tv The Willis Report FOX Business April 13, 2015 5:00pm-6:01pm EDT
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that wedding show we doubled our business previously. it continues to accelerate. we feel good with the asian market specifically. >> blue nile. check out colin's brand-new stuff. >> the willis report is next. >> i know. gerri: hello everyone. i'm gerri willis. and this is the willis report. the show where consumers are our business. 2016 candidates jump in. >> i think our nation is at a pivotal time anyone who wants to be president or commander-in-chief needs a track-record of accomplishment and trustworthiness. >> marco rubio confirms his bid on the same day hillary clinton kicks off her ground campaign. summer gas prices expected to be the lowest in a decade. late flights lost luggage, and overbooking. consumer complaints about the airlines take off. also, getting rid of tax returns all together. consumer expert clark howard is here to talk about a bold new plan.
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and golf celebrates its new hero. >> congratulations. we're very proud of you. >> all that and more coming up on the willis report where consumers are our business. gerri: it's official, marco rubio is in. the republican senator from florida today confirming he's making a run for the white house. is set to take the stage moments from now. within the hour from miami shortly. his announcement comes just a day after hillary clinton kicked off her second presidential campaign with a video targeting what she calls everyday americans. here to break it down, fred. and liz haring ton from the washington free beacon. (?) welcome to you both. we've been handed a copy of his statement. what he'll say moments away. i wanted to read part of it. he said my parents achieved what came to be known as the american dream. now too many americans are starting to doubt whether achieving that dream is still possible.
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hard-working families living paycheck to paycheck. one unexpected expense from disaster. a populist tone. are you surprised? >> i'm not surprised at all. one of the things that marco rubio has done is take a great interest in the domestic economy. he has tax -- a reformed tax plan. he is a conservative reformer. it makes a lot of sense. he touched on ten thing that clinton doesn't have. the life story about his parents. his dad worked as a bartender in las vegas. it's a great narrative. hillary doesn't have one like that. >> that was my exact point. a great contrast with hillary. this week in the washington post, there was a picture of the candidates house in florida. fourteenford if 150.
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i'm mainstream america. what do you make of his positioning? >> i think he's selling himself as the picture of the american dream. giving his speech in front of the miami freedom tower where refugees came in the 1960s. this is what i embody. it's slipping away. i can change that. the contrast to hillary clinton's announcement yesterday is so clear. marco rubio is selling himself. hillary clinton is distancing herself from her own campaign. her campaign video she only appears in it for nine seconds. and has these so-called everyday americans that are the centerpiece. >> let's move to that. and hear sound from that video. here's hillary clinton. >> for president. americans have fought their way back from tough economic times. but the deck is still stacked in favor of those at the top.
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everyday americans need a champion, and i want to be that champion. gerri: fred, she wants to be that champion. and yet she makes, what, $200,000 per speech. she and her husband have amassed $17 million since they left the white house. as you recall, she said we were dead broke when we left the white house. it is doubtful if the majority of americans would consider themselves dead broke if they had the money the clintons had when they left. fred is hillary just too distant, living a life that is too out of reach for mainstream americans for them to relate to her? >> there is a problem. whether she's really genuine when she talks about about the champion of the middle class and so on. and identifying with all those people. she had in her video. you know people that were working. and single mothers and so on. it's a hard sell to say that she fits in with
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them. and to be the champion of the middle class, i mean, she's someone who has a difficulty trying to discover what she really believes in. just a few weeks ago, where one of her campaign people said, the problem is, before we start the campaign, we have to figure out what the rationale for her campaign is. i still don't think she found it yet. >> ambition is not enough. you have to have more than that. she wants to raise 2.5 billion dollars. i was shocked at that. am i being naive. is that what it takes, or is this a big number? >> it is a big number. it seems you do need to raise $1 billion to win the white house. hillary sent an email out today that said, it's your time. that's the complete opposite of what people think about hillary clinton. she thinks it's my time. i was passed over in 2008. now i can finally be president. the contrast with her and with rubio is very
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clear. gerri: yeah, getting in line for lunch. you take your turn. it's my turn to be president. fred quickly before we go hillary talked a lot about women. we have sound. but we don't have time to play it. i want you to talk about whether that will resonate with americans. i know a lot of women my age who are pleased as punch to see a woman compete for a chair in the white house. but is that enough, just to say, let's make it the first woman in the white house? >> well no. i don't think it's enough. it depends on what the lay of the land is next year. who her opponent is. if republicans make the mistake of being mean to her and being -- and allowing her to be a sympathetic figure, this grandmother who republicans are beating up on, that won't help. but just being a woman look, it may give her a point or two, but she may lose a point or two in other areas particularly among african-american voters.
