tv MONEY With Melissa Francis FOX Business December 4, 2014 2:00pm-3:01pm EST
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melissa: that's right. thank you so much. republicans take the first step against president obama's executive order on immigration. today a house vote as 11 states red and blue sue the administration. more good news at the pump. gas price wars breaking out as retail unleaded dives below two buck as gallon. whoo-hoo. wage rage. fast-food workers walking off the job today in support of a $15 a hour wage. sell, sell, jim cramer told to leave street.com or quit his day job. even when they say it's not, it is always about "money." melissa: right now the immigration debate playing out on the floor of congress. the house moments away from a vote to block the president's executive order. the move on capitol hill comes as a 17-state coalition takes legal action against the obama
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administration, filing a lawsuit, challenging the president's immigration reform. here to discuss it all our very own charlie gasparino. david asman, host of "after the bell" and arthur aidala, criminal defense attorney and fox news legal analyst. you're the lawyer. i will start with you. do they have a case. >> i am friend with dave and charlie. i like them a lot. >> has good taste. you know what happens after that. >> we need somebody to vouch for us. melissa: does the president have a case? >> i think actually the president has the authority to do what he has done to a degree. he is entering the gray zone. he is entering, it is against the way our country was founded, right? >> yes. >> the country is supposed to be congress makes laws, president signs off on them and enforces law. here the president is trying to create law. melissa: out of thin air. >> forgive me, the president can not create a tax which is, this is a huge, executive tax on states who are going to have to come up with hundreds of
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millions of dollars to pay for what the president is ordering them to do. >> other thing he can't do, melissa, he can't tell us what laws we're not going to adhere to. he can't say tomorrow, you know, money laundering, we're not going to pursue that anymore. we're not going after money launderers anymore. he can to a degree financing for law enforcement. >> can't start a tax. that is what this is. melissa: he can't tell people to ignore a law. that is really interesting argument. charlie, do you want to get in on this. >> i think he is a strong legal ground. it's a jump ball on any reading of any legal analysis and default goes to the president. >> hold on a second. andy napolitano, judge napolitano was talking about how a number of court cases. >> supreme court. >> has sided in favor of people saying you don't have a right to impose a tax on me. >> listen, i will say this, david. when we thought about the initial obamacare decision, when you look at it logically
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rationally it should have been struck down but it wasn't. >> that's true. roberts got it wrong. >> but you never know. >> grand jury decides not to indict a new york city police officer in death of eric garner, prompting widespread protests and casting doubt on major presidential call to action. president obama pushing for $75 million to outfit police officers were body cameras. in the garner case the grand jury did not pursue criminal charges, despite a video account of the confrontation. so the show is called, "money." we're focused on the money angle here. it is the idea folks want and including president, want communities to spend money on cameras. we had cameras in this case. >> the other money aspect, remember how this started. i'm really troubled by that video. this is not ferguson. this was not a -- melissa: different. >> totally different. but a small businessman, in that community, in staten island complained to the police that this, there is guy on the street
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selling cigarettes illegally taking business away from me. the police responded to that call. >> charlie, you're right on. everyone says why is this a crime? all about taxation. >> amazing. >> state gets all of those state taxes from the cigarettes. so that is the only reason why -- >> do you agree with rand paul, people who oppose outrageous taxes to pay for city government that is bloated and corrupt, they're with the bigger complaints? >> i won't go that far. putting words in my mouth. >> i'm trying to win you over to my side is what i'm trying to do. >> this is curious story. the cop responds to a sergeant, who says, arrest this guy because he is taking, he is taking money from a bodega around corner. >> correct, grocery store. i don't like the fact you chokehold over someone because of this nonsense. >> what did cock cops do when we grew up? kick you right -- not kill you. >> we lived in new york.
