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tv   MONEY With Melissa Francis  FOX Business  January 19, 2015 2:00pm-3:01pm EST

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conceptual -- deirdre: we are so glad you came. we want you to come back. thank you so much. thank you for joining us on "risk and reward." melissa prann sis is here -- francis is here. money starts now. melissa: it sure does. thank you so much. president obama's pitch for billionaires -- for billions of tax increases i'm going to get it right, i swear, on the nation's highest earnings already coming under fire. and this year a golden globe, next year an oscar? watch out, movie studios amazon is going hollywood. fresh off his somewhat awkward apology tour in paris, secretary of state john kerry and his scarf of assuring the new england patriots they've got a friend too. and a case of the mondays taken to a whole new level. why today is the saddest day of the year. did you call in sick? even when they say it's not, it's always about "money." ♪ ♪
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melissa: take from the rich, give to everyone else. president obama will up veil a robin hood-style tax plan in his state of the union address tomorrow. the proposal calls for a $320 billion tax increase on the wealthy. let's bring in today's panel. matt mat welch is editor-in-chief of reason magazine along with carrie sheffield from "forbes" and the president of advantage payroll services. thanks to all of you for joining us. mat what do you think? >> let's just tax the rich and give people free stuff in quotation marks free. the thing that strikes me beside the fact that it's not going to pass, almost none of this stuff is going to go anywhere, is that he actually thinks we need to make community college free by taxing our college savings plan. melissa: yeah. >> which is just gonna go nowhere for those of us who are not in the 1% and who have who take our college savings plans pretty seriously. melissa: it is amazing because
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when you drill down on the details that are available at point,s that is one that really makes you scratch your head. you're going to go ahead and tax savings for college to pay for other free college? i mean -- >> shell game at its finest. mat's absolutely right, this is dead in the water, dead on arrival. i think he's setting the stage for 2016 to say this is our talking point, this is what the campaign will be about. there is one point, they want to increase the earned tax credit for childless earners. and i think it actually makes sense. that's one, i think, bright spot in all this. melissa: yeah. what does it mean for the market, the economy? so what, the rich, who cares? >> giving it to those who are struggling hasn't been a recipe for success in europe, it's not going to be a recipe for success here in america. $310 billion over ten years? both of you are right on the money. this is a nonstarter, it's not going to happen. it won't happen in a
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republican-controlled congress. melissa: the threat of home grown terror americans have to assume there is some sleeper cells within the just. u.s. >> you're seeing what's happening in europe, and you're seeing how widespread that is, you know from france to belgium to germany. i think you have to assume that that is certainly a risk that we do have to consider. melissa: carrie, this was the theme all over sunday television. it seems like it is the prevailing thought out there. >> right. and yet we had a president who said it was the jv team that was going across, you know, isis. and we do see, you know in syria isis is commanding and expanding its control despite our air attacks over there. so it's depressing, and we do have to assume that terror cells are operating here in the u.s. melissa: yeah. mat? >> the one thing we have advantage of over europe is we assimilate immigrants a lot better and allow for free speech. france has cracked down in the wake of the "charlie hebdo" massacre.
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people reveal themselves to be talking about this so we are going to be attacked at some point probably, there's going to be sleeper cells probably. i have more faith in the way we approach this than europe does. >> and apparently, we have a very short memory. in 2010 there was almost a bomb detonated three blocks from here in times square and i can't imagine it's not going to happen again. this is something that the american public needs to take seriously and obama needs to get tough on. he is weak on terrorism, he refuses to call it islamic terrorism, and it's abominable. melissa: governor andrew cuomo calling for a minimum wage hike and proposing two different rates. the plan sets hourly wages at $10.50 and new york, $11.50 for new york city. he says it is too easy the say just get a job. well, he's making it harder to get a job if you raise the minimum wage, then they're going to -- >> fun fact, new york city has a higher unemployment rate than the rest of new york state. melissa: interesting. >> it's weird blue state phenomenon that we're seeing in
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seattle and everywhere else that people are hiking up sales taxes through the ballot box, and we'll have a great experiment as you see that happen in new york and california and not happen in successful southwestern states. melissa: supporters say you can't raise a family on $10 or $11.50. you can't raise a family on $12, $13 an hour. >> right. and it's not families that are earning the minimum wage. listen, i worked in fast food, i'm not condemning people who are in this. but people who work in minimum wage jobs tend to be high schoolers, or they tend to -- melissa: students. >> or students and they tend to not stay in these jobs or very long. they get quickly promoted. the triangulation is interesting here because it's cuomo against de blasio because de blasio was trying to raise the rate for new york by himself and cuomo snacks him down. -- smacks him down. i think it's interesting to watch. melissa: 67% of people who are earning the minimum wage do something else full time. this is what they're doing --
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>> minimum wage is supposed to be a starting wage, not a living wage. they're supposed to move up and progress within an organization. raising the minimum wage like seattle and chicago is not going to help new york city. we have to weigh it against the challenges of small and medium-sized business owners. and if their costs rise so will costs to all consumers in the market. melissa: it also moves the wrong problem. if you have a class that's falling behind we shouldn't be talking about giving them a dollar or two more, why have the good middle class jobs disappeared? >> and also entrepreneurs are the engine they're the ones who are going to be hit by this stuff first. >> and the tax foundation put new york number 49 out of 50 phenomenal's the last, in terms of the -- >> not a great place to start a business. melissa: apple might be running out of style. apple insiders reporting that the tech giant is getting ready to introduce a stylus. [laughter] didn't steve jobs say in 2007 nobody wants a stylus?
