs market which is looking better. today after the mel we'll focus on disney. we'll be getting those numbers. the stock is up 50 cents, $91.50 a share, but after the bell in the 4:00 p.m. show we'll bring you all the news on
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disney, pertaining to theme parks and entertainment from disney. keep it here. fox biz. back to you, tracy. tracy: it is all about "frozen." as long as they keep making "frozen" movies, disney stock will keep going. as long as turkey is in the oven or frozen for that matter, they deal with shoppers as early as 6:00 a.m. come on. not everyone is getting on board. joining us profitable trading.com jared levy, report" and dan is back as well. i'm sure he is shopping monger. i know, gerri, you're covering this kind of stuff. is it worth it to open? >> desperate time for desperate men. jcpenney decided they would open for 6:00. six out of 10 americans in reese survey, they hate, not dislike but hate shopping on thanksgiving. this is list of stores going to open early. there are a list of stores saying very publicly, no, no, we will not be open including costco, bj's, sam's club,
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home depot poe and loews. tracy: jared, for those jcpenney serious, 5:00 a.m., hour earlier than anyone else. the stock is on death watch. is that extra hour going to probably make a difference? >> probably not. to gerri's point, what is interesting about the study, another 45% of americans intend to do business on thanksgiving day. it is kind of conflicting. bottom line i think companies with best exposure online, not ones open at 5:00 a.m., after tryptophan and couple drinks, one with online presence will win in my opinion. tracy: especially with people over for dinner you don't like, you can sneak off and to shop. jared mentioned online. apple pay, google wallet many could together table this time around. will that push the envelope? >> we don't want to mention people we don't want to be with on thanksgiving at this point. tracy: hey, there is always one. >> i think shopping this year on
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thanksgiving, i think it will be a little more muted than it has been over the years. i saw some surveys. i think more online shopping will be good. i don't think people are, you know, we've been years and years of this opening on thanksgiving and people running out. i think people are really getting tired of it. they may not proceed this year. tracy: i don't know anyone who goes. how about this? i did not know this. if you rather do your shopping at home, don't wait until cyber monday, it turns out that is not the best day. who knew. thanksgiving day, gerri, come on? why would they do that? because not as many people are paying attention. >> well, okay, think back to every year we've seen last two to three years, every year the national retail federation says, hey, guess what, sales will be higher. guess what? they're not. they're trying to prime the pump, including online retailers. i'm telling you i'm much more likely to shop online for thanksgiving day than go to physical store. tracy: jared, showing numbers. you get 24% better deal on turkey day than you do on
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cyber monday. that kind of think throws it in the face of everybody? >> well i saw those numbers about, tracy. if you think about it the flow makes sense. to gerri's point. she really said it. you're home. done with the turkey. reality is, after dinner what do you do? chat for a while. get on computer. everybody has ipads, their devices. they're shopping. online retailers are capitalizing on it. to dan's point earlier, who wants to drive out with droves of people at 5:00 in the morning on thanks giving? that is nuts. >> is that pathetic state of our family life we have to shop? >> absolutely. family life changes dramatically. you go right on tablet, and you can buy, ups between now and christmas will deliver on sunday. you don't with to wait a day. this is what is comes to. >> six in 10, americans say they hate it. six in 10. tracy: i think we have four. thank you guys so much. don't forget to watch gerri willis 5:00 p.m. eastern right here on fox business
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adam: from the u.s. to every corner of the globe money is flying around the world today, starting in china where apple devices were hit with their strongest virus yet. reports say hundreds of thousands of iphone and ipad users could have been affected with a malware that disrupts operating system. the virus is called wire lurker.
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it could make its ways overseas. on to russia where a member of president putin's inner circle investigated by the u.s. for money laundering. they say the billionaire acquaintance moved funds from corporate deals through the u.s. financial system. justice department is aiding in the investigation. landing in japan where a local brand of whiskey is named the best in the world. it's a single malt and the world whiskey bible gave it nearly 98 marges out of 100. it beat all the scottish rivals, some which were described as disappointing and watered down. who knew. all right, well it is time for you to throw away your key for about 200 bucks and you can install a keyless device that unlocks your front door automatically. all you need is wi-fi on the smartphone. the way of the future or risky business? we have the cofounder cameron robertson who joins us now. so, cameron, i love this idea,
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in my husband we never use the front door because no one has the key. we always go in through the garage. so -- >> yep. adam: explain to everyone how this works, first of all? >> yeah, definitely. lockatron fixes over existing door lock and fits into place over it. tracy: goes over the deadbolt or the doorknob? >> the deadbolt. the deadbolt is more secure. it expects via wi-fi to the network and control it remotely and bluetooth to the smartphone. if your power goes out or internet goes out you can still unlock it from the phone. tracy: so there is an issue though, because if i lose my phone then someone else could get in the house, no? >> well, so, if you have a pin code on your phone, then nobody will be able to access it. we always recommend that people set that up or touch i.d. on the phone. tracy: can't be foolproof, right? you still have a hide a key behind the bush? >> well, i mean, we're trying to work away from that.