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a lot of people, a lot of cities around the country went through the crime era, '70s, '80s. >> and '90s. >> hold on a second. '90s. we got new rules about stop and frisk. that brought crime down by levels we've never seen before in our life. now these protesters want to undo that. imagine what happens to this city? talk about money. prosperity of new york would go right down again if we had crimes. >> absolutely right. melissa: let me move on. looks like sony may own kim jong-un a big basket of apology cheese. sources finding little evidence of north korean involvement in the massive cyber attack. now believe it could have been an inside job carried out by a current or former employee. david, doesn't it always come back to an inside job. >> it does. it comes around to lots, hundreds of thousands, probably over a million people who downloaded these things thinking they save a couple bucks. guess what, all those idiots have all their personal information held by these hackers who are not only going
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to get into their personal life, but also the life of the companies that these -- >> why would anybody believe north korean dictator that he was behind? melissa: because when they asked him, wait and see. >> you believe him? you believe a crackpot nut, liar despot? melissa: i thought it was hysterical. wait and see. as long as we don't do any naming we're all set. >> wait until the next segment. >> potentially much bigger problem, melissa. i lectured at a whole symposium about internet security, cybersecurity. and how really that is the next generation of crime. >> we're living in it right now. melissa: no question. all right. we don't even like talking about that network across the river. i can't remember their name. we have got to report on the news. one of the largest investors in financial news service, thestreet.com, sending a scathing letter to cofounder jim cramer saying quote resign from msnbc and assign your considerable energy an talent
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helping fellow shareholders crawl back from hades. >> jesus. melissa: 9% shareholder this group, upset about the massive decline in stock price. charlie you say? >> you know, i think that this guy, not cramer, is a crackpot. i think -- melissa: as long as we're not name-calling. >> i beat up on brand x all the time, cnbc all the time. melissa: right. >> i have, concede i'm acquaintance of jim and i do know him and do like him. but that woe not stop me from taking a shot. melissa: the carlo kennel, largest share holder. >> can you name three other stocks that he owns? melissa: why would i? >> good point. why do we care. >> why do we care? i tell you exactly why we care. >> he owns valuevision mead yay. trades at 5.$6 a share. >> why is that relevant. >> tell you why. owns hooper holmes which trades at 52 cents. melissa: why is that relevant. >> multibrand corp trades at
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3.25. he is invested what is generally known as penny stocks. not calling him manipulator. this is not a it typical activist investor goes after big stocks. melissa: now my turn. this is a stock gone from 70 bucks. >> right. melissa: to $2.24. >> it would be dead if it wasn't for cramer. melissa: cramer has continued to up his pay in the company. it is losing money manned over fifth. it lost 3.8 million. year before 13.8 million. during that period paid himself 3 1/2 million and more. >> he created company. melissa: anyone one else who pays more and more as the company lost 97% of its value! shareholders have the right to complain. shareholders have the right to complain losing tremendous amount of money. >> you skipped over the entire dot-com bubble blowing up with this, street.com would not be in business -- melissa: has value of our company lost 97%? >> are we a dot-com?
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melissa: amazon lost 97%? who has lost 97%? >> where is pet.com. >> that was a crisis. >> so many companies imploded during the internet bubble, particularly media companies. >> pays himself founder more and more and more and more? >> if it wasn't for jim cramer there would be no reason to go to thestreet.com. that stock would be zero. melissa: close to zero. >> why is mr. cannel in the stock? melissa: he tried to fight to get value back. >> oh really? you really, you are that uncynical? melissa: without question. >> long-term investor. melissa: i have no idea. he absolutely has lost money and would like to make money. >> you are passionate about this arguement. >> i'm saying this is the biggest non-store in the world. -- non-story. >> it is a, not a non-story. >> there is a little bit of fiscal responsibility for mr.
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cramer? a little bit? >> he is entrepreneur company. you don't like his stock, sell it. >> actually free market bottom line. >> paying himself millions and millions of dollars. melissa: as they're losing money hand over fist. >> he is entrepreneur -- yeah, well, no offense but if you bought that stock at ipo when i was covering internet stocks like pets.com -- melissa: market cap of 1.7 billion to 75 million. >> wait. companies lose -- melissa: ceo -- >> companies lose money all the time. melissa: head of the company doesn't continue to pay himself hand over fist. >> you know why he does? if it wasn't for him, nobody, they would get zero eyeballs. he is worth it for sir, they're wrapping me. they're wrapping me. charlie gasparino, i love you so much. no one could anticipate what you were going to say about the story. >> this is so obvious. this is insane. this guy is a nobody. >> so obvious, melissa,dy, got whole thing started again. my mistake. >> how do you like the fact that the "new york times" -- melissa: cheaper by the gallon.
