tv The Willis Report FOX Business February 27, 2015 5:00pm-6:01pm EST
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the first time i came to america 45 years ago, it was fantastic to eat hamburger. [laughter] david: all right, you're one of us. good to know. thank you, chef. "the willis report" is next. have a wonderful weekend. gerri: hello everybody i'm gerri willis, and this is "the willis report," the show where consumers are our business. it's the latest in credit card security and one of the best ways consumers can fight fraud, but just three out of ten americans have chip and pin. we'll investigate why. >> we've gotten to the point now that everyone is realizing that we need to upgrade the system to chip and pin cards. gerri: isis terrorists and their war on christians. where is the world's response? >> the middle east syria, iraq and parts of what we call the holy land where their churches are destroyed, their homes burned and their children sold into slavery. it has gone on for the long time because of the silence.
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gerri: pastor john mcarthur from the grace community church will be our special guest. the irs scandal over targeting conservatives blown wide open, the irs now under investigation for criminal misconduct. >> so when the chairman asks the important question is there potentially criminal activity here your answer was -- >> there is potential criminal activity. gerri: also, it's the lawsuit that has pet owners talking. purina sued over claims its dog food is a killer. and electric cars just became an even worse deal for consumers. we'll tell you why. all that and more coming up on the willis report where consumers are our business. ♪ ♪ gerri: the push to increase credit card security in the u.s. taking a lot longer than expected with mass credit card hackings at high levels, the industry has an october deadline to get microchip-enabled credit cards into the hands of all consumers. but new data today suggests that companies are not on track to
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meet that deadline. joining me now to discuss this and more is our power panel, credit expert john alz heymer, peter morici and personal finance expert vera gibbons. john, doesn't look like october 2015 is going to happen, my friend. what do you say are we going to make this deadline? are people going to be safer? >> we're not and quite frankly, it was an unrealistic deadline to begin with. the issue isn't necessarily so much that the credit card issuers are not issuing these new cards fast enough it's that the merchants don't have the infrastructure to actually accept the true chip and pin cards. so it looks like what we're going to start with and frankly, i've already gotten several chip cards, they're all chip and signature cards, not chip and pin cards. so while they do have the microchip the data is not being unlocked by me giving a pin so i'm still using the mag strip on the back. gerri: exactly. >> everywhere i go they're still
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taking the mag stripe cards only. gerri: i you know, i don't know what it's going to take for us to get where we need to be on this but peter are we getting numb to these reports about people being hacked? >> we're getting numb to these reports certainly, so people are slow to adapt. and unless -- it's kind of like smoking. everybody thinks, well, one more day -- the smokers do -- won't hurt me? consumers sort of feel that way about credit card security or personal security until something happens, until they get a scare. the other aspect of this is there are a lot of small retailers out there. try to use, for example, an iphone or a destroyed at a -- or a destroyed at a gas station. -- droid at a gas station. you can't. consumers know that. they're going to say, gee, you can steal my numbers anyway which will make them slow adapters. gerri: vera to you is it cost? is that what's keeping retailers from adapting to what we need to stay safe? >> i think that's a big part of it. it's costing more to produce the cards and the retailer has to
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informs in the -- invest in the infrastructure. it's a big investment up front, and they're loathe to do so, particularly the mom and pop. so the consumers are the one paying the price because the need for these cards is definitely out there. the u.s. is the last to adopt the technology. they're used by just about everybody else. so we're stuck between a rock and a hard place, and it's because of the retailers' reluctance -- gerri: well, i want to move on to the economy. fourth quarter gdp coming in at 2.2%. now, this is down down from 5% in the third quarter. peter, to you, you know, i'm looking at these numbers, and i'm thinking that the job creation the little bubble that burst of activity that we got at the end of the year, that can't be sustained, can it? >> well, it could be, but it's unlikely. what's more likely to happen is we'll return to the low 200s in terms of jobs creation which is far less than, say reagan accomplished during his recovery which means a lot of people are going to remain frustrated about finding a decent job. there'll be lots of those
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starbucks jobs around and as we're reading, they're paying a little better but they really don't give you a life, they don't give you a start, a career. gerri: vera, you know, we had that reduction in gas prices, and everybody said that, you know people were going to spend everybody was going to be out at the shopping mall. that didn't really happen, did it? >> to some extent, it is happening. consumers are still spending. spending has been up it's at the highest level it's been at a while i think sentiment's up. gas prices is putting more money into our pockets, and if they stay where they are or go to $2.35 a gallon throughout 2015 as they're expected to on average, that's going to put the most disposable income that we've had in nine years. $125 billion -- gerri: i've got the tell you -- to tell you, we may see some pops here and there, but i'm not seeing what i expected to see which was a big boom. so chain store sales, peter, i want to talk to you about that. it's impressive what's happening, as vera says but are people just trading up from the
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dollar stores? >> i think that's what's happening. people traded down from jcpenneys nordstroms and the like in the aftermath of the crisis. now, you know five years later they're finally starting to feel more secure about their jobs, so they're starting to buy better products. today i went online to buy some under armour winter gear for my biking -- [laughter] and i was -- yeah. you didn't know that! i'm a biker. gerri: i didn't know that. not surprised. >> in any case that stuff got scarce this year. it sold out. i had a lot of trouble getting what i needed. and then i'm finding with a lot of premium items people are not buying more stuff but they're moving up market. i think that's good and healthy. gerri: vera, you mentioned j, this penny. they have had -- jcpenney what's going on there? >> they've been trying to turn around for a couple of years, now they have brands consumers actually want. kohl's is coming out with national banks like vera wang brands consumers actually want.