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so some of the downsides are maybe batteries run out. we give you low battery warning before that happens. say you lose the smartphone. you can borrow a friend's smartphone or family member to log into it. it is like a facebook account. the key is not tied to the smartphone. tracy: that is a cool idea. i know we're moving to whole notion everything is on our phone. i know people increase the heat from their car so the house is nice and warm and turn lights on and off, right? >> right. tracy: the idea this is our control panel. to unlock and lock the front door is next logical step. where do you take this from here? >> we think the real interesting thing is not just controlling stuff like a remote control but being able to share access. so that you can let people in when you're not there. say you have a dog walker who comes in every day or your kids get home early and you haven't given them a key yet, things like that. so all of sudden you're saving a lot of time because you don't have to hand out keys to people. then conversely you don't have to get the keys back from people if for some reason you have a falling out or let someone go.
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tracy: that fake rock, most people have on the front step with the key in it, not obvious at all. cameron, real quick, where can we get this. >> so buy it directly at lock-a-tron for $179. tracy: thanks so much for sharing that with us. >> yep. thanks a lot. tracy: talk about taking a leap of faith. gopro is coming out with a stripped down, cheaper version for the masses. we're actually going test one out here on set. there is green on the ballot vote far and wide deciding on high-stakes issue. "piles of money" coming right up. >> yesterday of course was election day. there were a number about pot related items on state ballots, alaska, oregon, washington, d.c. voted to legalize recreational marijuana. if you thought congress didn't get a lot of work done before, just wait until they get legal pot i'd just gotten married. i was right out of school.
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♪ ♪ tracy: four states voted to put more money in workers' pockets by raising the minimum wage, and they're all controlled by republicans. steve hayes, a fox contributor, we have ron christie of the daily beast, former assistant president to george w. bush, and the former chief of staff to senator joe manchin. so u steve, you were working it all night long on election night. did this surprise you? look, alaska is the highest at $9.75. is coming in at $8.50, i mean, these numbers are pretty big. >> yeah. it didn't surprise me that there was this kind of receptivity to the idea of a minimum wage. there's a fair amount of support for minimum wage laws. i think what surprised me most, actually, took place before this when you had republicans running for office, sometimes in competitive elections this cycle and other times, you know, people who were occupying office
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who didn't really fight back on the idea of a minimum wage. i think it's bad economics, but it was good politics for republicans to sit out the fight. tracy: chris, do you think this makes it easier for them to just go across the board and say, hey, let's increase the federal minimum wage now because a lot of states want it higher anyway? >> i think it definitely adds momentum to it. there's obviously going to be a tougher battle given the divisions within the senate and less so, obviously, in the house and the president. so i think getting a national minimum wage increase at $10.10 is probably difficult, maybe some kind of national minimum wage increase is possible, but what i thought was so fascinating was you had minimum wage increases in these red states and, you know, which was traditionally, you know, this would be seen as an issue that would help democrats, but in a lot of these states republicans won handily. in a weird way, it actually may be not helping democrats because
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you have voters who say, you know what? i'm going to vote for the wage increase on this ballot initiative, but on other areas i'm doing going to choose -- tracy: so we're getting people down the middle. ron, isn't it just better if we just make a cost of living increase to this and be done with the argument? >> i don't think so. i think it's bad economics. i think having a minimum wage that high really is going to hurt job creation, and it's going to stifle what we need to do to actually get the economy humming again. so not from me, no, i think it's a bad idea. tracy: berkeley, california, raising the cost of satisfying your sweet tooth, becoming the first city in the u.s. to approve a tax on soda and sugary drinks. that means 12 cents a can increase in berkeley, 68 cents for a two-liter bottle. this is yet another reason why my children will never go to berkeley. [laughter] >> if the idea is to discourage things we don't like, it's too bad we can't tax stupid -- [laughter]
