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tv   MONEY With Melissa Francis  FOX Business  November 17, 2014 2:00pm-3:01pm EST

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dollars and cents truth from you on gruber-gate. bill o'reilly from "the o'reilly factor" is here. "mediabuzz"'s howard kurtz will be here in minutes. no more cuddling koalas after g20 meeting facing firestorm over the keystone pipeline and immigration. investigation launched into yet another crisis on a cruise ship. latest after more than 170 fall ill. and the flying doughnut. check out what airbus is up to. its patent plans to have us traveling around because even when they say it's not, it is always, always about money. melissa: here on friday i told you about cnbc role keeping dollars and cents truth from its viewers as cnbc anchor, when i pointed out that there had to be a cost to adding so many people to the insurance rolls, i was
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reprimanded and told i was quote, disrespecting the office of the president. that chilling behavior actively helped architects like jonathan gruber maintain what gruber calls, quote, a lack of economic understanding among american voters. the response from you, to friday's show has been overwhelming. 1.8 million of you have seen the video on my facebook page, thousands of you sent me your support. via facebook and twitter. you have liked and followed me and i thank you. i really appreciate all of it. the response from cnbc though can only be described as glib, condescending, actually bizarre. in a comment to the "new york post" cnbc's flak made a reference to their prime time programing and added, they are quote, always on the lookout for high quality comedy writers and actresses. so for anyone deciding which
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financial news channel to watch, know that cnbc is on the lookout for comedy writers and actresses. for their business channel. here at fox business, we are on the lookout for your money. joining me now on the phone, bill o'reilly, the host of "the o'reilly factor" of course. welcome to the program. what do you think of cnbc's reaction? >> think it is immature. sophomoric. they obviously are denying that happened. melissa: kind of. >> that is more serious, denial is more serious. melissa: there wasn't much of a denial in there. they said it is laughable. they could be just laughing -- >> when you say something like that, melissa, in a corporation and you're trying to mock the person who is bringing it public, that's a denial. you know, we're not, we're in the "no-spin zone" here.
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we dope care what games they play. was that mark hoffman doing that to you. melissa: no. you know what, i decided not to reveal the person who did it. >> i know him and, i could have commented but if it wasn't him. so i don't know the rest of the personnel over there. it but anyway, i believe you. you know why would you go up against them it weren't true. if you have any documentation that would be. but i don't know how you document stuff like that. not surprised. jeffrey immelt was ceo of general electric, time running everything good. long history with barack obama. a did a lot of business together not surprised. anybody in the business community with be surprised. melissa: one. reason i brought this out now is these gruber tapes came to light. the truth was, once again, there are many networks out there who
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aren't covering gruber. and we're going to bring up later in the show, we asked people if they knew who this guy was and what he had said. and they did not. what do you make of that, bill? >> deterioration of the american public's interest in public affairs. so, i'm not surprised by. that we do waters world every week. you are not surprised at anything. melissa: yeah. >> all their time is taken up by their machines and their games and all of that but more important story is the erosion of confidence by the people who matter in the obama administration. that is what i'm growing to be doing tonight on the factor. you have this tremendous erosion of power. so barack obama one time, very powerful. got this obamacare thing through. purely on power alone. but now, he is losing all power and all credibility and you know, the gruber thing speaks to that directly.