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the traffic is up and they're spending more at these types of places because they're finally just doing better on the execution side of things. yes, consumers have more in their 401(k)s, home values are up so it's up to the retailer -- gerri: people in the store. amen to that. okay, pew survey out there 55% of american families are just breaking even. that's the story on their budgets. john, are you surprised by this? >> i i am not surprised. quite frankly we've talked about bubbles all the time. this terrifies me perhaps more than anything. most consumers simply don't make enough so they're able to not necessarily just tread water, but actually get ahead. this is scary because what happens if you have you have a deficit earning family, a divorce, a reduction in work hours and all of a sudden you cannot make your obligations every single month? you start going to the sharks, the payday lenders, and your going to start -- you're going to start borrowing off the credit card. most people do not have that 3-6 month emergency fund on reserve
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so they can actually live while they're trying to supplement an income somehow, and that is the next shoe to drop gerri if for some reason the unemployment starts popping back up again. gerri: good point. and, peter, you can hear the tension in this conversation. for some people it feels like consumers are binging and spending all their money, some are still questioning what's going on in the economy. do you feel like consumers' balance sheets are strong now? >> they are stronger than they were but a lot of that was because of debt forgiveness. one out of ten households went bankrupt, so it got mostly cleaned away. also consumers have long memories, so they are being a bit more cautious. but let's face it, there hasn't been any wage growth to speak of in the last ten years. if you're a family below 60-$70,000 a year, forget about a death or a divorce, a major car repair, making the wrong choice on a car, getting a car that's not reliable and it gives you $2,000 a year in auto
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repairs, that's a tough nut to bite for those folks. so i'm not surprised at this at all and i don't think people are binging, they're just trying to feel a little bit more american and enjoy some things that are a little bit higher quality than what you get at a dollar store. not that the dollar store doesn't serve a purpose. gerri: that's a fascinating analysis, you're totally right. if you make the wrong choice on a big purchase, you could really be hurting yourself. vera last word here on this pew survey. 33% of folks saying they have no savings whatsoever. >> i'm not surprised by it either. i mean everything's up. health care, education, groceries -- gerri: good point. >> many americans are living paycheck to paycheck. they're thinking of the here and now, what bills do i need to pay today, tomorrow? they're thinking they're never going to have a retirement anyway, they're not thinking about a financial emergency until it's right in front of them in which case they scramble to actually deal with it. gerri: john peter and vera thank you so much. great job guys. >> thanks, gerri. gerri: and one thing putting a dent in personal finances is
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college. high school seniors across the country and their parents start getting acceptance and financial aid letters from colleges over the next few weeks, many will try to forget out how to pay for it. all next week we're going to have our user's guide to paying for college with advice from top experts. plus, we want to hear or from you. if you have questions for yourself or a soon-to-be freshman in your life e-mail me at gerri gerriwillis.com. next friday we'll have a round table of experts answering those questions. and still a lot more to come this hour including why the push for electric cars might be running out of gas. and purina dog food is a favorite with pet owners, but now the company is being sued for putting dogs in danger. will this hold up in court? our legal eagles debate the case, coming up. ♪ ♪
