super tough passwords, melissa francis. melissa: you had my password on there, so embarrassed. it is really embarrassing. tonight is the night president obama bringing his state of the union address but many are expecting another laundry list of empty promises. plus the high price of freedom. isis takes revenge on japan. now they want 200 million bucks as payback. here we go again, more calls from d.c. to raise the gas tax. let's remind ourselves where those dollars are really going. i'm still all over this one because even when they say it's not, it is always about your money. melissa: tonight, president obama faces the nation but it could be a prelude to more empty promises the concerner stone of this speech is a massive tax hike that republicans in both houses of congress say they will vote down so why even push a tax

plan that has no chance of passing? listen white house press secretary josh earnest answered that very question. >> this is an opportunity for the of the united states at the state of the union address before the country on live television, before the congress to lay out his ideas and his vision for how we can move the country forward. if republicans have a different vision, if there are some areas they disagree they're welcome to say so. if they think it is more important to protect a loophole for people with trust funds they can certainly make that case. melissa: i'm joined by david asman, fox business, and scott brown, former massachusetts senator, fox news contributor. monica crowley with us as well fox news contributor. senator, start with you. feels like a trap. they try to pass the taxes get republicans to vote against it and those folks fighting for 1%. americans are sick of trickery. >> hold on to your wallets, folks. melissa: yeah. >> bottom line it's a money grab. washington has plenty of our money whether they want more a gas tax increase.

whether what the president is proposing. he has rare opportunity to unite this country right now. rare opportunity to work with republicans in charge of both chambers. what i have said and i hope mitch mcconnell does, take all the bills on harry reid's desk and put them on the president's desk. let him veto things. let the american people who whose's side he is on. the republicans not equal but a very close second bully pulpit to get their messaging out. melissa: monica, he is making this about money and how the rich are hoarding their money. i will take it from them. i will give it to everybody else. >> why this is big mystery to people six years into this presidency blows my mind. there are two things going on. first, you're right trying to demonize republicans make them back into the party of no. the senator is right he will veto so many things he wants to counter narrative that he and democrats are party of no. there is something bigger going on here. he is proposing $300 billion new

taxes and 7% increase in discretionary spending. after two years ago he propose ad flourish of freeze on discretionary spending. he didn't mean it. he is committed leftist ideologue and no intention working with the other side and he won't start now. >> remember empty promises. he came in as a unifier. the phony storyline he wants to compromise and obstructionists, in congress, republicans, has been shattered. tonight it will be shatter everyday like it never has been before. we know the president isn't interested in compromise and we will see that tonight but is he trying to poison the well between moderate democrats that might bo along with republican majority and presidential veto? i think he is purposely trying to be as far to the left that he can, when bills come to the desk

to veto he is less likely to find a veto-proof bill to come to his desk. that is the strategy i believe. melissa: stay with fox business for live coverage of the state of the union with our very own neil cavuto, who better, starting at 8:00 p.m. eastern. americans give president obama poor marks for foreign policy a recent "fox news poll" revealed only 34% of his performance. meanwhile isis threatens to kill hostages from yet another country. a new video demands that japan pay $200 million within 72 hours to save the lives of these two men. this is terrifying. it is a problem, monica, that feels out of control. >> that is why you're seeing the president's poll numbers slip. handling of national security and foreign policy was one of the brighter areas when it came to polling on the president. now he has fallen. american people are very smart. they have eyes. they see what is happening in the world. they see rise of islamist threat from al qaeda to isis. saw beheads of american citizens

at hands of isis. they saw what happened to a great western capital paris a week 1/2 ago. they understand this president does not have coherent strategy. >> hold on a second, i think you're wrong, monica. he does have a strategy doing things easy way. killing people with drones is easy. having special forces go in with easy. rallying the nation to fight an islamic radical threat is very difficult. the sort of stuff that real statesmen have had to do in the past. he doesn't have the guts so do that. he wants to do it the easy way. that is not enough. we know with the rise of radical islam, that is not enough. wants to do anything easy way. >> both great points. the allies don't trust us. our foes don't fear or respect us. the fact he drew a red line. melissa: in syria. >> should reference syria he did nothing. that set the tone not only with putin and set the tone with isis and sets a tone in each and every country. there is a lack of respect. doesn't show up to paris. he is not in the forefront leading the greatette count --