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so that the president is now being in a position as richard nixon was where people just don't believe anything he says. i'm not talking about idealogical people, republicans, people who don't like him. talking about the general public who may not know who gruber is but they do know that there is a problem. a big problem. and, the problem is two-fold. the president's ability to administer to the country, which obviously he is having a tremendous problem doing. and the media, trying to cover up for him. melissa: right. why do they do that? why do they do that, do you think? what is the motivation? that is part of what i don't understand about all of these stories. what is the motivation to try and cover up and lean to the left? >> because they have, melissa, melissa! they have emotion invested in him. melissa: do you think it's a true believer type thing. >> no, no, it is not european that. it is a color idealogical thing. look, the media champions
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barack obama over hillary clinton. that was a big commitment from the liberal mainstream media. we're pogue to choose barack obama over hillary clinton. remember, they ran against each other in 2008. melissa: right. >> okay. now once you throw in with somebody emotionally, that you're hoping they win, which the mainstream media clearly was, you can ask bill and hillary clinton what kind of treatment they got, okay? then when it goes south, it is almost like, in your personal life it is i told you so and nobody wants to admit a mistake. so when the mistakes become more horrifying and more glaring, the tendency is try to cover them up and or make excuses for them. now we've reached critical mass. we have an insider, guy who was directly involved in deciding obamacare, listen, we were deceitful because we think the folks are a bunch of dopes and we could get away with it, ha, ha, ha.
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it is devastating. >> do you think, i mean does this have an impact down the line? do you think that folks remember this at the next election? or -- >> hard to tell. the next election is all about hot republicans put up to run against plaintiffs clinton. if it's a credible candidate who sees the big picture and problem-solver and puts forth solutions to vexing problems, with clarity, that person will win. but you've got to be, got to be bright and got to be quick. i don't know if the republicans have anybody like that. certainly a lot of people will go for it. melissa: okay. >> the folks, the overall impression is, you see this in every single poll, is that the president can't do the job, can not do it. he can not do it. he is in over his head. and this just reinforces that belief. melissa: mr. o'reilly, go back to preparing for your big show. >> melissa, good job. see you. melissa: let's bring in howard kurtz now, fox news media
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analyst, the host of "mediabuzz." howard, you noted that now again the obamacare story is getting sidelined. jonathan gruber's stunning admissions still not being covered by everyone, right? >> right. although much of the mainstream media have been catching up in recent days because it was so obvious and political furor even the president of the united states himself having to react, some networks like nbc, abc, new york times, "washington post," cbs, have done stories they should have done last monday. did them at end of the week or over the weekend. i was really struck, talking to bill o'reilly, a moment ago about cnbc's response to what you said what happened when you were there, my job to get all sides, when i got in touch with cnbc spokesman, gave me one word comment, laughable. i said, do you want to elaborate. is there anything else about what he said you want to challenge and stuck with one word. that said to me, cnbc is trying
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to dismiss with funny comment -- melissa: but they know it happened. >> there was kind after non-denial denial. was there a meeting. did they think you were the problem. you told me on the my show, that first time you were accused being too political at cnbc. that tells me cnbc wants this to go away as soon as possible. melissa: all right. howard kurtz, thank you so much, appreciate your time and you investigating the story. thank you. >> thanks, melissa. melissa: all right. i want to hear from you, follow me on twitter @melissaafrancis. like me on facebook.com/melissafrancisfox. while you're there, like fox business as well because we are reporting news about your money and not hiring actresses and comedy writers. i still am not getting that. but anyway, nightmare on the high seas. latest sick cruise comes back to the u.s. listen how passengers were surrounded by barf for nearly a month.rise of the machs sooner than you think.