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nobody wants a stylus. >> try using a stylus on that computer right there. there's something really good about our fingertips. [laughter] you have kids, i have a daughter she understands how to do. this makes sense to her. melissa: although i do say the reason i don't have an ipad is because i want a keypad to type messages. >> your finger can be pretty fat. my finger is pretty fat for -- melissa: you have fat fingers? [laughter] no way. >> but samsung already has a stylus on their note product, so i think it's interesting that we're talking about something that apple is doing and making it sound like it's a new thing. it's not really a new thing. melissa: no! it's a very old thing. >> exactly. melissa: steve jobs said two years after the ipad came out if you see a stylus, it means they blew it. >> the 1990s called they want their stylus back. melissa: there you go. amazon rolling out the red
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carpet, the company announcing plans the produce and acquire original movies for theatrical release. the studio expects the budget for those films to be between $5-$25 billion. so a small budget -- million. small budge but very interesting. not necessarily to do big blockbuster things, but to then release them online in amazon prime, you know, four weeks later. so it's like an ad. >> i think this is great. i think, you know it's building on their success they're having with their recent television programming. it's going to be great for amazon, it creates more competition in hollywood. doesn't hollywood need more competition? amazon, why not them? melissa: jeff bezos really has no fear. he's always the guy to go in and turn the industry upside down. i remember interviewing him years ago, and he said we're going to all be reading books off a tablet. you're not going to carry a book around anymore and i love -- [laughter] and now like there's a million problems with that.
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now i have an ipad, i don't use his device, so there is problems, but he is an innovator that sees the future. >> and they are the ultimate long-tall company many some ways. they make a lot of money selling way back catalog stuff that no one really cares about or thinks about too much. $5-$25 million is a great sweet spot for independent films documentary films. that's where they're going to make it. melissa: all right. so if you've got a case of the mondays today, you are not alone. today is blue monday, aka the saddest day of the year. now, i thought it might be the day when most people call in sick because that's coming up it's not although this is a very popular one. february 2nd is the day that most people call in sick. sorry, it's the first monday in february. it is also the day after the super bowl, i noticed this year. so if you're thinking about calling in sick on february 2nd, don't do it because it's going to be really obvious. and you're better off coming in and vomiting on someone right? [laughter] you would do that?
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come in and barf? >> cough in your direction. no people don't mention how illness plays a factor in -- melissa: come on. >> for those of us who are from southern california, winters are really terrible. but the other thing they don't mention is tax preparation. melissa: it's true! >> that bums me out. my wife is, she's a -- [inaudible] melissa: weather, debt, time since christmas and time since failing your new year's resolution, he thinks it's tax preparation. >> i think it's a marketing campaign by an airline to get people to go on vacation. >> i think it's seasonal effectiveness disorder, i think we all have it. melissa: thanks, guys. calling all evil geniuses, now you can buy your very own "iron man" suit, but it comes with quite a price tag. plus charlie gasparino has made it to davos, switzerland? is that him?