greatest country in the world leading. >> we know the lessons in history, when united states is weak in real terms or perceived weak. >> the void filled by bad guys correct. melissa: oil taking a sharp dive on concerns of slowing global demand. the drop is worsening fears of a recession in texas where governor rick perry is hanging up his hat after a record tenure there. it is interesting time for him to go out because he has seen oil prices go you there roof seen benefit of that in his state. seeing employment go up. now the tide really turned on oil. senator, what do you think? >> i think the state of texas and every oil-producing country and business need to tighten their belts do streamlining consolidating right now they have the opportunity. if you think it will stay like this forever it is not. you referenced last week in i thought was very thorough analysis where we're potentially going but the first time in since i've been an adult it seems that gas prices are

actually below potentially $2 a gallon. people are putting 30, $40 a day sometimes in their pockets. what is the federal government want to do? led by republicans i'm afraid to say they want to raise taxes. enough already. you referenced also that money is not going -- >> it is appalling. >> rick perry is one of those guys can't catch a break when he runs for president. the he looked terrible in the debates. what is wrong with rick perry? he should be a great candidate. >> some born under a great star unlike rec perry. he can make a great case in eight years he was governor texas had a economic success story. it is so linked to the price of oil and natural gas, he will have a hard time maneuvering the end of his tenure when prices have gone down. melissa: speaking of money facebook making hard to stomach claims about impact it has on global economy. it says it was responsible for

$200 billion of growth and. they have 8,000 employees. i'm a numbers cruncher. all this productivity and we create this economic activity and keeps other companies in business and we've grown the economy and trying to make the case for the fact that they're this enormous company with all this revenue because they have only 8,000 employees and lots of computers. >> they hired deloitte to produce the study. you get what you paid for. they paid a lot of report. they said it was independent report. they paid for report. of course they said they were important. melissa: that is ridiculous. >> more scrutiny as day goes on the claims. melissa: people drilled down on the numbers. there is no question they contribute a lot. >> done a lot of great things. technology lifts the nation. but still pretty laughable when you do something like this. well to new york where another proposed minimum wage hike could cost jobs for one business owner. plus stuck in the middle. the president prepared to win

back americans during tonight's state of the union. are you better off? more "money" coming up. ♪ sheila! you see this ball control? you see this right? it's 80% confidence and 64% knee brace. that's more... shh... i know that's more than 100%. but that's what winners give. now bicycle kick your old 401(k) into an ira. i know, i know. listen, just get td ameritrade's rollover consultants on the horn. they'll guide you through the whole process. it's simple. even she could do it. whatever, janet. for all the confidence you need. td ameritrade. you got this.

melissa: the dow you laking back -- clawing back after wild ride. down 170 points early in the session. oil plunge weighing down on stocks, down more than 4%. let's go to nicole petallides on the floor of the new york stock exchange. what is driving the trade today nicole? >> we got used to back and forth action and big swings on wall street. after losing 540 points last three weeks. you have another 60 points. you're down 600 points the last three weeks. a lot in part is looking at oil. oil is down $2.35 a barrel. you have the imf cutting its global growth forecast japan, china, eurozone and latin america and the u.s. is the glimpse of hope. you have mixed bag with earnings

and such such as johnson & johnson. concerns going forward a strong dollar affecting them. morgan stanley which missed its numbers. i shouldn't leave out danbury resources. some energy stocks are lower. that is big laggard for the s&p 500. we have winners cheesecake factory is new high. one is delta or american express. you're seeing the market under pressure. back to you. melissa: nicole, thank you very much. president obama is pulling out all stops to win bag the middle class starting with a shiny new proposal tonight. the state union plea will probably not be enough to erase six years of damage. since president obama took office, the average family for middle 20% fell almost $5,000 a year. their average net worth dropped more than $60,000. former senator scott brown and mary ann mash democratic strategist and brad blakeman, former advisor to president george w. bush. putting the numbers in