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why elon musk thinks they could wipe out the human race within five years. more money and terminator robots coming up. ♪ ♪ music
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dierdre: six years of flopping around the senate like a political hot potato cops down to this, a vote on the keystone pipeline. it is senate's turn to have its say after the house green-lighted the bill on friday. here to discuss, veronica daguerre of "wall street journal" and dan shaffer of shaffer asset management. veronica, what do you think will happen here? >> we'll see what happens. i think the president will veto it if it comes this far. good to see it comes this far. political motivations makes folks cynical this bill has been sitting there for six years and finally there is interest on the democratic side. we'll see what happens. but i think it will be good. if it does pass because of all the jobs that will be created. melissa: what do you think about that? if it makes it way the president and he vetoes it. >> this is sir circus that motivates democrats to push republicans now. now comes up after the election when the republicans both of the house and senate and so it is just a political game of moving
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the dice around to take the bets, to make certain people look good. this doesn't stop. melissa: sort of a hail mary for, mary landrieu. this might not help her runoff. melissa: it is harder because gas prices fallen so much at the pump. people are not in as much pain. timing hasn't changed so much. people realize if you turn off the spigot prices will go higher. it is sort of unfortunate timing for those who are for it. meanwhile, this definitely wasn't in the brochure. not so smooth sailing for 172 people on a carnival cruise when they caught a nasty stomach bug after nearly a month at sea. i don't know why they went out for a month. the ship docked in california on sunday and already back out there for another cruise. don't worry, they said it has had a deep cleaning! dan shaffer, are you ready to jump on a cruise after this. >> for full disclosure i have never been on a cruise. melissa: i wish i could say
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that. >> i don't care to go on one. not something i would do. i think germs are all over the place. just accumulates. but the point is here that it is constantly happening. there is really no way to stop the flu virus. once it gets on the ship -- melissa: no way to stop this from happening. >> says in the material you get it from touching. there must be a lost touching going on the cruises that i'm not aware of. melissa: you can't help it because you're packed in so tight, you inevitably bump into everybody else. signs on the side of the vessel are amazing. security warning, keep 50 meters away. what kills me is, they quote, unquote, deep clean it. then whip it back out there. same ship had problems before. >> need to boil the thing and start fresh. will be a horrible way to spend your vacation, with confined space and all people getting sick yourself all the reason to get travel insurance. melissa: think it would be tougher on cruise industry. i don't think they suffer as much as a result, surprising me.
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i think reports are picking up. surprising they don't pay more of a financial penalty. >> the people i know go on cruises are super devoted. melissa: they're true believers. someone tell elon musk there is no monster under the bed. at a man at forefront of technology he has a very grim outlook for the near future of robots. took to a discussion sight, edge.org, the risk of something seriously dangerous happening is in the five-year time frame. this is not a case of crying wolf. about something that i don't understand. his comment has since been deleted. so i don't know what that tells you. dan shaffer, are you worried about the robots coming and killing you next five years? >> you know i'm a science fiction buff. melissa: he says it is not fiction. not science fiction. >> i'm going back to 1968, 2001, a space odyssey with hall the computer which took over and hal, mortified, not mortified, met more emphasized himself into
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somebody that who wanted to destroy humans and take over the spaceship. he was able to think. what elon musk is saying, if we're in early stages much thinking computers to think -- melissa: that robot on the screen will come kill us sooner we think. >> i hope not. poor elon, he sounds a little crazy. melissa: i don't know. i believe elon. >> he has evolved a lot. >> he has evolved a lot. actually knows what he is talking about. makes me nervous he would say that. airbus coming up with a futuristic design that would make homer simpson proud, it's a doughnut. or robot how you look at it. this is pursuing patent for 360 design. he they are not actively pursuing a patent for the craft. would you pay more to fly in the round? >> do i want to look at other passengers? i want to sleep, put on a mask and disassociate. i wonder if the thing actually
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fly? it doesn't look aerodynamic. not to mention how will it get into the gate? airlines have trouble parking planes anyway. melissa: seems like could be something they charge a premium for, if they make it cool enough, this is chance for the airline industry to charge us even more. >> technology is like triad, like the hat you wear so arrow dramatically it doesn't fall off. same with the pastry, doesn't fall off cart. but this round concept is very interesting where, it become as gyro and starts spinning itself. so much technology that can go on top of this. i think this is again, the early stages of something that could be futuristic. melissa: that makes me want to vomit. thanks, guys. major strategy changes coming to the fight against isis. the u.s. speeds up training efforts in iraq as costs and uncertainty grow. plus, a headache for middle managers everywhere. facebook making a move into the work place, begging the question, who are you going to tag in that expense report? smart money on the way.
