we want to spend. we want to splurge, not crazy spend or crazy splurge but investors are willing to part at least some of that cash. not all investors and all of that cash, but enough investors willing to let go enough cash to get to where we are today. companies aren't much different. for years they have been cleaning up their balance sheet and they have had enough of cocooning cash sheets so they are spending money, too. many are buying back their stock or closest competitor like u.s. air or partner like comcast or taking themselves private. i call it the dip your toes in the water and feels play with the main characters spend money different ways but work off the same script. that things might not get a whole lot better so celebrate

not getting any worse. we have all hunkered down, paying off the bills and now we are ready to kind of part with it. it's not like we're partying back in 1999 but it's 2013, we're older and wiser and calmer convinced this isn't a boom but at least we're not looking at a bust. that is why we're putting only some cash to work. we remember the meltdown. this time not all of our money down. look in the mirror. it's us. we want to splurge a little bit and today we did. the dow is at a record, left or right, bull or bear, republican or democrat, it is a tribute to capitalism to say that we march on and look forward. we still buy america's future for today, all good.

this is a fox news alerted. nbc news is reporting that that venezuelan president hugo chavez has passed away. we have heard that his health has been deteriorating. it's been confirmed that the president has in fact died. so eric we go to you first on this one. big news and big news for the future of venezuela. arguably of the world. >> eric: a lot of implications, on foreign policy. he has never been a friend to america. he has done things that made us upset. he called george bush the devil of diablo. he will ship oil and get refined products. he was going to ship that china even though it cost him a lot more to keep it out of hands of the americans. if the reports are true, i guess

they are, i would say no love lost between united states and venezuela and hopefully the next regime, it will be more friendly more peaceful regime, let's call it market orientated. >> this could be a huge opportunity for the united states. do you think it is opportunity. >> dana: i think the opportunity exists for the people of venezuela. they have been living under this horrible dictator. i don't think he will be missed by anybody. i remember when they did a million march, a young man a fellow at the bush institute in dallas. he put forward a freedom initiative and targeted and thrown out of the country. he had to leave, what he did peel back the false layer that hugo chavez had put over the country that said everybody was happy with the way he was running things. they aren't happy and this could be the opportunity to change course. not just venezuela but i

would argue latin america. his health has been deteriorating for a long time. we haven't seen him for a long time and we saw a picture emerge. they were trying to say, waited, he is still alive, but he was very, very sick. >> greg: even fidel castro outlived him. how is that possible? i figured out his name is hugo and he died, sean fe7b, must be grieving. >> he met to venezuela to meet him sort of like the dennis rodman diplomacy. >> he was the first celebrity to cozy up to jerks. >> there are a few countries in centrality and south america that had options to go different ways the they could have gone into mainstream, colombia did that.

venezuela didn't could that. bolivia had tried to do it but the bolivian president hooked up with chavez and kind of went left with chavez. maybe now, central and south america will bring themselves back into a more flee trade group and more u.s. friendly group which would be very boon for the american people. we can buy their oil and natural gas. by the way, a lot of minerals, as well. >> they are very rich country in fuel. do you think this is an opportunity for the country. i know you worked with the state department. if you are the obama white house right now, what are you thinking. >> bob: first of all the longest death in the history of western civilization. it's been going on for two years. look, this is a country that is chock-full of natural resources. venezuela has been an ally of ours until chavez took over. there is strong opposition group

that may have success at the polling place. chavez is one of the few guys who did not leave an heir apparent. that will be a problem for his people. >> let's pretend you are back if in the white house. how do you think the white house is reacting right now? >> dana: it will measured and encourage venezuelan people to seek a free society. one of the things that chavez did was prevent them from having access to free media. cutting off the internet and only showing state sponsored television. this is what dictators do. latin america is just rich, not just natural resources but huge. a talent from sports to movies and also in business. i think this is great opportunity. if i were at the state department now, i would figure a way if it is possible to get some of our people in their

working with a transition government if it is possible to do that. they had an election not too long ago. there are some people at least that were brave enough under hugo chavez regime to come forward. maybe there is somebody in that group that can be pulled up to help. >> america send somebody to the funeral? >> not this one, i don't think. i doubt it. although john kerry, this could be the first big task of his tenure as incoming secretary of state it. >> remains who will take over in venezuela. there was an election few years back, it was widely thought that chavez lost but a couple days later, chavez technically won. whoever takes over, kind of interesting. there is an opportunity. president obama wanted to open up cuba. he wanted to get cuba away from a dictatorship and more of a democracy. maybe this time, maybe this by

chavez and castro passes away, when raul castro is more of a free market either, as well. >> also there is colombia and brazil and chile and we used to do the love trading with. >> it's a big opportunity special for the white house to support if there are pockets of people that want democracy now is the time to do it. hugo chavez, let's take a look back. >> hugo chavez, venezuelan president and political foe is dead after losing a battle to cancer. he underwent lengthy treatment for undisclosed form of cancer having three operations removing a tumor the size of a baseball from his abdomen.