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♪ ♪ melissa: from the u.s. to every corner or the globe -- of the globe, money is flying around the world. starting in lebanon miss universe contestants from israel and lebanon took a photo with one another in miami, this is despite a war between the two countries. miss lebanon in the center with the dark hair next to some of the rivals. lebanese patriots now want her to give up her crown. the beauty queen insists she had no intention of taking a picture with miss israel she forced her way into the selfie. big controversy there. speaking of selfies, over in australia where iranian soccer players have been warned not to
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take any photos with female fans. the team is there for the asian cup finals. women are banned from attending games in iran but they have flocked to trail to to -- australia. officials back home have told them to stay away from the fans of the opposite sec or risk severe punishment. landing in canada where sears is offering help to former target employees despite its own struggles back in the u.s. target recently closed all its canadian store and sears is now approaching its workers with jobs and deep discounts. so for those of you who believe it's going to take divine intervention to get congress to work together, pope francis will reportly address a joint session of congress on his september trip to the u.s. making him the first pope ever to do so. the pope also considering a trip to the white house during his time in the states. he and president obama met last year at the vatican discussing income inequality and social
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issues. okay then. speaking of social issues, our very own charlie gasparino has made his way all the way to davos, switzerland, for the world economic forum. we wanted to talk to him before he got in trouble, got arrested, got thrown out, think of those things that happen to charlie. charlie, you look freezing, in that last shot you looked like you were bitching and complaining a little. what's going on? >> well, you know, i'm proposing they have this thing in miami beach next year. it is cold, snowy, the cops have guns, so you kind of don't want to get thrown out of any parties this time. but, you know everybody's kind of getting settled in. what can i report? well we think somebody vandalized one of our fox business, you know signs so i'll be on that case tomorrow. i have a feeling it's ron -- [inaudible] dressed up as a swiss guard. that's what i'm hearing from the ground here. on a very serious note, listen this is -- if you're going to
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cover the world economic forum this is a good time to do it. we know there's a lot of stuff going on in the world particularly with the economy global economies are slowing down, you know, the threat of terrorism that you're going to hear spoken about here, and, you know, it's a great, it's, you know, i'm just getting settled in. but this is an important time to cover these important topics which, obviously affect the global markets. so i'm going to be doing some of that. i'm going to try to crash a couple parties where i can get access to some of these decision makers, and we've got a camera. melissa: i know when you travel i mean, was there a protein bar on your pillow? i mean -- >> no, i brought look, i brought my own protein bars, i want you to know that. i do not have thermal underwear on -- melissa: uh-oh. >> i left my gloves -- i'm too much of a new yorker here. i left my gloves upstairs my
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hat upstairs. i do have a fox business sweatshirt here, look at this? melissa: yeah let me see the layers. very nice. >> i'm representing. melissa: i like it. >> what's it like in new york? melissa: it's a little warmer the past couple days, no traffic because everyone's out of town and, you know, i don't know what to, i don't know what else to tell you. is there a delfrisco's there? >> no, you know, there's -- the food isn't as bad as claman said it is. [laughter] i don't know what liz, you know what liz was talking about. melissa: high standards. >> the food's not bad. now, i don't think you should go out and order sushi here, but i i think, you know there's some basic stuff that's pretty good. you know? i'm going to try to eat as much protein as i can and try to break some news. i mean listen here's the thing, they're all -- everybody's here in this town and over the week there'll be more and more there'll be some
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bank ceos, i'm pretty sure jamie dimon, james gorman's coming into town, morgan stanley reports earnings tomorrow it's going to be interesting to see where they go. blank fine's in -- blankfein's in town. i'm going to grab jamie and say, jamie, i know you've addressed the issue of whether goldman raised, lloyd blankfein's firm that you guys are too big and you should jump up -- the sum of the parts is better than the whole. but i want to ask jamie what he thinks does goldman need to grow? goldman seems like the firm that needs to grow to buy something to stay alive and to compete. it's had lousy earnings. it needs a stable base of revenues. does goldman need to buy a wealth manager or an asset manager so it can compete against not just jpmorgan but deutsche bank and these large international players? melissa: okay. all right, charlie, i love it. go offend people, get thrown out of something just really get in
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trouble, and we'll see you in a little bit. we're going to have more from charlie tomorrow and the rest of the week. i can hardly wait. all right a flash freeze paralyzing the nation's roads. icy conditions are leading to hundreds of crashes across the country. plus the countdown is on. we've got a sneak preview of the most anticipated super bowl as -- including emmitt smith proving why he won dancing with the stars. do you ever have too much charlie gasparino? ♪ ♪
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♪ ♪ melissa: a matchup for super bowl 49 is finally set but not without some old-fashioned controversy as the patriots prepare to take on the seahawks. they are going to be the target of an nfl investigation.