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melissa: tragic news out of the middle east after isis beheads american hostage peter kassig. some were holding out hope for the 26-year-old aid worker even al qaeda called for his release. isis touting latest video as retaliation for u.s.-led coalition strikes but could actually show a weakness among the brutal terrorists. christian white man, former state department senior advisor. lieutenant colonel bill cowan, fox news military analyst. they join us right now. colonel, i will start with you. are you surprised this happened, given the, there seemed to be some stalling, given al qaeda,
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given his conversion? >> i'm not surprised because i think that is the nature of the enemy that we're dealing with. people need to remember this young man had converted to islam. that tells us again the brutality of the people that we're dealing with her, melissa. they killed fellow muslims, shiite, sunnis, turkmen, christians, kurds, you name it. as they mark across the area they control. i think we need to be worried about other prisoners they have. melissa: christian, they say there are some differences in the way this tape was shot that may signal that there are more on the run, do you agree with that? >> there are definitely differences. they don't show the whole act of decapitation and events leading up to that. they show gruesome before and after. we're just guessing. this is speculation. mr. kassig was someone who had ranger training. they may not have gone along with what they wanted. maybe they wanted some sort of confession or groveling but may have not given to these savages
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but that is just a guess. melissa: at suggestion of u.s. central command, defense secretary chuck hagel said the u.s. will speed up its training for iraqi forces. meanwhile, 1500 more u.s. troops are waiting deployment in the area. colonel, cowan, what do you think of those facts? will it help? is it enough. >> it has got to help some, melissa, but we're so far behind the power curve trying to get iraqis stood up and out there fighting isis. we need to remember every day isis isn't confronted directly and decisively, they continue to consolidate the ground they hold, the population that they control and makes long-term prospects of fighting them effectively much more difficult. we're doing right thing but slowly and we're still waiting to get our coalition partners all signed up. there are just too many uncertainties out there what our other partners will do and how much we'll do on timely manner. melissa: christian, what about that? are we not getting more folks to
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sign up joining at our side? >> because we don't have a strategy for victory. it is difficult close to the enemy to take risks if we don't. who do we want to run syria? that is neither obama on left or mccain on the right can answer. do we expect sunni tribes dominated by isis to rise up only come under the power of shiite-dominated iraqi government, basically to hand themselves over to iran? we need to reprise what was so successful 2007 surge activating sunni tribes. doing that means recognizing that iraq is three different countries. sunni iraq will never be part of post-world war i iraq again. that is something no one in washington seems to be able to do. melissa: since airstrikes started in august, we spent upward of $800 million. do you think that is money well-spent, colonel cowan? >> well, it probably is because we've had a little bit of effect against isis but i think it is
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tip of the iceberg, melissa. we probably spent incredible amount since then. we haven't begun to talk about about equipment, ammunition, supply and gear we have to replace that iraqis forces lost. if we in long term this will cost incredible amount of money to turn into effective fighting force, kurds, iraqis, free syrian army. we have a long way to go and a lot of money to get there, christian the show is called "money." serve to ask you about that. iraq war cost $2 trillion over the course of a decade. what are we in for here? >> impossible to tell. if we have no strategy and president can't explain what we're doing there then a single dollar and single american life is not worth it. if we're in it to win it and if we know who we want to win we should use kennedy model, paying any price and bearing any burden. these wars are expensive. if you look war in afghanistan, it was $1.5 trillions, when we
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spent more than $30 trillion in washington. expensive yes, but driving the deficit, not really. melissa: thanks to both of you, stocks are fighting for gains as japan slides into recession. stocks are down more. they have bounced back. go to nicole petallides on floor of new york stock exchange, with more on that one. nicole what is driving trade today? >> interesting, melissa. watching market breadth. obviously we had weakness, contraction, recession basically in japan. that was not expected to get that for the gdp numbers in the latest quarter. hang seng and nikkei both dropping over the last 24 hours. nikkei was down nearly 3%. however we've come back off lows. we were two to one negative. now he see up volume versus down volume, virtually even. so much so we were 50 points away from all-time record high. 30 points at our best part. back to you. melissa: nicole, thanks so much a few stories on our radar, shares of walmart hitting new highs. they're on track for a third
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straight record close. investors think falling energy prices could have very positive impact on retailers operations. ford's new f-150 truck could drive up shares by as much as that is according to a report by "barron's." reviews of the truck have been positive all around with one auto magazine saying it was the best pickup they had ever driven. drug enforcement agents are making unannounced visits to nfl teams as part of an investigation into painkillers. a class-action lawsuit claims team doctors hand out novocaine and other drugs to energize players. not good. taxpayer money hard at work to campaign against economic truth. 6 doll million of your money paid to this man -- $6 million. paid to this man, obama care architect, jonathan gruber. six million bucks! while mainstream media stays quiet. plus when the couch is just too cozy to leave. we'll tell you how many young
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americans don't even want a job. "piles of money" all from mom and dad coming up. ♪ opportunities aren't always obvious.