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♪ ♪ gerri: tonight the lawsuit that's sparking anger and fear among dog owners. purina under fire for its beneful dog food. there it is right there. a california owner said his 8-year-old english bulldog is dead and his two other dogs are recovering from kidney failure after eating purina beneful. does this man have a case, and should other dog owners be concerned? litigation attorney, paul mills, and fox news legal analyst lis wiehl. lis, what are the details? >> they're having a class action suit here in california and broader than that because it's not just this one family that lost two dogs and the third one got very sick. this is up to 4000 dogs across this country have been taking this ingredient that's in this dog food propose lean gliokohl which is an antifreeze gerri. it's an automotive add ty. -- additive. it is known to be a toxin to dogs and cats, and if it's true as they're alleging that they're
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putting this toxin in the food that our dogs are eating and dying in the thousands -- gerri: so if the man at the center of this case who has an 11-year-old lab that died and a couple other dogs a german shepard and another -- shepherd and another dog -- >> first thing, 11-year-old are all labs. no one likes a dog to die -- >> well, he might have been at risk. >> no question, and i'm sure that would take a lot of study and an autopsy and everything else. it's all nasty business. the bottom line is that this particular chemical is in additives that humans eat. gerri: oh, yeah? >> and it is approved by the fda for human consumption. gerri: to consume? >> it's in grains and bread and other products. you might have heard some situations regarding some fast food restaurants had the ingredient in their food, and they removed it -- >> oh they've removed it now.
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okay. >> well, there was at lot of -- >> because people were getting sick. >> but the thing is here is causation. can they prove that this particular substance had the effect of killing these doggings, and there it's going to be -- >> here's how i think it'll help because all these dogs were eating the same thing. and here's the thing that's really key, they die from the same kind of horrible deaths; internal bleeding diarrhea seizure liver malfunction. all of these dogs with the same diagnoses. that can't be coincidental. >> the lawyers are going to put it all in a basket and all of those things are important, and they're all going to be referenced as being somewhat relevant under the circumstances, but they're going to have to get an expert who is going to say that this chemical that is approved for use in hue humans -- >> but it's removed now -- >> because of public pressure. gerri: purina got in trouble over the beef jerky treats is this like a pattern? is some lawyer going to say, hey, look -- >> they should have known. they had warning, and they didn't do anything about it.
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>> and that's because a lot of the products came from china and if something's coming from china don't feed it to your dog. gerri: does this come from china? >> what's interesting, most dog foods will say made in the usa with proponents or elements from china. so you should check the label, for sure, because i wouldn't want to serve my dog anything -- >> this is kind of a high level you know, high-end dog food. gerri: that's right. >> it's not cheap, and a lot of people go in and i've got a cat, and i admit sometimes i look at that and see if it's on sale. this is high end. it's not usually on sale. not only are people's dogs getting sickened but they're paying a lot of money for their dogs to get sick. >> i would tell my client if i was representing purina millions for defense. that's what they should do -- pay the lawyers. >> pay the lawyers. so you like paying the lawyers. i don't like paying the lawyers. i don't like nuisance fee cases. you know me i don't like big litigation, but this one where you've got 4,000 little doggies dying because they're dying horrible -- gerri: are we sure?
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>> we don't know. >> they'll find in this that out -- >> i guess we'll find that out as the case moves on. >> but you've got this thing that kills dogs and cats -- gerri: it's really sad. >> stay on top of this case and we could report on it almost on a daily basis. gerri: i believe we have a statement from purina. i want to read that and get your reaction to it. >> please. gerri: do we have that? coming up right now. we have a statement from purina. it says this: gerri: that's not -- there's -- >> exactly. gerri: -- there's absolutely no -- >> it's not a denial saying this is ludicrous, we have nothing bad in there. they're just saying oh, you know, watch what's on the internet. gerri: what do you say paul? quickly. >> prepared by a lawyer, just leave it at that. [laughter] >> don't believe it, it was prepared by a lawyer. gerri: from a lawyer, that's interesting. >> takes one to know one.