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very serious. probing whether they purposefully deflated footballs in the afc championship game and as if they didn't have enough to worry about, embattled secretary of state john kerry in the owner's box wearing this jawptty scarf -- jaunty scarf. between kerry and chris christie nfl playoff games are becoming a catwalk for politicians. here to discuss all of it, steve and bruce. steve, did you like the scarf? do you think he picked that up while he was in france? >> i think it accented his eyes really well. i think it was great. melissa: what do you think bruce? fabulous? >> yes, i loved the scarf. but what i love even more did he pick it up when he was in france, because we know he speaks french, and what it shows is how this is becoming a part of these guys' branding efforts. every single thing they do is now -- melissa: it's not because i know he speaks french, i was making fun of the fact that he just came back from the french
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apology tour after we didn't get out there and lock arms after the whole terrorist debacle, and he went over with james taylor, and he started singing and -- whatever anyway. meanwhile, youtube is going toe otto with katy perry -- toe to toe with katy perry. what do you think of this one, steve? do you think people are going to switch over in the middle? i've got an 8-year-old who's going to do it. >> i really think they are because now you're trying to see competition in terms of all these youtube channels, and i think that advertisers are not really in there with a lot of the brands because, quite frankly, people want to see something new. melissa: yeah. bruce, what do you think? >> i think we're going to find all kinds of outlets. there's also a planned porn bowl on u-porn, and there's all kinds of -- melissa: what? bruce, how do you know about that? >> i'm in marketing, i pay attention to these things. our clients need to know. [laughter] melissa: so you're alerting all kinds of people ant the porn
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goal? >> i'm letting them know there's a lot of options. melissa: okay. steve, you going to be watching that? >> i highly doubt it. i have a couple players playing in the game. melissa: you might actually focus on the game, good for you. laugh-the super bowl is still two weeks away but teasers already trickling in. wx rolling out this video of emmitt smith really owning some line dancing. bruce, what do you think of this marketing? >> i have to admit, i didn't even notice emmitt smith, and i watched that ad a couple times. i think what we're seeing once again is engagement. all these companies are trying to figure out how do we grab these eyeballs? it's what we do on the show, but it's what they're doing across all media. melissa: yeah. >> we're watching it happen. melissa: there isn't a man in the audience right now who heard a word what you just said. >> exactly right. i understand that. melissa: no one heard you. >> and who was that guy in the middle? i didn't -- melissa: i don't know.
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>> i'm working on my moves. i'm trying to learn from emmett. i'm trying. melissa: all right gentlemen thanks to both of you. president obama firing another salvo, but wall street isn't taking it lying down. how they think president's plan could put main street in jeopardy. plus a tram trampoline, a hose and subfreezing temperatures, it sounds like a perfect rest fee pee for an d recipe for an emergency room visit. piles of "money identities coming up -- coming up.
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♪ ♪ melissa: we are still a day away from the president's state of the union are address but we are already seeing a lot of eye rolling out there. a slew of new tax hike proposals on the way, all aimed at the usual suspects, of course. peter barnes is in d.c. with all the details. peter, what do we know so far? >> reporter: hey, melissa. tomorrow night the president will propose $320 billion in tax
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increases over ten years he would raise 210 billion of that by raising the capital gains rate to 28% on families making more than half a million dollars a year and by making inheritances subject to capital gains tax for wealthier heirs. he would raise another $110 billion over a decade with the new financial services fee on banks with assets of more than 50 billion and he would use the proceeds to pay for new, expanded tax cuts for the middle class. for example, for a streamlined child care tax credit of $3,000, and he'd use it to pay for his plan for two years of free community education for students. a senior administration official says the changes are designed to make sure that economic prosperity is showered by the middle class finish is shared by the middle class. the capital gains tax increases would hit mainly the top 1%. in fact, 80% of them would go to the top went-tenth of 1%, this
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official said, folks making more than $2 million a year. republicans criticized this announcement. >> people have said is this dead on arrival, this was dead last november 4th when the american people rejected his agenda. it's a waste of time for him to propose this tomorrow. >> reporter: the president also plans to propose initiatives to make it easier for workers to save in retirement such as mandatory iras through their employers. melissa? melissa: peter, thank you so much. wall street bracing for those tax hikes, a soon-to-be proposed fee could raise more than $100 billion, but the street's top lobbying firm says it would actually hurt the economy. let's go to our panel. salvadore is a political author and a commentator, peter no race city is an economist at the university of maryland, and carrie is back as well. peter, taking the emotion out of it, is the math good? would it generate a lot of revenue? >> well, it would generate as