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♪ ♪ melissa: president obama finally responding to the jonathan gruber controversy, taking great pains to distance himself from the embattled mit economist. listen. >> the fact that some adviser who never worked on our staff expressed an opinion that i completely disagree with in terms of the voters is no reflection on the actual process that was run. melissa: the president's emphatic denial undercut by remarks from gruber himself. here's the man of the hour detailing an intimate meeting with the president at the white house. >> and obama's like, well, you know, i mean, he's a really realistic guy. look, i can't just do this, it's not going to happen politically. the bill will not pass.
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how do we manage to get there, and we talked about it. melissa: wow. katie pavlich from how how townm and dan schafer. katie, who do you believe? >> i think i believe jonathan gruber, but that's a stretch considering he was basically lying to the american people. president obama distancing himself from these comments is the number one thing that they do in the playbook anytime something like this comes up. they play dumb can, act like it was some low level official, but the bottom line is and the fact is that jonathan gruber was a key architect of obamacare, he had multiple white house meetings, he was cited by nancy pelosi as someone that the media should consult for information about the health care law. so for president obama to now try and say i don't know who that guy is, i think that he's just lightening again, and the cover-up, again, is becoming worse than maybe the crime. melissa: veronica, i look at how much money he's made as a result. they say he doesn't work for
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them, but he's made between $4-$6 million since 2000. that's a lot of money. >> yeah, it's a staggering amount of money. >> from the government. >> from the government, from the taxpayers. it seems like how could they not know who he was if he's getting paid that huge amount of money? and he basically admitted that this is a program that hurts american people. a lot of people who this was intended to help, it's not helping because they can't afford it. melissa: meanwhile, dan, open enrollment started i think it was this past weekend. seems like this timing is pretty bad of the gruber tapes coming out. >> it is bad. it's showing you this administration just happens to keep pushing -- i refer this to casablanca, the movie, where the captain stepped over the major or whatever and said, you know, round up the usual suspects. and it just happens that it's not just the irs issues. so the big part that i have a problem with is he keeps saying that this, gruber was not on our staff. when you pay somebody millions of dollars, i don't care if
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they're employed w2 or 1099, if they had something to do with this program and they know the inside scoop and they now come out publicly and talk about it and it's on tape, that person's on your staff. that's how i look at that. melissa: katie, what impact do you think this will have, if any, on enrollment numbers? we're going to show you at the end of the show, there are a lot of folks who don't know who jonathan gruber is, maybe it won't have any impact at all? >> maybe not necessarily jonathan gruber's comments, you mentioned the mainstream media is not covering this, but there's a new gallup poll showing that obamacare is at its lowest approval rating since it was passed at 37% approval. obamacare was never popular. it's not like in fact a popular piece of -- like this was a popular piece of legislation. it has never had majority support among americans, and now it's even lower. one thing i want to address can quickly about gruber's comments, you know, melissa, you're on a business channel, you have a business show, if founders or
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ceos misrepresent their products, there is -- that's against the law, right? and here we are with jonathan gruber misrepresenting saying he's mislabeled obamacare in order to get it passed, and there seem to be no consequences when the double standard is clearly there. melissa: we've gotta go, thanks to all three of you, appreciate it. i asked for your comments on facebook and twitter and, boy, have you responded. thank you, melissa, for going public with the lies at cnbc, sad how media protects obama. glenn york says: bill was right on about obama and clinton, just keep on reporting the truth, melissa, you are respected. thank you for that. and surfingurf says behind you 100%, at least you are now with an honest news organization. i hope you you tivo it the restf the time. on facebook, shaish says: their response says cnbc is about
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childish losers who are all in the pocket of obamacare. i don't want like name calling, but they sort of brought it on themselves. we have posted the clip on our facebook page. go and check it out. don't forget to follow me on twitter, like me on facebook.com/melissafrancisfox, and while you're there, like fox business too. we've got a lot of great stuff. thank you for all of your support, i really appreciate it. president obama throwing down the gauntlet on immigration, dangling the threat of executive action over congressional leaders. plus, vladimir putin taking his warships and going home, leaving the g20 after a hostile welcome from everyone. except maybe this koala. that's all who liked him. at the end of the day, it's all about "money." ♪ ♪ she's still the one for you. and cialis for daily use helps you be ready anytime the moment is right. cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently. tell your doctor about all your