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gas falling below $12 in some areas. how low will prices go. mill does not do a company good. reason why coke is pulling its latest ads. more money coming up. >> yes, paralyzed, for people who want life just shy of good. in this product doesn't work out, they can always reintroduce, milk classic. [laughing]
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melissa: a buck 99, that is all you have to fork over for a gallon of gas in oklahoma city. the drop through the floor of two bucks is even sparking gas wars. here so discuss it all, patrick dehaan from gasbuddy.com. jared levy from profitable trading.com and simon constable from "the wall street journal" thanks to all of you for joining us. patrick, you're a gas buddy. gas wars, are there really gas wars going on? >> all really thanks to the opec price war going on with the u.s. so what you said, exactly 1.99, every penny counts. we're down to 1.98 in oklahoma city. those three stations, three stations down there going at it. i'm sure they will continue to see lower prices. melissa: that is amazing. jared, how good is it from the
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consumers. >> very good. i'm a stone's throw from oklahoma city. we're not there yet. stronger dollar equals cheaper commodity prices. another commodity is cheap, corn can be a big driver for oil. melissa: right. >> next couple months i see lower oil. that is good for consumer spending. it's a positive. but i don't see it lasting more than six months. i wouldn't get too excited. melissa: lasting more than six months. they're already talking about hiking gas tax to make up for whatever savings we're enjoying, right, simon. >> that is problem. upping taxes is a bad idea. the government keeps doing it. although a lot of people are benefiting from lower gas price, less so here in new york city. i ride a bicycle and not getting any break at all for this. send your money in, you know. >> i love it. >> fold it up and put it in an envelope. i'm not getting benefits. melissa: just in time for christmas, another dip for drivers. aaa sees gas prices falling even more, up to 20 cents before the new year is out.
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patrick, do you agree with that, another 20 cents? >> i think they're listening to what we're saying absolutely. national average down into the 2.50s. i won't clarify. national average will be in the 2.50s by christmas. might be 2.59, or 2.57 but absolutely, price declines will continue. melissa: wow. simon trade in your bike to get a car? do you think there will be more people going back to driving? as lower prices go, i don't know -- >> actually i think this, automaker, if this stays low, and some people talking about it staying low, not everybody of course, we heard it might be only six months, big car are very good for automakers. don't cost much more to build than a small car and tons more profit in it. that is good for gm, toyota and honda. melissa: the king of saudi arabia playing this as if the price was low, opec's biggest producer seeing it head
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to $60. they think they could handle that. that is quite a bit after tune, when opec was saying in februaries, that $70 a barrel would start a panic. jared, what do you think? >> this is mental game going on between opec and u.s. here in the united states there are a lot of variations. average cost to pull oil out of the ground, somewhere in the mid 70s. for opec, middle eastern companies, much cheaper, 60s. we'll put you through pain next couple months. we'll still make money. you will have to cap your wells. that will hurt. so it's a game. >> do you think saudis are driving it to 60 bucks? >> hey, everybody's hand is in this. it wasn't iea came out and said 42 bucks is what the u.s. shale formations need? of course not every well. you know, this is kind of one of these price wars. of course it will benefit motorists out there. as saudis going at it now. of course opec is looking less relevant than ever and u.s. is looking stronger than ever.
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melissa: twice, thank you so much. >> >> fox business took to facebook to get your feedback on falling gas prices. your responses are pouring in and twitter. we love them. take a look at responses we've gotten throughout the country. gas is 3.25 in connecticut. i used to go there all the time. 2.58 in williamsport, pennsylvania. according to howie. jay writes 2.5 in gold borrow, north carolina. melbourne, florida, is seeing 2.74. that is according to vicki. wayne says 2.87 in cleveland, ohio. things are looking for judy in columbia, missouri at 2.32. it is 2.87 in north dakota. very cool. just a penny more over in torrance, california, from paul daniels. love to hear from all of you. like me on facebook.
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facebook.com/melissafrancisfox. fox business as well. winter is coming. even with a flu shot you still might not be safe. a new cdc advisory claims that this year's vaccine may not be as good to protect against virus. joining us dr. manny alvarez, fox news medical a-team. you said that would be protect us but it is not working. >> not everybody's fault because the flu we're seeing today, is h 3 n 3 strain of influenza type-a. it decided to change the last minute. so the vaccine we've seen utilized for the flu, is about 50% effective. the problem with h3 n3 from influenza-a, it is very deadly and you get very sick. if you got the flu shot but still getting flu, first thing to do is go see a doctor to get antiviral medicines.