percentage terms because it is easier to wrap your brain around they lost 11% of their earnings power, 28% of their net worth. no wonder americans especially in the middle feel worse since the president has been in office. brad how does he counter that. >> i don't know how the president can counter that with the proposals being offered in the state of the union. this is the robin hood theory of economics, take from the rich, give to the poor. the problem is, there isn't enough rich. by the way top 10% earners of america pay for everybody else as it is. the obligation for the president is to make jobs available. this is not a jobs speech. this is tax-and-spend speech. something we've heard from democrats in the past. just as the economy is getting good the president will put a stop to it. melissa: mary anne there is a real problem out there for americans. when asked in a recent "fox news poll," do you feel like the recession is over, only 31% of respondents said they feel like the recession is over. 64% said they feel like we're still in a recession. we aren't, news flash.

it is two quarters of economic contraction. that hasn't happened but americans feel like we are because they're worse off than when the president took office. how does he deal with that? >> well he is going to address it tonight. the way to address it the fact the middle class haven't felt all benefits wall street and big banks and businesses. melissa: who is fault with that? he is the one in charge. >> spent the last six years cleaning up after president bush and recession he left. now we're in the position to finally help the middle class. that is why he asking for a tax cut. republicans are always happy to do tax cuts and tax breaks for wall street, big banks big business and millionaires and millionaires, when it comes to the middle class they're not. he makes sure they get ben its f they paid for this recovery. they deserve the benefit too. melissa: senator mary anne summarized argument for last six years. do you think it gets traction now? >> that is from the democratic playbook. absolutely not. the president has been in charge, the person dealing with issues joe biden

mitch mcconnell. dealing with tax extenders. allowing taxes to stay low for everybody. melissa: you say that from personal experience. >> of course. the vice president and mitch mcconnell in action working very hard. right now merry anne in masses you can check a box to send more money to the state government. did you do that? of course not. neither does anybody else. you can send checks right now, folks to the federal government and they will spend it for you. melissa: brad how do we solve this problem? >> way you solve it is, velocity of money theory. when money is changing hands between the private sector that gins of economy. by the way, when people make more, they pay more in taxes. not us sending government to the government for the government to spend money we don't have. very simple, create jobs mr. president. don't create burdens on class already burrenned enough. melissa: i want mary ann to get the last word, there are two competing theories, we grow the pie in order to make slices bigger for everyone and those who don't i boot argument say it

is about redistributing wealth from those hoarding it to those who don't have it. am i summarizing it correctly mary ann? >> there are two important facts here. the president helped create 245,000 new jobs every month for the better part of this past year. he finally turning corner on recession, number one. number two, you read in the last 24 hours, 50% of the world's wealth is controlled by 1% of the population. so there is a structural problem here. that is what these tax cuts and tax breaks are going to do, make sure that the middle class gets their fair share and fair footing. melissa: we'll leave it there. things to all three of you, appreciate it. the president announcing additional taxes on inheritance tonight. we promise you fox business's brand new show won't cost you a penny more. strange inheritance. it is fantastic. i saw a bunch of episodes. it appears on monday. don't tell anyone, 9:00 p.m. eastern. want to check it all out starting on monday.

neil cavuto anchors our coverage of state of the union before all that happens. tonight he has very special guests lined up including senator ted cruz. that kicks off at 8:00 p.m. eastern. pop your popcorn now. spacex starting the week on a rocky note but now google giving elon musk one billion reasons to smile. plus a live report from our very own swiss miss, charlie gasparino joins us next. to explain that picture right there, from davos. a run for your money down the slopes up next. ♪