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much revenue as the president needs for those social programs, in fact a bit more. however, it would be harmful to business start-ups because they depend on those rich people for that angel capital. and the reason they do it is because they can leave assets to their children. remember, the inheritance for those folks is already 40%. and by the way, entrepreneurial activity on the president's watch is way down. young people are not starting businesses. why? these kind ofs of taxes. melissa: yeah. salvatore, does that resonate with you or do you think millennials are not confronted with those details they don't believe in them? >> no, i think he's absolutely right. i mean, let me preface what i'm going to say with some poll numbers here from the recent reason poll. 55% would like to start their own business sometime in their life 54% believe that business profits and taxation on these corporations is at the right amount. so i think this is going to fall
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on deaf ears when it comes to millennials. we're the most entrepreneurial generation since our great grandparents, and i think president obama trying to stifle those who would invest in us -- melissa: but do you think people like yourself realize that the policies that he's putting forward really would stifle entrepreneurs, or do your friends not realize it? what do you think? >> 2008 2012, i don't believe many of us realized it but i think we're all starting to grow up a little more now over these six years of president obama's presidency. and i think now we're starting to see it, and i don't think that this is going to help him at all with millennials and definitely won't help the 2016 democratic candidate. melissa: a new poll from pew shows that for the first time in five years americans think defending the nation against terror is more important than strengthening the economy. 76% of those surveyed ranked security as the top priority. carrie, does this make a difference though in terms of how the next two years roll out? does it really impact policy, this kind of thinking?
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>> well, i think it will be, so the president plans to unroll a cybersecurity initiative that republicans are favorable toward, so i think that will be an applause line. but i think with the rise of isis, with the attacks on sony, there are so many issues that people are concerned about terrorism, and in france as well. i think this has superseded the economy for a lot of people especially as we have seen economic growth here, job creation and that sort of thing. melissa: yeah. okay. regardless of what the president talks about in his address, the sad truth is that americans aren't that interested. nielsen ratings for the state of the union have been steadily dropping over the last few years. there they are. peter, do your students watch the state of the union? >> not much, no. i think what's happened is presidents have used this for grandstanding as opposed to giving an honest assessment and reasonable proposals. this address is designed to kick off hillary clinton's 2016 campaign. essentially, come up with things the republicans will have to say no to, characterize the republicans as uncaring, have
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hillary clinton then come forward on the same themes. do people really want to hear that now, a year from new hampshire? doubtful. melissa: but it's possible that the president has figured that out. afterwards he's giving interviews to three of youtube's biggest stars. one is bethany moda who loves to do things like looking great at the gym. of that's her normal -- she has tons of followers. i'm not throwing any shade on bethany. she's got so many people following her but i don't think she's going to ask the tough questions, is my point. are your friends going to -- we're looking at some of the youtube figures there. are they going to watch that interview afterwards, and are they more likely to do that than watch the state of the union? >> it's a good move by the president, but i don't think, like you said any of these youtube stars are going to ask those questions that millennials really care about, and it's a ploy. they realize they're losing millennials, and this is a ploy
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to try to get them back just like the free community college tuition. unfortunately, i don't think any of this is going to work. they want to see the president focus on terrorism and they want to see him focus on the economy. we are faced with a trillion in outstanding loan debt 30,000 average student loan debt. >> i would correct one thing you said free community college nothing is free. melissa: no, no. >> exactly. [laughter] melissa: thanks guys. all right. back with a bang, spacex now releasing footage of its rocket's return to earth. plus, a blast from the past, how one montana cowboy got a lot more than he bargained for when he went digging in his backyard. at the end of the day, it is all about really cool fossils. ♪ ♪ how could a luminous protein in jellyfish impact life expectancy in the u.s., real estate in hong kong