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gerri: you guys are so good. thank you. coming up later in the show, why this dress broke the internet over the color. that is blue and black right? is that blue and black? >> white and gold. >> no! holy moly. >> it's white and gold when you -- gerri: another legal debate. and next, the grievances against the irs. can't get the obamacare tax right. they send tax dollars to people in prison but now their own actions could land them in prison. why a government watchdog is warning of potential criminal activity by the irs. let us know what you think, send us an e-mail through gerriwillis.com. jeez, guys, shut up. [laughter]
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♪ gerri: new outrage tonight over the irs and its missing e-mails. despite lois lerner's claims that e-mails regarding the agency targeting conservative organizations were gone for good. investigators have turned up some 32,000 e-mails in just two weeks. the irs inspector general says he's investigating possible criminal activity. here with details, john fund, columnist for the national review. john, welcome back to the show. >> thank you. gerri: so potential criminal activities what do we know about what happened here? >> well, ever since the irs claimed that lois lerner's e-mails were lost, basically the dog ate her e-mails, we have wondered what's the whole story? well, now we have the criminal investigators in the treasury department which oversees the irs saying, excuse me we think there's potential criminal activity or people concealing e-mails. the archives of the irs were never contacted for her hard drives and the backup tapes, and it looks as if the irs was
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basically saying to congress we don't care what you think, we're operating on our own, and we don't have to answer -- gerri: let me tell you, everything i've seen it's totally out of control. 32000 e-mails recovered in backup tapes that, as you said apparently the irs didn't even ask for when they were having to testify in front of congress. now that, to me, raises major possibly criminal problems. do you think that's the heart of what's going on here? >> well we don't know what they're covering up, but we can guess that lois lerner was communicating with other people in the internal revenue service -- people, perhaps, at the justice department perhaps at her old job at the federal election commission where she was caught harassing conservative groups, and clearly there's a track record there. so this may go higher up. remember -- gerri: wow. >> the irs' chief counsel had many meetings at the white house. he's a political appointee. then there's the various irs commissioners. the irs was clearly hiding something, and i don't think it was just to protect lois lerner.
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gerri: i want you to hear what jason chaffetz had to say in this hearing about this very issue. it's pretty heated. >> so we send a subpoena, we sent letters, we have hearings, we hear all kinds of excuses from the irs they can't have them they're recycled they've been destroyed they're not available i mean every excuse you can have under the sun. you start, you find them in two weeks and then when you go and talk to the i.t. people who are there in charge of them, they told you that they were never even asked for them? is that correct? >> that's correct. gerri: do you share the congressman's ire over this? >> you know i'm beyond anger. i just think that we have to get to the bottom of this because this is an agency that affects every american. and if we can't trust the people there, we're all in trouble. gerri: so here's what lois lerner herself said in an e-mail: no one will ever believe that both your hard drive and mine crashed within a week of
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each other, and that seems to me kind of a smoking gun e-mail here talking about what can we get away with, what will people believe if they hear about it? how do you react to that? >> well, i think their whole strategy was just to get beyond the obama administration, delay long enough so that there'll be another administration and they won't be interested in going back and revisiting history. delay, delay delay. here there's no accountability. i think what the committees have to do is call in a bunch of mid-level irs bureaucrats. not the top guy because the top guy doesn't know anything. he's probably been lied to by the bottom guys. tell us what you know under oath and i bet you'll get some answers you haven't gotten before. gerri: so lois lerner got $129300 in bonuses in three years. take a look at that number. you say though, trying to go after that would be a mistake. >> well -- [laughter] the federal employees' union is so protective of its charges that they literally put up all kinds of barriers to ever
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discipline any federal employee, ever garnishing their wages doing anything. it would cost you more in legal fees to try to get those bonuses back. what we really need to do is go look at the federal employment rolls and say, you know, if it's easy to hire and fire in the public sector, why shouldn't the government resemble it? gerri: if you don't pay your taxes boy, nobody's forgiving it, nobody's walking away because it's too expensive to collect. john thanks for coming on. >> thank you. gerri: coming up, is the world ignoring the war on christians? isis terrorists are attacking christians all over the middle east, but what's being done about it? where is the world's outrage? pastor john mcarthur weighs in coming up. there he is right there. stay tuned. ♪ ♪ tigers, both of you. tigers? don't be modest. i see how you've been investing. setting long term goals. diversifying. dip!