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blackouts have been ordered to avoid a complete power outage? the electrical system is overwhelmed because of record heat and dryness. demand from air-conditioning units has been so high that one of brazil's nuclear reactors was forced to shut down. officials are also warning of a possible water shortage. yikes. over to north korea which is trying to lure westerners to a city marathon. over 500 tourists are expected to run at this year's event. every person that finishes will get a one-of-a-kind certificate. isn't that nifty? part of celebration for kim jong-un's grandfather whose birthday would have been april 18th. speaking of birthdays, a kid was invoiced for not attending one of his little buddy's birthday parties. the 5-year-old decided to skip the friend's party and received a bill for $24. the kid's father has been

threatened to court if he refuses to pavement i wonder if the parent realizes no one will come to that kid's birthday party next year? just saying. melissa: charlie gasparino is making the round at the world economic forum in davos, switzerland a and believe he or not he made a couple of new friends. he joins us with a explanation. i have seen a lot of photos. most of them with you and attractive women. is this what you are sent over to do? >> yes. melissa: oh. >> bill shine runs fox business wants something different on fox business. i want to bring the beautiful culture of beautiful foreign woman. i am looking to speak rugs shun now. do you know where they are in davos? is there a hotel here? melissa: no, i'm at a loss for that one. what else have you seen? what is the gossip happening? who has been seen in bars? who in trouble? have you been thrown out of anywhere?

give me the dirt. >> it's a funny i just came back from a reception here and you know i ran into al gore who looked at me and looked at my fox logo and ran in the opposite direction, no kidding. melissa: no. >> larry fink from blackrock was here. looked at me. he knows me. melissa: you twice are buddies. >> and he walked away. yes. melissa: not anymore. >> i wrote a couple of things he is not too crazy about. i call them as i see them fair and balanced. melissa, you brought up earlier that the president's giving a state of the union address. he is going to be talking about for more government to address certain issues in the united states. talking about tax increases, inheritance tax and other measures. i would tell you this i betcha people here, including sort of corporate bureaucrats like larry fink and blackrock and obviously al gore, president obama with these policies would get a better reception from people here at the world economic forum then he will with congress. congress is now dominated by republicans, people who want

free market solutions to, to country's problems. this place i will tell you this i kind of always knew this but it is more apparent when you're here, this is statist central planning, central so to speak. these guys believe in the power of government. these are big european leaders. it is almost that they're living in a bubble. they're not recognizing that these policies have led to a lot of issues in europe right now, very much underreported huge debts. very slow growth. melissa: charlie, can i ask you have you seen former colleagues from the place across the river whose name i can't remember and greeted you warmly and embraced you and told you how much they love you? >> as a matter of fact, i did today. i saw, by the way he is friend of mine, joe kernen. i ran into a coffee house. melissa: don't know who that is okay. >> joe and i spoke a little bit. i heard ron insana is here dressed as a swiss guard. he is going undercover.

melissa: okay. >> i broke that yesterday. melissa: that makes sense. >> he is still running around and has a moustache now. so he looks a little bit swiss. melissa: yeah. >> i believe it or not i haven't seen anybody around here. i heard there was some vandalism. somebody tore down a couple of fox business signs. melissa: come on. >> we'll report that out. i will say this though, the conference should change a little later in the week when the americans get here and yanks come. james gorman from morgan stanley will be here. tomorrow he gets here and morgan stanley reported earnings today. jamie dimon pro jpmorgan chase will be here thursday. and i hope, i just hope that they basically step up to the plate and kind of lead this in a different direction. this is very statist, european stuff. it is supposed to be for the world. they talk a lot about poor and hunger. they don't about what capitalism has done traditionally to address those in a very good way. melissa: charlie gasparino when you come back tomorrow i want a juicy piece of gossip that i can't get anywhere else.

>> i will try to get it. melissa: something delicious we could possibly get in trouble for saying. this is what i want on this show tomorrow. >> i gave you, i gave you swiss miss. what else do you want? melissa: i am just saying. >> i gave you swiss miss. melissa: miss you. >> i gave you swiss miss. melissa: have a dripping for me. isis demanding $200 million to save the lives of two hose damages but will japan pay up? they say one is the loneliest number but now pluto may have two neighbors. more money and a few extra planets coming up. ♪

melissa: concerns that global demand is slowing down. down more than 5% on the session

thank you so much for joining us. >> oil continues to trade slow way. though oil is down because the dollar is strengthening. that is what they say. i do not believe this to be a dollar play. i believe this to be a global picture. once again how will it affect some of the banks? we have not released him that we start to blow up yet. i firmly believe you will see some banks in some big trouble. melissa: thank you very much.