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>> i mean, look -- tracy: we would solve the budget problem if we could do that. >> yes, exactly. people should be able to make their own decisions, you shouldn't be taxing things like soda just because the government doesn't like it. tracy: right. people still smoke. raise the taxes as high as you want, san francisco apparently came to their senses, they only got a 55% vote on it, they needed two-thirds. do you think we're going to see this around the country more and more? >> you've seen this kind of fail -- if you can't pass it in san francisco, where are you going to pass it, berkeley? it's not really reflective of the rest of the country. it's failed in other places like new york. so i don't see a big push foryo? be that being said, listen, consumers are actually kind of making their own decisions in spite of no taxes, you know, soda use or soda consumption is declining pretty significantly amongst, you know, individualings. so i'm not sure this is the -- individuals. i'm not sure this is the right way to focus our progressive
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energies. tracy: it's performance drinks as well, but chocolate milk not included. oregon and alaska are heeding bob marley's call to legalize it, becoming the third and fourth states to approve recreational marijuana. we have 23 states that legalize it for medicinal purposes. washington, d.c. also legalized the drug, but capitol hill has the final say over the city's pot law. although i think d.c. can't have stores right now. anyway, oregon, alaska doing this, taxing it. i mean, making it legal. is this really going to work, ron? >> no, it's not going to work. if you look at that they did in colorado, i was out there this summer, and they were expecting all this tax revenue to come into these pot stores, and that actually hasn't made its way up the way they thought it would. i don't think it's good for the government to be legalizing a drug that's being used and is, of course, being sold illegally that's coming across the borders
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from mexico and other places. so, no, it's a bad idea, and we shouldn't be in the pot business. tracy: steve, that's the argument, there's tax revenue. florida voted it down. can this -- this is going to have legs, though, and momentum. do you think it'll work? >> well, it could. but, i mean, here's the irony, you have people who have libertarian leanings who think it's long past time to revisit some of the policies that have led to this long war. on the other hand, you have the same people in a push for this in order to make it publicly popular talking about the tax revenues that you can generate from pot. it seems to me that the people who are in the pro-pot community need to decide whether they want to make a libertarian argument in favor of more freedom or whether they want to make a big government argument in favor of more revenue. tracy: i think your idea of taxing stupidity was a better one. [laughter] let's forget marijuana for a second. half of arkansas is still stuck in the prohibition. it's like footloose, do you
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remember that? the prohibition ended in the 190s. meanwhile, though, voters still don't want to make alcohol sales statewide. half the state's counties, chris, cannot sell wine, beer or spirits. more than half, 57%. i will never live in arkansas either. this is -- [laughter] well, i don't understand. and, clearly, the associations who sell this kind of stuff can't be happy about this. >> well, it's kind of -- what a segway. the legalization of marijuana to the prohibition of alcohol. [laughter] putting that aside, you know, in certain parts of the country, you know, these laws have been on the books for, in some cases obviously, decades. very difficult to kind of overturn. i don't understand it -- tracy: i know. >> you know, i'm an east coast democrat, so what does that tell you? tracy: yeah. that you drink wine, beer and
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spirits. steve, this is, i guess, keeping the people happy. the politicians, someone keeps putting it on the ballot, and the people keep voting it down. >> as an enthusiastic beer drink freres milwaukee, i would oppose these kinds of things. but i don't mind these kinds of local laws on the state or county level because these are the laboratories of democracy. if arkansas doesn't want it, arkansas' free not to have it. if counties don't want it, that's their prerogative. people will make decisions about where they live and what kind of laws govern them based on the kind of laws that they're seeing. i think it's fine to do it. tracy: that's a good last word. thank you, guys. >> thank you. tracy: the morning shows are fighting for the crown, and we're going to tell you which network won the battle royale for, wait for it, pippa muddleton. yes. middleton. and a brutal cold blast making its way across the country, but you don't have to wait for another polar vortex to break out your snowboard. the winter gear fit for city
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veterans. -- unemployed veterans. >> every business leader to recognize they have incredible skills. these are great people, and this is what the country needs to do. tracy: san francisco has some of the world's slowest internet. researchers studied speeds in cities across america, asia and europe, and san fran came last despite its proximity to silicon valley. and anheuser-busch is bringing out a tequila beer, and it's flavored with wood from tequila barrels. yum. that's the latest from the fox business network, giving you the power to prosper.