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she's not a barack obama that's for sure. >> give me a quick last word on this topic. >> like you said, hillary has a hard time. she'll have to distance herself from this public persona. she's stiff. out of touch. she's trying to run out offromthat and change it. >> now we want to know what you think. here's our question tonight. does hillary understand everyday americans? log on to gerriwillis.com. vote. i'll share the results at the end of the show. we have good news about gas prices. we've seen those prices fall. right? drivers on average paying 2.39 a gallon. that's a buck and a quarter cheaper than last year. drivers can expect more relief at the pump for the summer. patrick, senior petroleum analyst for gasbuddy.com. welcome back to the show. good to have you here. what is your outlook? how low will they go this summer?
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>> gerri, i don't think there's any point in the last seven or eight years. i've been excited for low gas prices in the summer. i can drive from chicago to michigan, where i was born and raised without worrying. that's what the nation will be seeing. is ultra low gas prices between memorial day and labor day. national average of 2.35. it's the cheapest since 2005. >> wow. and that is -- goodness a big falloff. and lower that night government's own estimate. why are you so i guess bearish in market terms. from my point of view you're bullish. from the market's point of view you're bearish. >> well you know bearish, i think there's 1,000 opinions out there. would probably fall in line in the middle. we're not on the outskirts. we're a little more optimistic. the oil inventory situation continues to be a problem. oil inventories rise. and look at china. the problem there is going to be a lot longer in duration than what's expected with the
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slowdown there. and, of course you can't have a conversation about oil inventories unless you include china, of course with explosive oil demand, that is obviously slowing down with our economy. >> patrick, you are an international analyst. but tell me this, my friend gas prices can fall, but what about jet fuel prices? my airfare is not going down, you know. >> yeah. and that's one thing i'll be avoiding is the airline. as you know, airline prices have not come down. why? well it's a lot easier for airlines to manipulate the supply of seats. when it comes to a vehicle, they can't limit the amount of seats my car holds. i make that distinction when i buy a car. airlines aren't competitive. some have hedged their fuel prices. although they've tried to unwind that. they're controlling it very tightly. >> and there are fewer and fewer of them.
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four airlines control something like 70% of the market. they have it all happening for them. good news is americans are saving 20 to 30 cents every time they're fueling up. good impacts on the economy. right? >> well, certainly. and you look at last year what prices were today. we're talking about prices this year that are 1.25 lower. if you're taking a road trip, spending $50 less on that road trip. so the savings is substantial. >> i like it, patrick. thank you for coming on the show tonight. >> thanks, gerri. >> and we have more to come this hour including a novel idea about taxes coming out of great britain. a new report suggests airlines aren't flying high when it comes to quality. how is your favorite airline stacking up? ♪
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>> the annual airline quality rating is out today. guess what? it is not your imagination, friends. it shows the entire airline industry declining in performance in 2014. so what's causing all the issues and which airline will trust you the best? mark murphy joins us with his advice. mark good to see you. so this is not a surprise. but it is frustrating my friend. the airline industry is just not living up to expectations. and as you can see, airline complaints are up 22%. what's going wrong here? >> so you've got like your previous guest. limited capacity. they've controlled the seats. so as demand picked up they haven't done anything to add capacity. because of that, you have more people crammed in. gerri: right. >> it's just uncomfortable. add to that the tighter seating. add to that all the fees. boy, you have a formula for unhappy customers.