always appreciate your analysis. it is the same amount that japan's prime minister pledged in humanitarian aid for the region. monocoque crowley is back with us as well. what is the best move? i think the fact that they take and get exactly what they want.

by doing what they are doing, it is an incredible recruitment effort. >> as far as japan is concerned, i am sure that there is. i do not think that there is any way that they will ever dished out 200 million in order to get these individuals back. having a founder next to me that is a hostage negotiator negotiating a place for the

negotiating. it is really all or nothing. they will kill whoever they take hostage. >> they are incredibly wealthy for a terrorist group. they were driven totally by their ideology. melissa: is that true? >> i think so. >> the amount of recruitment that they got -- they have taken the video that al qaeda wants used to the next level.

having had ships taken over by pirates. they have insurance for it. it is a business. this is not the same thing. an ideology that is on the move. it has shown us over the past several thousand years history has already taught us what they are going to do. right now, they are concentrating on a region. a 100 year anniversary for that right now. melissa: stories on our radar right now. american officials will urge cuba to lift travel restrictions on u.s. diplomats.

baby boomers are about to feel outnumbered. new research has found that millennial's will overtake as the largest generation in a year. a deadly collapse. an old bridge crumbles onto a highway. look at that. billions of dollars. not going to repair the country's roads and bridges. at the end of the day it is all about your tax dollars. ♪. you're upgrading

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daily use and a free 30-tablet trial. ♪ melissa: google wants to invest a billion dollars in spacex after caring its plans for satellite internet. lower oil prices and the financial crisis. providing reappoint 5% this year. truly down. layoffs underway at dreamworks

and aol. more than 400 people getting pink slips from dreamworks. that is the latest from the fox business network. giving you the power to prosper. ♪

melissa: drama unfolding in cincinnati after a collapse of a highway overpass. workers now set to remove several hundred tons of concrete from the site. twenty-eight states now averaging less than $2 a gallon at the pump. here come the calls to raise the nation's gas tax. billions of dollars in federal highway funds not being used to fix bridges and roadways. according to the congressional budget office, $5 billion in fiscal year 2014 when to mass transit projects. the department of transportation allotted $820 million to pedestrian walkways and bike paths. instead of to crumbling bridges

like the one you just saw. one of our nations highways with the details. you cannot argue with the fact that the highways need help. i think we will shout outside the vehicle. i spent a lot of time here. a lot of potholes. we are starting to get some bipartisan support. take a look at the state. the federal gas tax is 18-$0.24 a gallon. it becomes even more than that. take a look at a different

state. pennsylvania, for example. other states have different tax rates. when you put it all together, it is a pretty decent place. there is definitely a need for help. >> maybe they should spend it on the roads and ridges. monocoque rally is back. along with tracy byrnes. we point to different things in the state of kentucky. they announced this in september. spend almost $1 million still think a museum to transportation. this is money that is appropriate. forget the fact that they have not broken ground. it does not count.

>> if you raise the gas tax it better come to me. no one is fixing anything. i drive more than anybody in this building. i cannot, for the life of the give one red cent because i do not know for the life of me where it does. deirdre: no doubt that we need to repair these things. government does not have a profit motive. you get a museum instead of fixing the bridge.

even though much of it was supposed to go to this, only 6% went to fixing. >> it is not well spent. the fact that the republican senators who should know better. secretary read to champion a gas tax. melissa: do not move. we are headed into the last hour of trading. >> markets are all over the place again. overseas is the focus among investors. liz claman is in switzerland. we will check in with her. also we will introduce you to the ceo of a company. this is the stillbirth of home

improvement. entrepreneur of the year for 2014. we will send it back to you. melissa: have you seen this? look at this tiny little hurdle. it could be the biggest strawberry. that is also possible. probably just a tiny turtle. the strawberry is about as big as he is. i feel like he is committed and he will get through the whole thing. he drew the short straw to begin with. now you will torture him? >> it could be that he has more delay shows strawberry that i am

able to consume. melissa: okay. i love it. i could not help it. i thought it earlier. i love you. i bring these things to you. governor andrew cuomo bringing the minimum wage debate to boil. plus failing to cash in on a playoff vehicle. you can never have too much money or too much football. ♪