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tracy: so it is your chance to ask zuck. the facebook ceo is holding his first q&a at 5 p.m. eastern. nearly 7,000 questions have already been submitted. and some good news for 1% of facebook's recent acquisitions, your own of course you plus rift headset. the company's ceo revealing a retail version of the device is, quote, months, not years away. still no official release date yet, but it's expected sometime next year. all right, to another miracle of modern technology,
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providing all the ankle-breaking risk of the slopes, well, without the snow. that's good, i don't like to be cold. leaf technologies has created the world's first snowboard for all seasons allowing raiders to simulate the -- riders to simulate the feeling of snowboarding on city streets. michael gorman actually brought the board. have you used it? >> i have not. i have an editor who's ridden it -- tracy: why does it make me feel like i'm on a snowboard? because it moves side to side? >> yes. there's two weals underneath the -- wheels underneath the board, and if you're going straight, those are the only two that touch the ground. the four wheels at the corner serve as your edge when you're turning is and sliding around in the street. tracy: but this is hard. do i need to know how to snowboard to use this? >> it certainly helps. [laughter] i got told by many people when you're learning to ride this thing, if you're expecting a skateboard, you're going to be sorely disappointed. it moves the same way that a
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snowboard does, and you have to ride and lean in the same way, so you'll be sore in the same places you are -- tracy: it's $1,000. >> right now you can get it on indy go go, they're not producing them soon, it's -- 1900. -- 1100. it can go 20 miles an hour. tracy: all right. let's move on to the gopro for the average joe. the camera maker finally courting the masses with its hero mold, a stripped-down version, just $130. samantha, what do you think? >> well, what's really great in general is, again, it puts you in angles and places that you're not usually used to. so if you don't go skydiving, you can see what it's like for that person experiencing it. usually gopros were traditionally for athletes, but now that they're scaling back the price in their hero line, it's coming to a lot more -- tracy: and you have it. >> well, we have an older version here just do.
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tracy: so that's the old to gopro. >> this is one of the older versions of its hero line. but now it's a lot cheaper. tracy: so this is the hero. this is what i would be buying? >> so for $12 9, it doesn't come with blue tooth or wireless. but one of the main reasons they're doing well is people can shower the footage to youtube -- tracy: right. like that whiskey wedding video. >> exactly. tracy: i understand the porn industry has taken advantage of these little cameras. efficient. and finally, a shocking stuffer for your friends without willpower. this is crazy to me, the padlock is a wearable that fits snugly around your wrist and shucks your bad habits away. so our fine stage manager is a smoker, can i shock the heck out of him? >> yes. [laughter] so the way it works is there's a companion out with the device. you put it on your wrist, and you can do it yourself so say you know you want to quit
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smoking, just tap the button, so you can associate smoking with kind of being shocked, right? it's the pavlovian response. the other way is you can match up, have partners with your friends, and if they find out that you're smoking or maybe you haven't been meeting your exercise goals, they can shock you from afar if you give them permission to do that. tracy: what? okay. this thing has raised more than $174,000? >> yep, yep. more than three times what they were asking for. >> can you send money to a friend? >> yes. you can send or lose money. you not only get positive reinforcement -- tracy: you can attach money in. >> yuck. yes. that's -- yes. you can. >> it's like paying for a gym membership, you want to make sure you go to the gym, you don't want to lose money to your friends concern. tracy: it sounds so masochistic. you have to enjoy pain. >> not for kids. adults only. tracy: i'm not sure who it's for. thank you, guys, so very much.
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>> thank you. tracy: all right, the dow and the s&p 500 reaching new intraday highs. let's check in with liz claman as we approach the last hour of trading. hey, liz. liz: how about that? the records continue, so the bulls are on the run, very, very happy. we're watching the markets, but we've had a little bit of the dust settle from the midterm elections. we're going to talk about the sectors that nobody's been talking about that could really take off but also the ones that could go down with a change in the fabric of what we have seen at the congressional level, certainly at the senate. so we have greg valier. these guys were in the chair yesterday, but, of course, president obama's one-hour-plus news conference took over, so we've brought them back because they are superstar guests. first on fox business. greg is going to talk about what he really feels is going to be the sector that nobody's talking about that he thinks is a great investment, and dan clifton, first on fox business, dan is one of the smartest strategists around. he'll be giving us a sense of
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the landscape when it comes to investing. and finally, of course, as we're fresh off the elections, guess what? there's a company that's trying to steal our cable viewers. it is aol, and we've got tim armstrong, of course, owns the huffing post. we're going to talk to him about how he's not going to be successful stealing our viewers. we definitely are going to talk to him about the company that has done extraordinarily well. over three years the stock up more than 100%. tracy: good stuff, liz. if i had that bracelet on and someone was shocking me right now, would i start jumping? [laughter] allall right, the democrats get knocked around, but it's the gop that's seeing stars. the fresh faces who helped republicans run up the score. you can never have too much "money." ♪ ♪ so ally bank really has no hidden fees on savings accounts?