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visit cuba during a trip over the weekend. and bud light is creating an app that will bring beer to your sofa within an hour. the bud light button can do express deliveries in 12 and 24-packs. it is currently being tested throughout washington, d.c., because that place on the corner is just too far. that's the latest from the fox business network, giving you the power to prosper. got a big bump in miles. so this is a great opportunity for an upgrade. sound good? great. because you're not you you're a whole airline... and it's not a ticket you're upgrading it's your entire operations, from domestic to international... which means you need help from a whole team of advisors. from workforce strategies to tech solutions and a thousand other things. so you call pwc. the right people to get the extraordinary done. ♪ ♪
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♪ ♪ melissa: our very own jamie
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colby may look like she's just digging through dry soil but this hotbed for prehistoric search turned up a lot more. >> then the leg below that, i started seeing leg going into the bank. man -- whoo! [laughter] that's what i -- man, there's a second dinosaur here. melissa: the clip is from an upcoming episode of a new series on fox business called strange inheritance. i've already seen it. it details the real-life stories of unconventional inheritances. lis wiehl is here, and dominic from tell la, i love the one. lis, can you imagine? so he inherited a thousand acres of land when his father passed away. >> right. melissa: he thinks i can't even happening onto this, it's too expensive, what am i going to do this with they started digging
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and found something i've never heard of. [laughter] >> well, the great thing is that whatever you find on your property legally is yours. melissa: okay. >> you have to, you know tell the irs what you found. if you sell it or whatever, the value, but it's, you know, it's his land, he can -- he found it it's his. he found a pot of gold said -- what did you call it? melissa: i don't know. the, t-rex. even if it is prehistoric bones, fossils, i would feel like the government's going to seize it and say -- no, nothing there? >> i don't think so. if you want to sell it, you want to donate it, that's different. otherwise it's yours. melissa: dominic, what do you think? >> i think president obama will have something in his speech tomorrow night about how it's not really your -- melissa: he's going to tax it. you're joking, but he did inherit this land and i wonder -- >> there would be an inheritance tax on this because now it's more valuable for what he found there, so absolutely, he's going to get taxed on it.
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melissa: what if he already paid the tax on the land before he knew how valuable it was? can they come back later? >> yes. if he tries to sell it or something like that, then sure it's got more value on that land, therefore, the taxes go up. taxes always go up. melissa: that cowboy may not feel so lucky once he hears about this dog's inheritance. he's set to inherit his owner's $1 million fortune when she passes away. the 64-year-old woman already spends $100,000 a year on the dog. that includes designer outfits, weekly haircuts, manicures filet mignon dinners. bruce, are you going to cozy up to this dog and try and get in goods? how old is the dog? is it going to last that much longer than the owner? >> i don't think so. i'd like to cozy up to the parents and see if i can get on the grave i have train. you know what's -- gravy train. we'll have new economic
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categories. we have white collar, blue collar, clearly now we have to have dog collar -- melissa: oh! [laughter] >> sorry i couldn't resist. melissa: she also makes the point in the article that the dog doesn't just get pampered, it does good things as well it volunteers at the ronald mcdonald house. so it's not really that privileged. >> look, i want to be dog. let me tell you a legal point on this. in all 50 states you cannot leave money to a pet. melissa: what? >> you have to leave money to a person to take care of your pet. so let me line up first to be that person. melissa: to be the representative of the dog? also getting jewelry and a nice home in florida. are you jealous? >> well we actually have a client like this. it's a cat in all full disclosure, and left the money inside a trust. you're absolutely correct, for the benefit of this cat. we do what the client wants us to do. it's not for me to argue. at the end of the day, there's
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an affection that the individual has with the animal -- melissa: not even the world's richest animal gunther the dog who was once left $145 million. there's even a chicken that got $10 million. >> this dog's not even that rich. didn't leona helmsly -- melissa: that was like, $1.6 million. anyway guys, thank you so much. catch the premiere of `strange inheritance" next monday at 9 p.m. eastern right here on fox business. and before we go anywhere a couple videos i just had to show you. this adrenaline junkie getting a little inspiration from the movie "up" by attaching 90 helium balloons to his jet chair. he flies up to a dizzying height of 8,000 feet. louis bruce, did you see this one? >> i was absolutely amazed by it. tom wolf said the truth is stranger than fiction because fiction has to make sense, but
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here the truth doesn't make sense. melissa: right! >> i would love to do that. i'm hoping he calls me to go on the next one. melissa: it looks amazing. a min yap disprincipal -- minneapolis principal covering his trampoline with two solid coat of ice, and then he jumps backwards, sending saturdays everywhere. -- shardses everywhere. >> 4.5 million hits. >> look, obviously, he could hurt himself, but four million plus views colorado they've legalized marijuana -- >> maybe he was on the marijuana when he -- melissa: now now let's not disparage this person and get in trouble. [laughter] we appreciate it. from getting snubbed to smashing records, "american sniper" rakes in more money than any film before it. the cash doesn't stop there. and, no, he's not shooting a