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melissa: coming back from losses. whether it is on wall street or main street, here is who is losing or making money today. a seahawks fan offered $20,000 for the football that sent the seahawks to the super bowl after it fell into his lap. he is set to start serving a jail term the very next day. maybe that is why he wanted to go to the super bowl. the empire strikes back. governor andrew cuomo is calling for another increase by the end of next year. thank you so much for joining us. i like to bring in real people that are running businesses.

what will this cost me? >> he has good ideas and he is trying hard. we just gave almost a 10% increase to minimum wage. now, they will go from 11.50. >> you have a ton of restaurants. wow. all kinds of stuff. you calculate it it will cost you $16,500 a week. >> a bit harder my business is concessions. you just will not be able to hide them anymore. working 40 hours a week. >> how will you pay for that? when we say this, they say that these rich guys that own these

businesses, they just have to take home a little less cash. >> i could pay them a little bit more but not doubt more. that was a good start. there are also taxes and involved. how will i be able to absorb it? >> it is hard to raise a price. probably have to cut back on hours. pick people that have more experience. no raises for a wild. what am i going to do? melissa: these rich guys do not realize what is really going to happen. you are vacation is about to upgrade. if you think tiger woods would have a dennis on speed dial,

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melissa: a pretty painful hole in one for tiger woods here. we've been following reports that a semi-toothless tiger woods, the cameraman accidentally knocked out one of his front teeth. supposedly photogs were making a mad rush for the stage following lindsey vonn's record-breaking performance yesterday and tiger took one to the head? i don't know about that. tracy byrnes is here and nicole petallides as well this story feel fishy to me. tracy, what do you think? >> just my opinion but he went back to his old ways and lindsay clocked him. melissa: you think?

>> come on, a photog and a tam rah? or he -- and a camera? or he tripped because he was drug. i'm not buying anything else. melissa: nicole, what do you think? >> first of all, he's wearing this scarf with a skeleton which is white where tease the blood -- where's the blood? and the race organizers did not report this, did not report in the to them, and he did have the extra security. i'm wondering what exactly happened -- >> could it be a hangover night? remember when he pulled his tooth out in hangover? could it be something like that? melissa: you know, he had a problem with that front tooth anyway remember, it was dead and discolored. did he already have a prosthetic tooth? because i asked the same question about the blood, nicole. >> you did? melissa: absolutely. because you're like -- unless it happened the day before. is it a coincidence that he has a toothy scarf? >> keep the scarf up, number one, and fix it by the phoenix open next week as well.

melissa: okay. >> and those cameras are pretty big and tough so i guess it could have happened. melissa: nicole netflix is reporting fourth quarter earnings after the bell today after reports that marriott is bringing a streaming service to hotels near you, what is everyone expecting for in this. >> expecting a big swing for netflix, no doubt, after the bell and as far as bringing it right to the mauer yacht and hotels they're -- marriott they're trying to woo those guests who want more than just standard the. more me, i'd rather be watching some of my news shows. however, for netflix it is, obviously, a big draw. melissa: go ahead tracy. >> and i'm sure nicole will attest to that 57 million number, that's what they projected, that's the number you want to hear when they announce. melissa: yeah, absolutely. i love netflix. but because it's cheap and there's a ton of stuff on it, and that's not a great business plan. anyway, we'll keep an eye on it. thanks to both of you. someone get to the bottom of that tiger story and give me a call. let me know what happened here.

that is all we have for now. i hope you are making money today. right now the market is up and and don't forget there's a brand new show starting on fox business "strange inheritance," monday at 9 p.m. "countdown" starts right now. lori: thank you p so much, melissa. so markets mounting a credible comeback right now. check out the dow jones industrial average, it is up 17 points. off the best level though, that was about a gain of 77 points. much better than the deficit of 170 points we also had this session. so right now the nasdaq just sliding into the green up 28 points or six-tenths of 1%. so a couple of big names reporting earnings today, delta airlines, morgan stanley. delta out with a fourth quarter loss, but it still beats analyst expectations. morgan stanley missed for both revenue and profit from the fourth quarter. they