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gerri: ouch. so let's look at. here's a basic thing right do you get there on time. no. 76% arrived on time. down from 2013 which was 78.4. what's causing that? it's not like they're competing with more airlines in the air. they're not. >> well, think about it. you go to check in. they'll whack you for the bag. you shlep the back on board. forget about it. there's so much up there. you have to march the bags up to the front of the plane. gate check them there. when you think about what the airlines have created they've created this process that delays the flights. gerri: delays. the lost luggage, even though you're putting it overhead up 13%. now why would that be? i don't understand. >> again, you know, missed connections. delayed flights.
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things like that. and there's bigger strain because it's not like they're adding more baggage handlers per plane. now there's more baggage to handle on each plane. when you combine those two, you'll have a formula for most lost stuff. there are companies out there now blossoming to track your luggage, for example. should it get lost. >> do it virtually. talk about overbooked flights. you go to your flight, sorry, we're at capacity. you'll have to take the next one or fly tomorrow. that's up 3%. people are getting bumped from their flights. why is this happening more often? i thought all this consolidation, they would do this great job of running the airldz. airlines. not true! >> you know what happens, you have fewer seats. when a flight is oversold nowhere to move them. the good news, depending when they get you to your arrival destination, you can get up to four times your
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ticket price back as compensation. so you will get compensated if you get bumped, they can't get you to your final destination at a reasonable time, that's a set rule. you're good with cash if you get bumped. >> they do take volunteers initially. i want to get best and worst airlines. virgin airlines. they're probably nimble. hawaiian. how hard to be a good airline. weather is good. never delayed for weather. delta, which is interesting delta is one of those mergers. they're the best. >> right. delta has turned things around. they went back to what made them great decades ago. i think that's what a lot of airlines have to do. they have to recognize what makes them good. deliver a great product. try to make the customer happy. you don't have a monopoly. someone will come and compete with you. virgin, for instance. >> i want to get to the worst offenders.
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envoy. express jet. skyway. the puddle jumpers. the guys between the spokes in the wheel. this is a hard business to be in. right? >> bingbingo. regional jets. what gets delayed is they can hold you up, they'll defer to the larger jet with more connecting passengers. you may find you get delayed. but the big jet comes in. you're second down on the tier. >> second class citizen. >> that's a problem. gerri: i agree. i like the beard. very good. thanks for coming on the show. good to see you. >> ah. thank you cheers. >> maybe you'd be better off driving to your destination. more than one and a half million cars and trucks were sold last month. not all makes and models are created equal. there are some cars americans won't buy anymore. number five these are the losers. buick takes 145 days to
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sell versus 71 days on average. the infinite q60. number three, cadillac er. and number two, the nissan gtr. the number within car car. the honda insight. sits on the lot for 170 days collecting dust. later on the show, how russia is getting in the way of an iran nuclear deal. britain has done away with tax returns. should we follow suit? the deadline just two days away. stay with us. ♪
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taxes. right? us procrastinators scurry, imagine if you never had to file taxes again. britain is doing it. the end of the annual tax return. consumer expert radio talk show host clark howard. clark, welcome. so, my friend, you think this is a good idea. tell me why. >> i think this is wonderful because the fact that we're having an enormous problem in this country with tax id theft, i had two callers today just today alone who went to file their income tax and couldn't because a crook had already beaten them to it. filed a false return as if they're them and stolen money from all of us with their fake returns. what the brits are doing, the tax authorities already have so much information on us that they're able to phase in over the next few years the ability to prepare a return for you that will work for
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probably maybe 90% of british citizens. those that are entrepreneurs, that have complicated situations, that won't work. but everybody else, think about what the irs already knows about us. gerri: that's the frightening thing, my friend. they know so much. all right. let's look at a couple of numbers here. it's two totally different markets. us 140 million tax filers. the united kingdom 100 million. very different. here's my question to you. i have no desire to give the irs total control over my tax filing, which is what you would end up doing. as a practical matter, how, how how would we handle the issue of deductions? i mean people with the very same description of their situations might feel two different tax returns. (?) am i not right? >> you are 100% correct. so this is a different issue. and it's one that i'm fierce about and that