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♪ ♪ melissa: i'm melissa francis with your fox business brief. two in five young americans don't want a job. a new poll has revealed that a huge chunk of 16-24-year-olds have no desire to look for employment. 40% of people in that age group are now considered outside of the labor force. up from 30% a decade ago. big move from halliburton and baker hughes on news of their $35 billion deal. halliburton will buy its rival for cash and stock. the combined company is expected to save $2 billion in costs
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every year. and another one bites the dust in atlantic city. the trump taj mahal will be the fifth casino to shut shop when it closes next month. atlantic city will now be left with just seven casinos. that's not enough. that's the latest from the fox business network, giving you the power to prosper.
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melissa: from the u.s. to every corner of the globe, money is flying around the world today. in australia where things got a little uncomfortable for vladimir putin despite this very adorable hug from a koala. the g20 summit was left with just 19 world leaders after putin diseased to leave -- decided to leave before the big final luncheon. you know it got awkward after several officials criticized his country's involvement in ukrainian fairs. over to kaszikstan which is about to get its first-ever mcdonald's. thank goodness. the fast food giant is partnering up with an oil tycoon to bring its happy meals next year. still waiting to hear whether they'll tweak their menu or not. people are known for their love of horse meat there. all right, and landing in the u.k. where mr. darcy's home is up for grabs. the british estate that inspired novelist jane austen is on the market for $11 million. what a deal. it is twice as large as the
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queen's buckingham palace. it has more than five miles of hallways. i hope they have people movers. darcy better be worst it. after years of punting on the issue, president obama suddenly making immigration a top priority. reportedly unveiling his plan for reform later on this week. so far his message to congress is clear: pass a bill or face that mighty pen. >> there is a very simple solution to this perception that somehow i'm exercising too much executive authority. pass a bill i can sign on this issue. melissa: here to discuss all that, judge alberto gonzalez, former u.s. attorney general under president george w. bush, also geraldo rivera, host of "geraldo at large." i want to break down what the president just said because he said he's not going to go to the executive action if congress goes ahead and gets a bill out in front of him, but we also
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says he's going to do something next week. do you think he's being disingenuous? >> oh, sure, i do. hi, melissa, hi, general, how are you? i totally do. you can't say he has not been provoked by the republican-controlled house of representatives. they have refused to call a vote on the senate measure. i know as i say this that i am in the minority among people who watch our channels, but i feel very strongly that the time is more than past for some kind of immigration reform. and if the republicans who now control both houses of the congress won't do it, i totally support the president. i think he's late to doing this. he promised it back in 2008. this is now 2014. the time is, the time has come. melissa: judge gonzalez, you know, he said in the beginning some people don't think he has the legal authority to do an executive action on this. do you think he does have that authority or not? >> well, i don't know what he's going to do, you know? and, of course, if we're talking
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about the suspension of deportation of a group of individuals, he said in 2011 that he didn't have that authority. and so he was advised at that time by general holder, and general holder's still the same attorney general, i suppose that his views have changed. you know, geraldo talked about immigration reform. the thing is that what the president is reportedly going to do is not immigration reform, it's a short-term sort of band-aid over a very serious problem that we have. we really need the congress to come together, and if they're going to complain about executive action, then the onus is on them to fix this problem, and they need to come together, and they need to pass a comprehensive plan to deal with a very serious problem that affects our economy and our national security. melissa: so is there a plan somewhere in the middle that everybody could agree on? >> first of all, to general gonzalez's point that this is a band-aid, i agree. but sometimes when you're bleeding, you need a band-aid. right now if, indeed, he gives, for example, melissa, to people who have been here ten years and