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john mcarthur will weigh in and that the warring is signal -- the role is ignoring the war on christians. the house fails to pass a temporary funding plan for a homeland security the funding expires midnight tonight and republicans could not get enough members to vote yes even john boehner voted yes. homebuyer's signed more contracts it jiri than merely a year-and-a-half. the national association of realtors day indications point to modest sales growth as we go in to the buying season. then do smart watch will charge faster than the iphone and state charged all day in and it could replace them down the road. there will be unveiled march 9th. leonard nimoy has died. best known for playing the role of spock in "star trek"
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died from lung disease and was 83 years old. now with the isis war on kristiansand a lack of our major action from the rest of the world. we have senior pastor at the great community church. great to have you here. is isis clearly waging a war on christians and why aren't people more upset? >> isis is specifically waging war on christians and jews and the reasoning goes way back in their history they believe christianity and judaism is heretical that they stand in the way of accomplishing goals -- global conquest. people need to understand there is a benign form of islam that people go about their daily of it -- then the lives but in the
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literature there is the view that clearly says heretics' are to be killed. not all muslims hold to that but some do. even more significantly there is the apocalyptic form of islam the end of the age form of islam. is about the end of everything and that is the form of islam that is held in iran and devices to iran wants to bring about the new age that is lot of rules of globe. selfie rock bond dash prod about by a threat. gerri: use 86 is a little different. and smashing up a museum in iraq.
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look at these pictures. but it essentially they just lay waste to the history of the middle east. why would they do that? >> anything that is a free islamic anything that represents anything other than islam they want to demonstrate the power over though world's they want coble conquest by power. we cannot take a simplistic view. isis once it's genocide now. much different. gerri: you said basically the world is a dangerous place. listen to what john kerry said recently. >> despite the visible
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killings that you see or heart -- how terrific they are real live in a period of less daily threat to americans and the people of the world. less violent today than from the last century. >> that was just on wednesday he said that. do you agree? >> if you just google one word will come up is the entire end of the apocalyptic vision summit will prepare though world for the coming of the islamic messiah. and he comes to conquer the globe for islam. if you think this is not serious then you are
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completely in the dark and everybody were supposed to protect is in danger. gerri: the president lauded as the islamic terrorism. what should the u.s. we doing? >> again look at the completely clear apocalyptic vision that they tried to produce in the world. you cannot ignore this is is lot. that is not the churches job. the churches to except persecu martyrdom. day kill love another 12 apostles who expected and we accepted and we knowledge the people who persecute us we pray for them and love them the churches job is to preach the gospel of jesus
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christ. that is the only help of salvation including muslims. gerri: thank you so much. and what you think? is the world ignoring the war on christians? i will show up the results at the end of the show. and inspiring financial discipline to help you save it a unique way. the founder is here to tell us about it. retail values are plunging on a car but first here is a consumer cage with the numbers that matter to you. we will be right back.
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plummeted as new models and deal say gas prices dropping be older versions are struggling to stay competitive. the kelley blue book director the eric joins us to discuss the problem. i was shocked at the numbers down at 22 from 35% depending on the make and model. why is that? >> thanks for having kelley blue book of the show. we have not seen a significant drop in the residual values for electric vehicles. they are holding their value less well they'll of the internal combustion vehicles
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but they have not fallen off the cliff lately. pre-don't think it is related to the drop of oil prices because we have seen this slide occurring from one year ago. gerri: let's look at actual examples of the chevy votes. the current price is under $30000. then said he saw me if. let me finish. $36000 for the new model in the current price is just $10,000. is that normal? >> no. we predicted there would hold their value less well primarily to the fact that they'll get the federal tax credit that can run up to $7,500 per car.