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is our tax code is beyond idiotic. if you tried to explain to any elementary class why do we do our taxes like we do, it's nuts. and it's because of the system in washington where tax preferences are passed and one after another. i'm such a strong advocate of us going to a simplified plat or modified flat income tax. >> i have no problem with that. i have a problem giving an agency all this power that has shown us time and time again that they're not up to the -- they're not up to the effort. they're up to their ear balls with the 47 obamacare tax law changes. to put this on them now, it would be like, oh, my god have mercy. i have to come in and say, you have this wrong. what kind of standing do i have against the irs? an agency that can take my wages, can ultimately send me to jail. >> sure. gerri: you know, am i going to
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have an argument with them, i don't think so. >> well here's my thing: the irs obviously is messed up. right? there's no doubt about that. gerri: that's technical terms. >> but the irs is messed up because the tax code is so convoluted, you could sit there with multiple, very well trained tax professionals and they could disagree about what one provision or another means. the reality is, we've created a cynical system in the united states that needs to be torn apart. and we need to go either to straight sales tax like so many of the states do. or we need to go to a very very simple income tax. again, like so many of the states do that have a state income tax where there's a simple rate or just a couple of rates without all the games and gimmicks. >> i hear you clark. it needs simplification. you can't read the tax code, unless you're an accountant. you can't parse the
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words. it makes absolutely no sense. completely confusing. but i'll be the last person to give the irs even more power. clark, thanks for coming on. it's absolutely great to see you again. thank you. >> great to see you. gerri: and a programming note for you now. tonight, on an all-new "strange inheritance." jamie colby meets a family who struggles to keep their amusement park running. and at 9:30, the owner of a taxidermy shop dies tragically. leaves two sons to pick up the pieces of their strange inheritance. jamie: what? oh, my god, brian. what is going on? oh, my gosh. this is your house? i can't believe it. looks like a zoo. >> my name is brian cool ash. my dad passed away in 2010 and left us an inheritance with noah's
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ark implications. (?) >> awesome. watch "strange inheritance" monday through friday on the fox business network. greg norman reflects on the history making weekend that was the masters. did you watch? but, next, two more obstacles to the white house reaching a deal with iran over a nuclear program. russia and congress. details plus other headlines coming up after the break. ♪
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♪ >> welcome back to the willis report. in a moment the latest on the deal with iran. as congress now enters the fray. it's time for a look at other stories in the news. the shooting on the north carolina community college campus claims one life with the shooter still at large. wayne community college officials say the victim was an employee of an on campus print shop. police are looking for a 20-year-old former employee of the victim. stocks moving lower as investors look ahead for
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a busy week for earnings. market coming off the second weekly gain in a row. jurors deciding whether to convict former new england patriots player aaron hernandez murder wrapping up a fifth day of jury deliberations. a judge sentenced jodi to life without parole. millions of americans living in high risk areas are paying 18% more for insurance. (?) thanks to a low going into effect this month. many homes were damaged by superstorm sandy. it was necessary to keep the program running. it's $20 billion in the red. those are the stories in the news tonight. back to the international news. russia today complicated us policy in the middle east. president putin is selling iran a sophisticated missile system. with us is dr. zuhdi jasser. president of the islamic
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forum for democracy. he's author of the book "a battle for the soul of islamic." welcome back to the show. so good to see you here. russia lifting this ban on a missile system. wow, is this not a direct rebuke to the us and israel? >> it's not only a rebeak. they're moving ahead as if the sanctions have been lifted. the only thing that held back russia in 2010 the united states and israel put enough pressure that they stopped. now they're saying, the sanctions are lifted. we'll go ahead and move forward. these missiles, by the way, what are they doing, they're sending a message to the world that iran will be defended by russia against attacks from israel. these are surface to air missiles. this is very frightening. and it's upping the ante gerri about sort of the middle east rush for an arms race. that it's not just nuclear, but