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have children born in the united states who have no criminal record, who have paid income tax, how is the country disadvantaged by these people being told they can come out of the shadows and work, get a driver's license, have a bank account? i think it is long overdue, and it is about time he's done something. melissa: okay. judge, go ahead. respond to that. >> well, what i would say is that i think we're sacrificing the many in order satisfy the few because what's likely to happen is there'll be a negative reaction from the republicans in the congress, and i think what you're going -- it's going to become more difficult to get something done. and i just think this is too important an issue. and i think given the fact we've had this recent election, new leadership in the senate, i don't understand why the president feels it's urgent now to move. geraldo is absolutely right, it's disingenuous to say all congress has to do is pass legislation, and i'll disregard executive action. melissa: well, it has a big financial impact on the country, that's why we're covering it on
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a show called "money." thanks for joining us, we appreciate it. let's check in with liz claman and see what she's got coming up. liz: melissa, you've been talking about obamacare, the gruber situation that, of course, involves taxpayer dollars. fox business is breaking news at the top of the hour involving the taxpayer-funded bailout of aig, the insurance giant, and this does go back to the financial crisis where everybody was wondering why did our money have to bail out this company? we've got breaking news and two legal eagles -- doug burns and john cover fee of -- coffey to weigh in on whether hank greenberg who just filed the lawsuit against the u.s. government saying taxpayer dollars didn't have to be used to bail out aig, will he stand a chance? why was he abruptly pulled from the witness list? a story fox business broke last week. we'll be talking about that. now, here's a question for you and your viewers, melissa.
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if you were to side with a billionaire on investing in solar, would you side with warren buffett or elon musk? we also have solar city's ceo, elon musk is the chairman, and we've got the ceo of the company that has become number one for solar. go on facebook.com/lizclaman about whether you'd go with buffett or elon. back to you. melissa: hmm, liz, thank you so much. steven spielberg finding trouble, why the legendary phonemaker should phone home or at least his accountant. plus, it's enough to make you grab your pocket protector in horror. google glass may end up in the nerd hall of shame right next to the segway. you can never have too much "money." ♪ ♪ how can power consumption
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in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of r mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. it's more than the car.er. for lotus f1 team, the competitive edge is the cloud. powered by microsoft dynamics, azure, and office 365, the team can gain real time insights and instantly share information around the globe. when every millisecond counts, staying competitive begins with the cloud. this is the microsoft cloud.
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♪ ♪ melissa: whether it's on wall street or main street, here's who's making and losing money today, anyone with a piece of dreamworks. the stock is tanking after its merger talks with hasbro went down. shares right now plummeting 14%. cofounder steven spielberg won't be needing that bigger boat after all, he's got more than five million shares of the company meaning that he lost around $19 million on this. yikes. all right, it's time for a little fun with spare change, today we're joined by bruce drink dell and jo ling kent. facebook reportedly exploring a more workplace-friendly version, allowing users to keep their social and professional lives separate. jo, what do you think about this one? will it work? >> well, it's huge potential because the networks are already there, billions of people already using facebook for
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personal business, americans spend 40 minutes on average a day, so now maybe a reason to use facebook at work. linked ip, could take -- linkedin, could take a bite out of them and a number of other companies. melissa: okay. google is launching, keep going, new ads for their products, the ads never even mention that they're google products, conveniently leafing google out of the -- leaving google out of the marketing equation. pure genius? what do you think? >> that's only a small part of what they're doing. they're trying to convince you to buy products that spy on you, and, of course, because they're connected with google, they will sell that data. by showing ads that say the thermostat, the smoke detector are already spying on you, they're deferring the issue, and when somebody comes out and says it, they're going to say, oh, we knew about that. melissa: the cool kids are already over google glass. jo, is it done? >> well, google glass could be classified as the next segway.