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in addition there priced significantly higher than the internal combustion engine car. gerri: so they are expensive to start with. so my question is is it a problem with the technology that this category changes so dramatically and so fast when you drive a car off a lot you are locking in old technology? >> that is true. but what we think is happening is people who want the electric vehicle, the early adopters want a new vehicle. whereas they cancel the chevy volta brand-new it is another story when they
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return three years later off their lease. there is less of a market for used electric vehicle. gerri: thanks for coming on tonight. saving money is us task easier said than done. 60 percent of americans between 18 and 40 have nothing in savings but now there is an application called digit you can save money without even noticing we have ethan block here drinking his coffee. how will you take this money out of my account? what is the methodology? >> when you at connect your account to automatically start learning your spending and income patterns and every day it looks at the check-in counter what is
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coming to the bills will hit dash or spending money to find a small amount of money you don't need for bills but you may not feel missing. gerri: it is like getting people to save without noticing it. >> that's right. gerri: what happens to that many -- monday? >> it moves to the fdic insured account you can have access to any time and with a back to your checking account when you wish. gerri: to earn interest on my savings? >> today they don't pay interest but we will as we continue to grow the member base to have a little more leverage with the banks that we work with. gerri: you want to give me no interest but take my money? that seems like a bad deal. >> so people are now
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beginning to save to begin with. gerri: so why penalize those who do? >> we're not penalizing them having $100 set aside at the end of the month you might not have had otherwise is more important than the $0.2 you would in the current interest-rate environment. gerri: remaking money off my money? because you were making money on my money. >> it is a completely free service. gerri: but you were making money off my money i a get nothing and has to be happy at all pay for the application? >> i saved but i make money on my many. >> but i don't thank you are the target market for digit. gerri: as with his young people that are not saving the you are going after hoping that there will be happy that you can make
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money off of their money. i have been questions about this. >> 60% of the country is not saving to begin with we are in a poor financial state. gerri: i could not agree more. absolutely true. >> that is the only promise so for people to worry about making $0.2 if we can get you saving. gerri: i think that would rather have the $0.2. [laughter] >> you may be out of touch. >> not with those that are smart about money. that is one happens. thanks for coming on the show. we appreciate your time. gerri: from of woman asking about the color of the address. the internet has gone wild. what broke the internet this week and why it's the good
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call now, request your free [decision guide] and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ gerri: to things broke the internet this week the blue dress and llamas. any relief was well done and what did you make of the blue dress larry? [laughter] it was gold and white, wasn't it? it looks gold and white to be. but people to angeles so quickly. i think it was on every news network this morning in all over social media. now they are creating
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posters some of them are crude how they hate this stress at this point. [laughter] they are tired of the trestle betty. we turn to because it is a lot of negative stuff the obama economy and sometimes we need a break. gerri: the story behind the address if you missed it people were told some people see it as blue and black some see it as white and gold and it is a raging debate. the people are starting to turn on it but it is marketing gold? >> oh my goodness with a light to sell the address? we will see more of that dress. i know that we are. >> it is sold out. even tailor swift is commenting and says i don't understand the debate i feel like it is the trick i am
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confused and scared but is obviously blue and black. what about kardashian -- kardashian? i see it as white and gold. everybody talks about it. >> if we really want to break the internet put kim kardashian and her sisters and address then have the right the lamas down the street then we will break the internet. [laughter] gerri: you have seen the news about the kardashian they are signed again $100 million tv deal. what is the attraction? >> have you ever watched the show? i did one time to write an article i am amazed at how ridiculous it is but i don't blame them they are famous for being famous now they just get paid this kind of
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money. it is not their fault. they cut a good deal and there is plenty of meat on the bone. i did not mean anything by that. [laughter] there is plenty of money left after they paid them $100 million. but we have a society that tunes in to this. moms and dads who let their little girls watch this television show and somehow think they are all models. they need to get control of their television and their family to say it isn't acceptable. gerri: be realistic they will have kids and those kids will have shows in that will go on forever. >> i know. is and that a shame. [laughter] gerri: mama's on the list? why is it so popular? i don't understand. >> it happened right here in
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phoenix and i'd like them. i think they got more viewing time then o.j. simpson and the white bronco. that was the best case. but i learned if you want to solve a problem remember they were caught by haggai in the pickup to lasso them. if all else fails call on a cowboy. gerri: we will close it out. thank you. good to see you. we will be right back is the al world -- the world did during the war on christians?
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government to solve their problems? the best thing the government can do is get out of the way. >> obama never met a dollar he did not like as long as it comes from somebody who works for its giving it to somebody who didn't. send me an e-mail. terrorists have declared war of christians but is the world turning a blind eye? >> yes. they will not do a thing at. nobody for good is sickening. >> i cannot speak for the world but it is painfully obvious whole building is. >> and don't know other countries but they are turning a deaf ear on to a horrific situations. >> 92 percent said the world is ignoring the war on christians in the middle east. that is though well as report. catch us live. next week is user's guide we. have a great weekend.
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>> stocks have been struggling a little bit but the best month to more than three years for the s&p but the focus on the nasdaq getting back to the 15 year high. are millenials ready to lead this country? first let's go to nicole petallides at new york stock exchange. >> plenty of reasons to celebrate the dow jones industrial average k 5.6% for the month of february the best month for the blue-chip index since january 2013 the financials did very well like jpmorgan and goldman sachs there was a great performer.
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