it led to widespread rumors about his health and marked contrast of appearing on television for hours at a time, speaking and reading and occasionally singing. the son of two school teachers, chavez was born in 1954 and grew up with hopes of becoming a professional baseball player. instead he answered the military rise together rang of colonel and engineering a failed coup attempt. he was jailed but soon released and ran successfully for president in 1998. backed largely by venezuela's poor, he promised to spread the wealth from the nation's oil reserves. his role models was fidel castro and simon bolivar, even renaming the country. chavez introduced a new constitution and attempted to consolidate power but his

radical moves led to street protests and a coup attempt which briefly removed him from office. few days later he was returned to power with a bitter hatred for the u.s. government. >> he referred to the u.s. as the evil empire and branded u.s. president george w. bush as the devil during an address at the united nations and he warned his countrymen of an invasion of venezuela. hits his behavior was considered as clown like but he would win reelection twice relying on high oil prices to fund wide ranging ambitions at home and global counterweight to u.s. influence. in a nation of 30 million it was one man hugo chavez who controlled the presidency, the parliament, the judiciary and itself media shutting down any television or radio stations that were critical of his rule

and forging ahead with increased government control over the private sector. nationalize it became a catch phrase, pointing to a business or a building that would suddenly by virtue of his decree be under state control. he continued to enjoy strong support from the poor despite increasing street violence and one of the highest inflation rates in the world. when in good health he was a constant presence on state controlled television. his absence creates a vacuum of power which both supporters and opponents will no doubt try to claim. the big question with division between two sides so bitter whether any transition can be achieved peacefully. he was the 56th president dead from cancer. steve harrigan, fox news.

a look back at the life of hugo chavez. if are just tuning in, he has just passed away. eric, what about the markets. you saw during that video how he used oil prices to not just manipulate his own elections but push around the united states and push around other countries in latin america and the world. what could you think the markets are going to do? >> i'm curious to find out what the market is doing right now. here is the deal. venezuela one of the richest countries on the planet has about 2 million barrels of oil per day production. they refine a lot of the crude oil into gasoline and heating oil and sell it around the world. it will be great for our markets a little more accessible, gold mining, uranium, big push for more nuclear power around the world, a lot of uranium is mined in venezuela. my guess is these fuels will

start to come down now as long as we don't get another dictator in venezuela. >> greg, you started to tear up? >> it's amazing how professional they are right at the moment. they got them ready. whenever they talk about stuff, they use sporting equipment. what drives me crazy. why do men who describe themselves as champions of the poor always create more poor? they never -- the people of the people never do anything good for the people. it's just a phony tight form them to endlessly corrupt the nation. >> bob, you've been to venezuela before. any thoughts on the country? >> as eric said, it's ripe for good material. he was, socialist center in

latin america is gone now. he was the leader of the socialist movement in latin america and nobody could take his place. >> we are now talking to our own shepard smith. shep. >> good afternoon. we got the word from the venezuela vice president just about 15 minutes ago that president hugo chavez died today. he was 58 years old. now, i can give you a list of things that have reportedly gone on in the last few months and last couple years but the fact of the matter, fox news can't confirm any of it. we are led to believe that he went to cuba to be treated for cancer. that process took a long time. he came back to venezuela undercover of darkness and great secrecy. in the middle of the night he is said to return in the middle of night. there were pictures said to be with his daughters that were said to be recent but we can't confirm that. we were led to believe in the late hours, eastern time here,

that hugo chavez had developed some sort of severe respiratory problem that could be an acceleration of the condition he was fighting. i do know that today the vice president earlier in the day while chavez was said to still be sick and not be dead, they informed the world the united states had given cancer, that somehow we attending him with cancer and that there would be punishments of that attack of cancer. the successor had been named by chavez should he meet his end. that successor is among other things a former bus driver. there is a lot to wield in venezuela on the five this afternoon. there is lot of money. there is the largest oil reserve on the planet. the leadership role in latin america, steve harrigan has been covering for many years. steve, i guess the immediate concern from a world stage in