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conventional arms race. gerri: yeah, it really doubles down the on the stakes. mitt romney talked about this on sunday. >> president obama and john kerry have been amateur negotiators. the alternative is pretty straightforward. return and put into place more crippling tightening sanctions. so iran feels more pressure and is willing to come to the bargaining table. >> romney is calling for tougher sanctions. we seem to be lifting them and getting rid of them altogether. what is the right path? >> the right path as mitt laid out. they have to come to the table because they have to not because they want to. remember his video we talked about, that he sent to the iranian people. all this money that was going to come their way. we can see $800 million of arms that comes to the million acksy and what they want to do to
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hedgize the middle east. they're creating a military alliance. you're seeing a militarization of the middle east to a degree we haven't seen in generations. begging them and wishing them to come to the table doesn't work. they have to do this because they're afraid of it. and russia now is completely unhinged. and, oh, by the way the state of syria and has assad is fueled by that. >> i love that phrase. mullahocsy. hillary clinton running for president. is she in any way the author of the incredible events that have happened in the middle east? will she be graded harshly by republicans for her role at the helm of america's negotiating table? >> i sure think so. anybody that looks at president obama's lack of strategy and lack of doctrine the vacuums he's allowed to be
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created and opportunities in the middle east will have to look at the secretary of state during most of his administration that basically sat back and is having a hard time finding what her foreign policy was was that was successful. i'm sure the voters would be smart to look at what she accomplished. there were so many opportunities lost in the middle east that were tipping points that we only see once in a century, let alone in an administration that were just lost under the secretary of state. >> that's a conversation for another time. sounds fascinating though. zuhdi great to see you. and when we come back, a little known part of obama's medicare expansion. a new study tries to answer the new question. is college worth it? college educated workers the difference they're making to the economy. first, here's your consumer gauge with the numbers that mean the most to you.
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♪ gerri: well, lawmakers are back from their spring hiatus. a lot of folks say is flawed. the price tag. you'll be surprised. $214 billion. with more on this, vital springs technology ceo, dr. sredhar. this is in part the doc bill fix that happens every year. we want a permanent fix to that. it doesn't seem like we're getting closer to it. what's going on? >> we want a permanent fix. you know, they've been kicking this can down the road for many many years. there was this -- this notion that both parties finally came together on something. but when you look under the hood.
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there are a lot of potholes that are yet to be filled on this bill. some really big ones. if they're going to pass this incredibly expensive bill, and i have the bill right in front of me. and i've gone through every page of it. there are a lot of stipulations here that have to be put in place in order for this change to work. which means that there need to be mechanisms to be able to look at the efficiency of how doctors are delivering care. hospitals and electronic systems need to be talking to each other. none of that is happening. if that's not happening that means that this bill isn't going to work. >> let me ask you a quick question. is that why it's so expensive because it requires all this other detail? what we're talking about is giving doctors a 5% annual pay raise through 2019. the long-term problem has been that we approve those raises every single year. >> well yes. and part of the plan is to be paying doctors eventually on quality
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and not on volume. and the idea was that it will go up incrementally, but we want to reward doctors based on how well they're taking care of patients. >> the big concern is that we'll finance this through higher deficits. we don't have a way to pay for this. right? >> we don't have a way to pay for it. and on top of that, what they need in order to get the metrics on is nonexistent. we're essentially funding a bill that will never get over to the finish line. in the same breath last week, the obama administration issued a report chastising the electronic medical record vendors and hospitals for not sharing data. and if they're not sharing data -- >> they can't see what's in this bill. >> exactly. gerri: i want to go to one more topic. which is critical and a concern for many americans. the medicaid expansion under obamacare. folks are worried that the government will come back to them to recover costs because, you know what, they can.