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melissa: dr. manny, i feel like they shea that every year. you get the flu shot, it mutated not the one you thought. >> get it in february and virus decided to change. it mutated. melissa: it happens every year. >> it does, not with the degree -- sometimes you get 10 to 20% of flu shots do not work because the viruses have changed. this is a lot. this is about 50%. that is why the cdc some cog out saying to everybody, be careful because the flu may not be, the flu vaccine may not work as well as you think. melissa: dr. manny, thanks so much for your wisdom. i appreciate it. >> bye-bye. melissa: swallowed up by the earth. extreme rain in california causing huge sinkholes in san francisco. plus nasa trying to get a head start on the bold mission to the red planet. if they can make it through the wind and rain at cape canaveral first. do you ever have too much space science? ♪ she's still the one for you.
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cock. melissa: sadly no-go for nasa, scrubbing launch orion spacecraft, much to disappointment of all those mars fanatics. unmanned vessel supposed to take off from cape canaveral this morning. would launch 3600 niles into the sky. 15 times international space station. road boat, broken fuel valves, the test fight missed fuel for takeoff. nasa tentatively i tested launch for tomorrow. 21 day strip to mars by 2021. not that far away. only get pesky fuel valves to work. jared levy back with rock star lori rothman.
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who is very interested in space and science. >> totally heart brown. optimistic about where the stars did not align for nasa. lockheed martin is staging this. would have cost it if the launch was successful. 370 doll million. add to that. drones following it. navy, airplanes, all kinds of other apparatus, to measure make sure humans will be safe landing on asteroid, landing on mars. looking at 22,000 mile-per-hour reentry. looking at temperatures up to 4,000 degrees fahrenheit. melissa: lori is a space afficionado. how do you feel about this? is this case where nasa is versus spacex? >> no, whole different ballgame. great statistic, lori. lockheed martin, this is big thing for lockheed martin.
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remember a joint venture, they developed the actual craft. it's a big step in the aviation. it is a good thing that they don't launch and find troubles while they're on the ground. i do see launch tomorrow. weather does look good. it will cost money. this is start of a major program that will be successful. >> folks see us spending money. they wonder if it is worth it with all things on the ground. lori, what is your take? >> 100%. melissa: why? >> this is the future. people are -- melissa: go to mars? >> we need to expand. we talk about climate change and all this stuff and population exploration, explosion. melissa: go to mars, because people believe in climate change? >> okay. that is a stretch. where do we go from here? everyone thought that 1969 landing on the moon was just ridiculous. landing on an asteroid. as space research we have to push forward and keep our eye on it. melissa: weil keep an eye on it. thank you, guys. money is flying around the world today starting in china where
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best buy is shutting all the stores. finally selling all 180 outlets after struggling for years. best buy is shrinking all the international operations but remains committed to stores in mexico and canada. over to italy, which is hit with one of the biggest ever, mafia scandals. that is saying a lot. 37 mobsters were arrested on charges of extortion and money laundering. gangsters work with corrupt politicians, and one-eyed terrorists. a one eyed had terrorist? exploit migrants and, why is it important that the terrorist has one eye i wonder? doritos has crusty crunch pizza from pizza hut. the whole studio said yum. the hut said it spent months and months developing the recipe. i believe that. it has hundreds of crunched up chips and shredded cheese. they gave us the hot dog crust. i don't know about that.
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and cheeseburger crust. that looks good. >> hit them with your before the strike. protesters flooding the street in the fight for higher minimum wage. plus, he looks good in his shirt. a new clothing line taking inspiration from larry ellison and hawaiian islands he owns. "piles of money" coming up. ♪ ...the getaway vehicle! for all the confidence you need. td ameritrade. you got this. hard it can be...how ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema.
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>> restaurants are offering great opportunities already. unfortunately, the jobs are being hijacked. every time we are seeing one of these, it is really hurting the people who say they want to help. we have seen unemployment reach record highs. we are concerned. restaurant careers are awesome careers. skills that you can use for a lifetime. >> they are talking about raising it to $13 an hour from $8 or something. it is a relatively tight market. what do you think? >> that is right. it is not a case of can they afford it. there was a story about a 28-year-old single mom that needs that job.