north america and latin america, what happens next. >> makes me nervous. steve to you in miami. >> what is next is really a question mark at this point. hugo chavez tried to lay the groundwork for a successor with vice president who you point out correctly is a former bus driver and high school graduate. we learned something about him when he said the united states might be behind giving hugo chavez cancer. so any hopes that u.s. policymakers had that this next chain of events would be better for the u.s. point of view is pretty much removed. this man seems in initial appearance on the world stage to be a hard line anti-u.s. leader. he is not guaranteed to be in power, but chavez picked him really in his dying days. madura will have to run in a snap election within 30 days. it's likely the chavez party will try to push for that

election while grief and momentum that has led venezuela for the past 14 years. we can expect to see huge emotional out pouring, no matter what you think of chavez or anti-american rhetoric he was popular inside venezuela, especially among venezuela's poor. time and time again he won popular elections. that being said, he amassed enormous power. this samantha controlled the media and billions of dollars in oil country. if he wanted to point to building and privatize that building was owned by the government. at the same time he won democratic elections, at the same time concentrated that power in his own hands for the past 14 years, he would make claims in the past, i wanted to rule for 20 years. it looks like no one in the opposition could defeat him at ballot box, cancer defeating hugo chavez at age 58. >> there was a time no long ago

when the people of venezuela were suffering vitally when chavez was taking private property and making it public property and leaving a lot of people who lived in venezuela, not necessarily the poor because they seemed to do quite well. but some in the middle there was a lot of unrest in that country. i wonder if this is an opportunity for any sort of change in your estimation, maybe the people get control of their own destiny. >> certainly that is going to be the push in the opposition. the opposition did have a good showing in one state with enrique. he came close to defeating him than anyone in the past. you are right that venezuela has serious problems under hugo chavez. it's a very violent country. homicide rate inside is caracas is one of the highest in the world and inflation is runaway. had you people buying refrigerators trying to dump

their currency. despite that, venezuela is af e. it has by survey the largest reserves of oil in the world. hugo chavez has been flee to use that money, almost to directly buy votes supplying medical care supplying subsidize the foods. he really spent millions of dollars to make sure he would get re-elected. so far that has been successful. now, the question is, can a man of enormous ability a man that was a natural on television, an entertainer, a performer, a man who generated great love especially among venezuela's poor, can he be followed by a successor who seems to look down and read from cue cards. his initial appearance came off as nothing but ignorant. >> shep: steve harrigan on the

death of hugo chavez. calling george w. bush called him the devil. he enhanced the lives to some degree of the poor in that country, but certainly keeping a vast wealth which is beneath the ground in venezuela from the vast majority people. dead today at 58. i'm shepard smith. andrea, back to you. thank you. so bob, you saw the video we played earlier of this dictator. he used to be able to claim any building he wanted. he was able to take out hour long broadcasts. is there any chance it could cause unrest in a country like venezuela? >> bob: this was guy that was put in a puppet for chavez, so this guy is not going to run venezuela the way chavez did. yes, its real opportunity.

>> major player in the world and don't forget. venezuela one of the strong players in opec, as well. we'll keep our eye on what opec does, too. >> i'm less interested in the benefit we get as americans than i am for the people there of venezuela. they have great opportunity there and we should help them achieve it. >> not a great endorsement for socialized health care for cuba. >> we'll keep you updated on the death of hugo chavez, dead at 58 years old. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal.

this is a fox news alert. fox has learned that venezuelan president hugo chavez is dead. he passed away this afternoon. we don't know exactly when he passed away, dead at age 58. as we get more information we'll bring it to you. president obama's poll numbers are failing. his approval is down 7 points from 53 to 46 and disapproval rate is up six points from 40 to 46 highest level since last november. news this afternoon, probably isn't going to help mr. obama. americans won't be allowed to get a tour of the white house starting march 9th. if you are planning to visit over spring break.

it's not going to happen. here is what you will hear. >> thank you for calling the white house visitors' office 24-hour information line. due to staffing reductions due to sequestration, white house tours will be calculated effective march 9th. we regret taking having to take this action.... >> eric: spring break, you can buy your own tour. >> then you can get a private tour of the west wing. who wants to see the east wing. it was so clinton era. is anyone really to believe that a government post sequestration with a budget of $3.64 trillion cannot afford to give tours to visitors of their own taxpayers that pay taxes to see the white house? i think this is something on the white house part. he could manage his way out of