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so i know how important that is. ♪ ♪ tracy: well, some familiar faces winning big for the republican party during the election, but some relatively new stars burst onto the national scene as well. joni ernst trounced bruce braley and then mentioned how she'd be bringing her pig farming roots to the capitol. >> thanks to all of you. we are heading to washington! [cheers and applause] [laughter] and we are going to make 'em squeal! [cheers and applause] [laughter] tracy: squeal, indeed. steve hayes and ron christie are back with us. [laughter] steve, what'd you think of that? >> well, it was, i mean, it was an interesting speech. she did a lot of laughing at her own jokes which was a little awkward, but her reference to making washington squeal was a
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reference to this ad that she used in the primaries and then reprised in the general election about castrating hogs when she was a youngster. it clearly was the ad of the cycle. i think it catapulted her candidacy into sort of prominence in iowa and also across the country. and i expect that she'll bring that psalm -- that same sort of cost-cutting or cutting enthusiasm -- tracy: some pig analogy in there. [laughter] ron, mia love, take a listen to her too. she surprised a lot of people at at -- people as well. >> many of the naysayers out there said that utah would never elect a black republican lds woman to congress. not only did we do it, we were the first to do it. [cheers and applause] tracy: is this all part of the sea change, ron? >> it really is. ya love is such a great -- mia love is such a great candidate,
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and for her to say from a state of utah would they ever elect a black republican mormon to congress is something i thought many people can't happen, but she doesn't look at herself as being a black candidate, she looks as herself as a candidate to represent the entire state of utah about job creation, about making sure to get the economy going. she's just such a breath of fresh air, i can hardly wait for her to get in there. tracy: elise receive nick, first republican to one her district. that had to have floored some people. >> i think it did. i mean, it will be very interesting to watch when elise comes to washington because i've known her a little bit with her work on the pawlenty campaign and the bush administration. she's, first and foremost, a policy wonk. she rolls up her sleeves and get into the details of policy, and i would expect her to have a pretty significant impact on the committees that she's assigned to once she gets into washington, helping to provide direction to republicans in the house. policy matters.
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tracy: yeah. we've got a lot of good people, and let's hope they do something. thank you so much, you guys. >> always a pleasure. >> thanks. tracy: all right. bejeweled wear for beagles? huh? how one failing teen retail chain is trying to reach a different crowd. and is matt lauer getting a new british bestty? huh? the -- bestie? today show's last hope to make good morning royally jealous. ♪ from fashion retailers to healthcare providers,
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he's made an extra 4.5 million bucks today. that's a lot of kale. american eagle outfitters has unveiled a new line called american beagle outfitters that caters to dogs. items include puppy jackets and wooly sweaters. see if that works? the website is cute too. it's a strategy that can only be described as the princess and the peacock. nbc adding pippa middleton to the today show roster, spinning off in a battle royale for england's most famous sister, to stockpile famous last names which hasn't always led to fairytale endings. here to discuss diana. they had princess diana, and british fergie, is this a good sgld. >> a costly mistake. chelsea clinton it cost her
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$600,000 which breaks down to $26,000 per minute and the ratings didn't go up. they are losing out to "gma," bad idea. >> dan? >> try, give it a shot. the salary may be out of control because they are laying off so many people at networks, nepotism works. she's a name, people around the world know who she is. you got to give it a shot. >> there's a ratings war, and something about the british accents. >> i could do it after dinner with a glass of wine. okay, pippa no good. how long does she last? >> she isn't going to last long, maybe a year. sources say the royal family is miffed. they are private people, they don't want their business out there. >> they say she's a commoner. >> there is royalty and common people. >> she's one degree of royalty just by association as an-in-law. >> she knows a lot, sitting on the couch, she could spew a lot of dirt.
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>> lay topics that require her to be personable and give a little dish about herself. >> people will listen to get little tidbits. >> doesn't work out. >> not sounding good. thank you guys. you can read more about this and other great story, fox 411.com. that is all for now. i hope you're making money today. "countdown" is next. liz: let's take it along, can't we all just get along? one day before president obama gets ready to meet house speaker john boehner and senate leader mitch mcconnell, the republican leadership draws a line in the sand and clearly goes through the president's health care plan. but which sector may go guns ablazing that no one is talking about? we've got it for you. is your car on the no go list now? embattled japanese air bag maker takata which outfits many cars expects bigger-than-expected losses as
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