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what happens to the person who retired a few years ago living on social security? they are coming back into the job market. we need to give that up mom skills. melissa: airline employees are also taking part in today's protest. it is spreading. >> we have seen this. it would be nice if you could command of businesses to ignore the plight and demand. politicians try to command businesses to have certain wages, to do certain things. we really bought that. eventually, we are talking about three or four steps down the lines. >> i am going to more and more
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places that are automating. is this something you are considering? >> absolutely. it is still a hospitality business. it is about the people part of the equation. we are not conspiracy theorists, we think they may be working for washington think thanks. melissa: one restaurant taking a new response. now adding a second tip line to their checks. throwing a couple bucks to the kitchen staff. he made the move after losing to coax to restaurants with higher hourly wages. he said i cannot afford that. i will directly ask my customers to pay the people that are on the food line because i will not
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pay them more and i am losing them. we used to pool tips and we stopped doing that when we realized the dead weight were doing the same as people working their butts off. i worked in kitchens. i worked in the front and the back. deirdre: either way, the customer is going to pay. we have to pay a higher wage one way or another. >> that is right. all that diners can do is divide that ship up. it will not take any more money out of the pocket. let's go to nicole petallides on the floor of the new york stock
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exchange. nicole: we pulled back off the highs of the day. we are keeping a keen eye on dollar general. hitting a new high despite the fact that the numbers had to bring in their forecast, narrow their forecast for the year ending in january. pulling that in a little bit. that is why it is okay to follow these conference calls. they plan on selling more stocks. they continue to gain market share. continue to take over with family dollar. back to you. melissa: nicole, thank you very much. a sinkhole in san francisco. a crater around 30 feet wide. wow. this bizarre ad. the ad featured a slogan telling
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folks to "drink what she's wearing". the group of leading scientists have warned that asteroids could soon collide with earth. humanity is living on borrowed time and government should do more about it. the latest threat from isis. claiming to have developed a dirty bomb. how much damage could it cost? the name of the new bond movie. wondering what double 07 has up its sleeves. at the end of the day, it is all about money. ♪ how much money do you think you'll need when you retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to like, pull it a little further
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melissa: tragic news out of the middle east. al qaeda releasing a video to kill luke somers. is al qaeda trying to compete with isis? a former state department official. lieutenant colonel is a fox news analyst. what do you make of this? >> i do not think al qaeda will try to outdo isis. a general approach is to get money for them. al qaeda current leader has specifically told the people not to do the kinds of brutal things that isis is out there doing. clearly, al qaeda would like to be the dominant figure out
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there. melissa: i know in the video they did not specify exactly what they did want, do we have any idea? isis started off just a month or two ago talking about 30 or 50,000 people under a flag. it is a tracking sheet hadith. wanting to draw people to its side. it is appearing to be doing something. melissa: how dangerous is that, colonel? go ahead and join forces with isis. trying to compete and get headlines. how dangerous is it to have the competition going on. al qaeda wants to do something
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to make sure that isis has the upper hand. a lot of these are pledging their allegiance to isis right now. it is true. al qaeda needs to do something. isis is such a monster right now. the brutal attacks, indeed, are growing. melissa: the university purports that there is uranium that witnessing this summer. do you think they have it? do you think they made a dirty bomb? >> it is unclear. i am not an expert. the problem is, you do not actually have to build a successful bomb. you just have to convince people that you did. if you use it, especially on the heels of ebola, they could set
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one off. it could be not dangerous. melissa: gentlemen, thanks to both of you. liz: i do not know if we will see a nether record today. we are watching stocks. columbia sportswear. the company that has been around the 60s. the stock is jumping. 32% year over year. columbia sportswear ceo joining us in a fox business exclusive. they just opened their first brick-and-mortar store in new york city. hoping 28 more and india. we will also be looking at both the economic and stock side of
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the next couple of months. brad mcmillan is joining john riding. he is the economist side of this. both of them will give us the best ideas that are out there right now. we have some great ideas for you. we will see you at the top of the hour. p 12 making and losing money today. anyone with a piece of abercrombie. shares just keep falling today. down more than 3%. mike jeffries getting a kick in the abs. he has around 2 million shares. making some tropical dollars. the son of billionaire larry
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ellison has been so inspired that he made a whole fashion line. so close are set to said to move between work, play and adventure. about $300 million. nice. making an absurd amount of cash off hot wheels. harare. one of their most over-the-top supercars yet. it is called the xxk. the fastest ever road legal car. ferrari will hand pick customers. lucky them. though one time that you can consider yourself lucky for not being on a yacht. a draw bridge collapses over a $20 million cruiser. a real housewife heading to
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melissa: talk about that timing. colliding with a drawbridge. nobody was hurt in this, by the way. a huge hole in the boat. some say it is because the bridge lowered its side to soon. as we said, no one hurt there. teresa is suing her former bankruptcy attorney for $5 billion. we have attorney phil siegel
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with us as well. i will go to the lawyer first on this. she was accused of not disclosing all of her assets of her bankruptcy. now she is saying the attorney filled out all of the forms. unlikely that she has a case. bankruptcy filings are a very simple document. melissa: there are no simple document. >> it says automobiles. it says real property. it says clothing. anybody who is not insane can figure out that there is enough left out. he said you do not have to put everything in. that is her only hope. we cannot comment on their mental welfare at this point.