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it's legal. is this happening already, is it a fear of what may come or is it on the agenda? >> no. it's happening already. many people don't recognize that medicaid and those inoccurrences can in some shape and form be a reverse mortgage. some surviving spouses can find themselves in a situation where some of their assets could be called to task by the government for recovery because the bills haven't been paid. and this is a mechanic that has been in place, the estate recovery bill haas been in placebillbillhaas been in place for a long time. the threshed holds have changed. (?) you're looking at hefty hospital bills like $100,000, where if you haven't done the right estate planning, your spouse passes away. you could find yourself in a situation where the government may be coming after your assets in
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order to get a hold on that $100,000. so it's a serious situation. gerri: a serious situation. that we'll have to give more attention to. thank you for coming on the show. good to see you. >> thank you gerri. gerri: well, job opportunities are improving for college grads. some of the fastest growing sectors of today's economy is looking out for candidacy workers. tony is the director of georgetown -- he's out with a new study to find conventional wisdom on the economy. it's the college grads. they're responsible for everything. how does this happen? explain your findings. >> we've essentially moved from an industrial economy where manufacturing was dominant. we lost two-thirds of our manufacturing jobs. but since that time we've created three times as many high-wage college educated jobs in finance, computers health care education the information industry and something
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called business services. gerri: so college grads represent an incredible proportion of the economy. tell us about that. >> they represent about 32% of the workers. and they're making more than 55% of the output in the american economy. every year. so they're more than earning their keep. they're not getting their full share of the wealth that they create but they are very good bargain for the rest of america. >> there's a huge debate out there about whether college is worth it right now because it's so expensive. because college students who are graduating have $33,000 in debt they're carrying. which is horrific. what does your information say to that issue? how does it inform that? >> college is worth it. but most of it can't afford it. that's the harsh fact here. on average if you get a college degree it's worth a million dollars more than a high school degree over 45 years or so. so it's worth it. it just costs an awful lot. >> and what parts of the
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economy are benefiting from these workers? where do these folks go? >> where they go now are in finance. in consulting. computing. education. in health care. in white-collar office jobs. not muscular jobs on the assembly line. and there are a lot of them and they're very productive. gerri: let's talk about the difference in wages, you talked about how they're not necessarily making everything they should be, but they're still doing far better than high school grads. >> in the end, a lot of this depends on what you take. that is, if you major in engineering, let's say petroleum engineering you'll make $138,000 a year. if you major in psychology, you're going to make less than $30,000 a year. so not every college degree is equal here. it has a lot to do with your field of study. >> no underwater basket weaving degrees. we get that.