sequester. he does not want to. now he is trying to manage it through childish tactics by saying we can't give you tours. >> they are self-guided tours. [ laughter ] >> i understand you have to have staff there. we are the united states of america. we are supposed to be the leaders of the flee world. we have to shut down tours of the east wing? it is absurd. >> by the way, just go to the ethan alan furniture store, it's the same thing. walk around a bed. this is passive-aggressive. it's like when your wife because you were out with your friends tonight, i forgot the dvr because i was heating at home. you don't want to direct your anger at the right person and express your real feelings. by the way, i think it was scar lot johanson that did the

recording. >> part of this thing, is across the board cuts and se questions trace because they don't have the courage to step forward and put together a program. in terms of the polls, every president that wins reelection, turns out the poll numbers go up for a while and then go down. >> i think the poll is racist. 54% rated him badly are members of the clan. >> they could have found some volunteers to come in, first lady, wouldn't that be a great pick. they could sell access or brand the visitors office like the verizon center. >> rename the white house. >> rename it. >> why don't we offer to give tours, do you think they would have us? >> by the way, tsa spent $50 million on uniforms that comes to $1,000 pertsa employee.

>> the good thing, as the poll numbers go down, so does his golf score. it's kind of fair. >> there are planes that are not flying today because of sequestration. >> we give money to egypt. >> all right ahead, god delivers heavenly ratings on the epic production "the bible." that is coming up. ♪ ♪ i don't ever want to be ♪ ♪ ♪ ♪ try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business.

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just a recap. venezuela. >> venezuelan president is still dead. they are reporting on the left wing campaign on college endowments to divest their

holdings in fossil fuel companies. it's affected 250 campuses featuring the crown jewels and hunger strikes. which leaves me to one point about student hunger strikes, let them starve because they could stand to lose a few pounds its movement to up end progress to which is goad for american come nation. look at the leader bill mcgiven who is blocking the keystone pipeline. it's abandonment of consuming forcing you to return to a communal lifestyle, no stores and no clean underwear. for climate changers was kind of a ruse to their primitive utopia. so far obama doesn't seem to mind. anyway, remembering how the goal of the radical islamists to force existence back to when mohammad walked the earth.

i endorse this divest. movement where they give up oil entirely. let the kids and their idiot professors freeze their marxist a's ses off this winter. >> that was fun. >> dana, do you think colleges will actually go for this kind of idea? >> dana: i think there will be a lot of pressure from the students for them to do so. it is assinine and they are making their own bed. it follows something else, which stockholders and the meetings of this these big companies being overtaken by environmental cooks. >> how can you run a college, you need fuel to run a college. >> bob: it reminds me people

that divestiture during apart hide, think think are plenty of stocks can invest in without going to the oil companies. >> what is wrong with oil? >> these are some of the best companies to invest in. exxon is one of the last aaa rated companies. they pay dividends. if a lot of people look at the retirement funds they are invested in it for a reason. it is a stupidest thing, even they use fossil fuels at some point of a day, or to go to a phish concert or get on the ipad. they all use it. the oil companies, they pay a lot of taxes. they fund the welfare state. this is unfair to future students to do this to financial health. >> eric: i think it will be hilarious instead of investing oil companies, exxon mobil is up

9% a year, go ahead and invest in solar companies. see how that works out over the history they go from here to zero over the period of time. honestly they c more stupid to out of oil and some of the alternatives. >> greg: 72% of the student body at harvard voted to demand divestment. >> you can't get 70% of people to agree on a mother's day resolution. oh, yes, we are the generation better than all others and not use any oil. >> its cause until they get their internship at their dad's law firm. >> they are getting lazy. they don't want to go to occupy protest. the way of threatening and

wagging the finger. >> greg: media reports on the protests but not reporting the ideology which is profoundly anti-american ideology. >> that kind of profit making, a lot of things they care about, take care of hiv-aids in africa that is where the money comes are from. >> greg: how to fight back at bullies at work. dana has perfected a karate chop ♪ i just want to feel your love tonight ♪ ♪ i don't want to lose your love tonight ♪ ♪ ♪

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>> welcome back to the five. greg is kicking me in the hallway. it happens to us. there is growing push to end this antagonizing behavior at work. more than a third of americans have been bullied at work and they are considering anti-bullying legislation, other states may follow suit. why are you lasting, greg. >> greg: i ignore bullies especially when they talk about their dog. what a great problem to have in america. having a workplace bully means you are at work, you have a job. that is a good thing. a lot of people would like to have this problem. the real bullies is coercive government that tries to take money out of your pocketed. what a bully is somebody that wants something from you. >> bob: or school yard bully, what is the definition? >> dana: it's mean girls that grow up. it's that kind of personality. that is what i was wondering.