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there was actually a crisis manager that worked with her and said i will no longer work with you. teresa's problems are her own doing. this woman is always passing along the blame to others. she will not necessarily be making another real housewife episodes anytime soon. >> i that she does. this looks like big money. there is no plans right now that they know of. jail. january 5. fifteen month sentence. melissa: okay. daniel craig is set to return as double 07. a release date set for in late next year. >> this is the 24th james bond movie.
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a multimillion dollar franchise. a little bit of james bond trivia about the bond girls. the oldest is monaco baluchi. very interesting. melissa: what is your legal opinion of james bond? >> if they get one scratch on my car, i will sue them. you cannot handle the truth. a new act that app that could replace a lie detector test. to see if you are really telling the truth. i have nothing to hide. at the end of the day, it is all about "money." ♪ she's still the one for you.
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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 medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long term injury, get medical help right away
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for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any allergic reactions like rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a free 30-tablet trial. ask your doctor about cialis for daily use dad,thank you mom for said this oftprotecting my future.you. thank you for being my hero and my dad. military families are uniquely thankful for many things, the legacy of usaa auto insurance could be one of them. if you're a current or former military member or their family, get an auto insurance quote and see why 92% of our members plan to stay for life. 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,
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when someone's fibbing. >> of course now there is an app for that. douglas kennedy joins us now, lori's back as well. douglas, how does this work? >> this is out of the stevens institute of technology in hoboken, new jersey, and basically they say liars lie in similar ways, and they've created an algorithm that they can run through and tell whether some text is full of lies. so the nigerian businessman that you did not get taken in by, you know, they can tell that that's a lie -- melissa: so it analyzes written word. of it's not like you talk into the app or you hold their ipad up to someone and it buzzes -- >> no, it has to be in writing. melissa: there's a lot of interesting applications for that. if you think about it, there's social media or when people are texting with you, messaging you, telling you there's some person -- >> they're already using it in the insurance industry, and they say -- >> social media for children, especially. this has to be such a fantastic
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tool, really ease parents' concern that their kids are instant messaging with who they believe they are. >> it's really interesting because they say they can four tell whether an e-mail was written by a man or a woman. so you can tell if somebody is -- they say they can tell if somebody's pretending to be a woman and trying to befriend you in some way. melissa: very interesting. this would be great for your husband's e-mails to tell you why he's coming home late, you can see if that's the real answer. i'm loving it already. [laughter] >> vice versa. melissa: that's a good point. >> bad guys flip it to make sure it's not a police officer investigating them? melissa: oh, a great point. it could be used by criminals against undercover officers. >> there's a web site, yahoo! has two ways in there, so stevens institute of technology. melissa: expensive? what does it cost? we'll see when we go online. >> there you go. melissa: thanks to both of you. i'm going to check the transcript afterwards to see if either of you were lying.
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[laughter] i hope you're making money today. right now the market is down 20, no one better to take you through the last hour than liz claman. liz: we may see a reversal, that's why you have to watch every single second of this. right now, yes, melissa's correct, the u.s. market can't quite make it to even in the green. for a second there, for a while the nasdaq was looking slightly better but this, of course, follows so many record closes. kind of easy to lose count. fortunately, we haven't lost count for you. thirty-three record closes for the dow, 48 for the s&p. could we see more today? any gains, we're at records. despite all those records, can you guess which of these major international markets on your screen is top dog so far this year? india, china, japan or ours, the u.s.? and should you be investing in this super hot market? but where? we have all the answers for you in just a moment when we hit the floor show. and one of the most successful makers
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