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tony, thank you for coming on the show. great to hear about your study. thank you. still to come, the masters tournament was without drama, not history. jordan spieth, take a look at this fellow makes a run for the historic green jacket. gets it. sets all kinds of new -- all kinds of new records. we'll talk about it next. ♪
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he's now number two, the number two golfer in the world after rory mcilroy, has the future of golf arrived? greg norman weighs in. so good to have you back again. i have to get your reaction to jordan spieth his amazing performance. over the week and throughout the masters. >> yeah. absolutely. just a classy guy on and off the golf course gerri. i haven't spent any time around him, but watching him on tv, it's just a pleasure to see his performance. it was like an inevitable composure he had. if it got a little bit on an edgy situation he bounced back with making a good birdie on the next hole. so we as professionals he was going to be a star in the future. but, quite honestly gerri, i think with where golf is right now
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with rory mcilroy and with jordan spieth, the two young guns who will probably end up having a great rivalry going forward. golf is optimistic. >> it shocks me that someone who is 21 can be that composed. he said each round of the masters feels like we're playing two rounds. tell us about the pressure of a big event like that. >> augusta national gets to you physically and mentally. i've experienced it. the good and bad there. the golf course is set up to be right on the edge of testing your game to the 100% level. if you mis-hit a nine shot by 2 feet you'll pay the premium sacrifice. you saw that with jordan on saturday, the 17th hole. he probably hit one bad shot. so, at the end of the
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day, augusta national does a great job of testing you mentally as well as physical. >> the game is looking for the next big thing after tiger. ironically tiger played good the first couple of days. in this case allison camedays. is he the next big thing jordan? >> yes, he's one of them. he's put his name up there to be in the run for it. he's put his name up there number two player in the world. shot at going to number one if he continues his performance the way he's done. i think it's fantastic. it's healthy that we have these 21-year-old, 24-year-olds competing. tiger is turning 42 this year. we have a great balance. we have classy experienced guys. as well as a bookend on the other end. young upcoming who have no intimidation.
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they want to go out there and play. whether it's the green jacket or the up-and-coming u.s. open. so it's going to be an interesting next four five to six months to watch how the next three major championships play out. >> golf prides itself on being steeped in history. no place better to see it than the masters. it has all these rituals that go on each and every year. can millennials connect to that, or does it take a jordan spieth, or a rory mcilroy, a young player to bring the crowd in? >> we've seen the baby boomers carry the game of golf. but we have to look down to the millennials. we have to reach down to them. we have to get them in the game. the way to do it is social media. the way rory mcilroy does a phenomenal job with his social media. the way he reaches down to the young kids. that's what we need to do. we have to engage with
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them. you saw what hillary clinton did with how she launched her 2016 campaign with social media. so the millennials are the next generation. whether it's golf or politics or whether it's business. and we have to reach down to them. we have to make them feel welcomed. listen to them. we have the jordan spieths and the rories of the world will do just that. >> i agree. great to talk to you. i hope to talk to you again soon. thank you so much. >> thank you. >> we'll be right back.
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>> who says nobody makes house calls anymore? i'm not talking about doctors. sprint is going the extra mile and hand delivering cell phones. according to reports, the plan right now is only available in kansas city, followed by rollouts in miami and chicago. customers eligible for upgrades will be notified they can get their new phone delivered via more than 5,000 sprint branded cars. sprint has lost a lot of
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subscribers. many predict that t-mobile will overtake sprint in total customers sometime this year. hillary clinton arriving in iowa today for her first campaign appearance tomorrow. after proclaiming she will be a champion of everyday americans. but does she understand them? we asked the question on gerriwillis.com. 3% of you said yes. 97% said no. that's the topic of my "2 cents more." you know the sound of fingernails when you scratch them along a blackboard. that's how i feel when hillary talks about everyday americans. she makes them sound like some strange breed of human she saw on geographic special. she's detached. the clintons made $100 million since the clintons left office in 2001. detached because she makes $200,000 for every speech sometimes to goldman sachs. she hasn't driven a car to 1996. if you're looking for a candidate that can understand everyday americans, it's probably not hillary. that's my "2 cents more." stay tuned for "making
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money" with charles payne. he will have the marco rubio presidential announcement. you'll want to hear that. have a great night. ♪ (?) ♪ charles: i'm charles payne. you're watching "making money." marco rubio is expected to be the third candidate to formerly announce his intentions to be the republican nominee and the fourth official candidate. the son of cuban immigrants, he can be the youngest candidate. and promises to run a campaign based on the future. it will be at any moment. when it happens we'll bring it to you. in the meantime, joined by a powerful power packed panel today. with a lot of political experts. beginning with former reagan campaign manager ed rollins. along with hillary cramer. jim. and scottie nell hughes. the
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