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horror movie but jeff flock is wandering around a terrifying abandoned mall. the latest sign we're saying bye-bye to buildings. you can never have too much "money." ♪ ♪
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this holiday season alone. our very own jeff flock is outside a shutdown mall in illinois. jeff, what does it look like there? >> reporter: it's -- want to see something creepy actually? take a look inside what used to be a jcpenney store that's been abandoned here now. this is sort of the latest of ruination porn. deadmalls.com. this is the dixie square mall i think we have a picture of, and there are malls like this all over the country. if you look on that web site, you can find them pretty much everywhere. the problem, of course is sale, traffic. after some postrecession growth in mall sales after, you know 2008-2009, actually mall sales have pretty much flattened out. part of the problem is big anchor stores kind of going away like this one here that used to be a jcpenney, now a big old for sale sign on it. over the course of the past five
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years, you lost three-quarters of your dollars. as you know the retails have done pretty well. a high-end mall was just developed in chicago. it seems melissa, the focus is on more high end, and the malls like this that we kind of grew up -- i don't know if you did but i did -- ones that were built back in the '70s these are just fading from view. melissa: no, absolutely. i spent a lot of time at the north ridge mall growing up in southern california. and nobody goes to the mall anymore. >> reporter: you still there? melissa: i don't know. i haven't -- >> reporter: we'll check it back. melissa: somebody's going the tweet me and tell me now. ever dream of being terror? this new -- tron? this new device is getting you one step closer. at the end of the day, it's all about "money." ♪ ♪
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melissa: dramatic video of the moment elon musk's rocket crashes. look at that. into a floating sea platform. the falcon 9 was on its way back to delivering goods to the international space station. tried to stick to the historic landing. came in at the wrong angle. look at that. still hit the target. elon musk described the crash landing as close but no cigar. now we see why. all right. musk isn't letting a little botched landing slow his momentum. he'll bring the internet to space. he wants to launch thousands of satellites hundreds of miles above the earth to one day connect people on mars to the web. in the meantime, it would also bring the internet to 3 billion people on the earth that don't have access. bruce, i can see it. my 8-year-old says i won't go to mars unless they have wi-fi and it's a good speed.
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>> come on. i don't think elon musk is worried about your 8-year-old going to mars later. he's worried about reaching all these other people that can pay with earth dollars now. so saying we'll do it for mars, that gets him on tv. he's as hungry for pr as anyone else and he found a great gimmick. we fell for it. melissa: i love it. he's a marketing genius. >> he's a marketing genius. but he's a money-making genius. whether trying to land it on his platform, save money, increase profits or this internet thing he wants to do. he's about making money. he moves technology forward, cutting edge. benefits all of us. terrific, i love it. melissa: amazing. so a smile to die for. you can finally own your very own ironman suit. a company is selling a full on robotic suit on
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amazon. they can fire a bb gun by smiling. the bad news, you have to assemble it yourself. and it's only available in japan. i don't know. it looks like the sam samuri. bruce, are you getting one of these things? >> it's more elon musk. ironman the show was modeled after him. let's face it, if you can afford the suit, you can afford to bring it from japan. i'm wondering where my jet pack is all these years. now i know where my ironman suit is. melissa: you can probably afford to hire someone to do it. >> look, i can't figure out how to work the remote with the vcr and the internet at the same time. i have zero chance of making this thing function. i'm out. melissa: if you push buy it now on ebay. if you put it in your cart, you think this thing comes? can you charge a million
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bucks on your credit card? i don't think so. >> i'd put it on paypal. if you can't figure out how the remote works black tape over the 12. it takes care of everything. melissa: "countdown" starts right now. >> melissa, thank you very much. us markets are closed today. if you're an investor you need to be paying attention. a lot went on this morning. record oil that's the contract that traced overseas continuing to fly. jpmorgan lowered outlooks for the commodities. suggesting a recovery from energy prices is far off. where is the money that consumers are saving on gasoline going? they don't seem to be shopping. we have to find out why people aren't shopping. who will be the retail winners and losers this year? football fans are in a frenzy after last night's dramatic

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