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reuters has actually found out of the 16 major app developers that are working on games and apps, nine of them have quietly said they are no longer making them. so this is not good news, but it's in such early stages. melissa: bruce, i've never seen people walking them. do you have it? >> no, i don't have one because, as you said, it's for the cool kids. i don't qualify for that. but when you have a problem and you put it on and someone calls you a glasshole -- melissa: yeah, that's tough. thanks to both of you, guys. a flood of responses pouring in why mainstream media's staying so quiet on the obamacare architect, jonathan gruber. we are taking to the streets for more great responses next because at the end of the day it's all about your "money." ♪ ♪
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melissa: we wanted to see what you thougt
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about being called stupid american voter by your own government via jonathan gruber. take a listen. >> do you know who jonathan gruber is? >> i do not. >> no. >> no. >> his name is jonathan gruber, do you know who he is? >> i don't think so. >> do you know who jonathan gruber is? >> who? >> jonathan gruber? >> no. >> he was one of the main, key architects behind obamacare, and he said it was basically because of the stupidity of the american voter that it was able to get passed. what do you think about that? >> that if it was not for the stupidity of the american voter? the american voter's quite smart. >> i would hope that's not true, but i don't know the situation. >> disrespectful. why would he, like, have something bad to say about people? >> politically, it doesn't make a lot of sense. consulting. >> well, maybe he's right if i don't know who he is. [laughter] >> what would you say to someone who called the american voter stupid? >> it just shows he's not necessarily in touch with america as a whole. he has a slanted, biased opinion about what he's trying to get accomplished politically. >> i think he'd be wrong.
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>> he's not too bright. >> he's not too bright. >> he shouldn't be in charge of anything. not very nice. melissa: yeah, not very nice, indeed. let's go to our panel for a quick reaction. veronica and dan are back with us, most people didn't know who he was. >> not surprised they don't know who he is, but at the same time, it doesn't mean they're stupid, it just means americans, we're trying to make the best decision given their limited economic situation. so a lot of people are financially stressed, and they wanted obamacare for that reason. that's not what it provided for them. melissa: i mean, does it say they're not engaged or they're watching mainstream media? they didn't cover grouper? what do you think? >> i think the people may have been watching networks that don't talk about that this, so they're not educated on who these people are. and it reflects in just their reactions. if you look at some of their reactions, they had no clue. melissa: no, they had no idea. and it's iconic -- ironic, because that's what he said they've counting on. and he's right. anyway, we're doing our best to
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keep an eye on your money for you. i hope that you're making money today. that's all we have for right now. the market is up 16 points. here comes liz claman. liz: yes, i am right here, melissa. a quick mention here, dow and s&p are either at or above record closes, so stay tuned. you are making money if you're in stocks, and just as melissa has been focusing on the billions of american taxpayer dollars at stake in the president's health care plan, we're focused like a laser on the hundreds of billions of taxpayer dollars that were used to bail out companies during the financial crisis. $80 be in the case of insurance giant -- $80 billion in the case of aig. hank greenberg says aig did not want the treasury's money and could have gotten a better deal elsewhere. fox business out front on this story, and breaking right now new, exclusive details on why the government won't be calling greenberg as a witness most likely. who stands to win this case? a very tough former federal prosecutor as well as one of the smartest legal minds

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