i could understand how this could cause stress and insomnia and all the things we don't want at work. but are we trying to legislate away something that is human nature. how can we put legislate workplace bullying rules? in this company there are rules against bullying. >> which you violate. somebody blows a whistle. i'm guessing that is where we're headed. you and me, dana. >> dana: it would open up for a lot of possible lawsuits, probably most of them frivolous. if you are the bully and you don't realize it, bob? >> bob: why did you direct that question to me. i used to be anti-bullying guy even back in high school. >> dana: i don't like to be square. i just wondering people don't

realize they are bullies at work >> bob: when you have sexual harassment and men trying to move up the ladder and bullying them not getting a good job. that is definition of bullying. >> dana: what do you think? >> andrea: i think this is very serious issue. i think particularly what bob referenced in male-female scenario or even female-male scenario. you could have a company manual but there is no recourse for company manual. companies can say, we pledge to have these policies, but there is no force and effect with them. you actually need the legislation. you can be an employee and break the harassment law but there is no recourse unless you break the state law. >> eric: you are lumping sexual harassment in with bullying. >> andrea: i'm not. there is a lot of harassment

laws on the books. this is something very different from that, because a lot of bullying doesn't have to be sexual. >> eric: i could be nice to somebody. >> andrea: you don't have to be nice to them but they are talking about threatening emails families bully other families and doesn't follow under the jurisdiction of sexual harassment and i think it's frivolous but think it's a lot of propaganda. >> one of the greatest business icons on the planet who recently passed away, steve jobs was not a nice person and i would rather work with not a nice person that makes a great life for me. i can live with that. >> bob: am i going to get sued? that is my point. you have to be able to disagree with someone. >> people are taking the word bully and attaching to other people. there will be school bullies, every now bully is the phrase

you attach to everything like internet addiction. >> really bad cases, they will be prosecuted. frivolous ones will not. they are not going to get settled because they are frivolous. >> dana: i would say if you see it at work and try to help before we need laws. >> a lot of lawsuits are still frivolous. >> they spend years in court. no lawyer is going to work for free to try to get a settlement. >> insurance companies, they sit on their money. they spend more money to fight this than to settle it because they don't want the precedent. >> dana: what is not a hoax is e-block. i'm talking about the bible the show on the history channel. huge amount of viewers, 50 million, and bob has a theory

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♪ ♪ ♪ ♪ >> bob: i don't have a clue what that song was. >> wham. >> the bible was a huge success. the epic brings the book to life with scenes of creation of the earth and more. here a sample. >> in the beginning, god created the heavens and the earth. the earth was a formless void and darkness covered the face of the deep and god said, let there be light.

>> bob: you know i have a theory why so many people attracted. it takes me back to obama and first campaign, guns and religion. >> i thought you were going to say.... >> bob: people cling that their religion when they are in bad economic times like this. i think you find people looking for spiritual guidance. that is why churches are getting more people and i think it's a good thing. >> did you admit we are in bad economic times. >> bob: relatively. >> eric: so sunday night, big night, i believe it was 8:00 eastern and 9:00 another production, celebrity apprentice and walking dead was on. i was completely trifurcated. >> bob: were you drunk? >> eric: picking between the three. is this the series that gets

played every single year at holiday time, ben hur. >> bob: anybody else have a view. >> the book is usually better than the movie. it's a good reminder to revisit the story that helped shape your faith. i have a children's bible. i loved it and pictures in it. >> bob: what about you. >> andrea: they marketed it very well, but the point of this, we heard right and left that christianity is dead from newsweek. we heard them elevate christians as freaks and todd aikens have been glorified but the bottom line christianity is alive and strong. there are the lot of believers and should not be disrespected. >> bob: greg really doesn't care. >> greg: you are skipping me? >> bob: go. >> greg: the portrayal, lord and savior resonates with millions but enough about obama's press

conference. [ laughter ] >> greg: can't believe you are trying to skip me. how lame is that?

♪ ♪ ♪ >> it's that magical time, called one more thing. >> eric: i was doing going to do this thing on celebrity apprentice, hugo chavez is dead at age 58. but democratic congressman from

new york tweeted just a couple minutes ago, hugo chavez was a leader that understood the needs of the poor and committed to empowering. mr. serrano who suggested that barack obama not have any term limits, that he could be president of the united states going forward forever as long as he lived. mr. serrano, no, higo chavez was a leftist dictator that was not a friend of the american people. >> our old buddy elton john is on a tour in brazil. he insisted in having an entire suite besides himself for his glasses. then he wanted two six feet tall with red roses and white roses. you want to know, you are an elitist in the industry. >> your dressing room is nothing like that. >> bob: i would say