the president calls for patriotic profit supposing tax loopholes while the markets hit new highs is the corner office even listening? >> my attitude is i don't care if it's legal it's wrong. >> a look at america's role in a world with renewed conflict. former secretary william cohen on the cost of prices in europe h and the middle east. holy billions batman. one of the richest superheroes turns 75. why the caped-crusader is a big winner in gotham and around the globe. and hitting the road in a new car. what's the right call. "on the money" starts right now. "on the money" now, becky quick.

here's a look at what's making news as we head into a new week "on the money." mixed markets as global concerns in gaza and ukraine compete with a mostly upbeat earning season. the doi was lower before rebounding and then teaming the heat of continued unrest but week's end. but the s&p 500 hitting new record highs three days in a row by thursday. companies beating earnings expectations this weaken clued apple, starbucks, visa, ford, boeing, coke, pepsi and caterpillar although cat fell short when it came to revenue. missing expectations were microsoft, does kiunkin' donuts facebook hit an all-time high after reporting rntion and revenue on the strength of the mobile ad business. mark zuckerberg said facebook has hosted more than a trillion user posts. another wraul from gm this week and a $2.5 billion in pretax charges for recalls and a

victim compensation fund. it all made for a tough second quarter at the automaker. profit was down 80% from a year ago. we have another busy news week. what does it all mean in what used to be a sleepy summer season in wall street? when bite and alison deans, chief investment officer at crt capital. thank you both for being here. the president made his feelings about corporate tax inversion pretty well known. take a loon -- take a listen to what he has to say. >> if you're doing business and you're an american company and you're changing your mailing address to avoid paying taxes, then you are really not doing right by the country and by the american people. >> what do you think, ben? >> inc. i think this is a pretty cynical political approximateli. this is inversion where companies nominally move overseas to lower their tax burden. the white house put no weight behind any of those proposals and he comes out with this

proposal which all it would do is essentially disadvantage u.s. companies who already pay the highest global corporate tax rate already face u.s. tax rates on their overseas income and they do it basically because congress and the white house have not been able to do broad tax reform. you do it in a one-off and add to an already 70,000 page u.s. corporate tax code, a complete mess and they'll find another way to get around it. get acquired by a foreign company or find other loopholes to go through. this would not help our corporate tax system and i think obama is trying to score political points by wrapping patriotism. >> alison, do corporate leaders hear this? what do they think about it and how do they respond? >> my sense of the responders of what you said is however, i think there's something wrong. grant it, i agree we have way too many hope holes. if you get rid of those and lower the corporate tax rate testimony make us very competitive. i think it's something wrong with making all of your money in the american economy without

paying taxes that are lower in other country country. then you should perhaps try to do the same business you generate in the united states in other countries. >> what these companies are doing, they're trying to tell with their overseas income to get taxes at the u.s. rate. a risk that if you do an inversion you'll use other transaction to have lower taxes on your u.s.-based income and that's wrong and there's proposals to deal with that issue and not the larger issue of the fact that you pay an overall 35% corporate rate plus a state rate getting to 39%. what these companies are doing is essentially acting in the interest of their shersz aareho and employees. they will have less employees and less overseas employees so it makes sense for them to do this in some instances. >> my biggest problem with the corporate tax code is big companies can use the loopholes to get around thing. they can use tax credits and do inversions and move overseas things that small companies here in the united states can't. anything that takes off the pressure to revamp the tax code

and make sure it's fair for all companies here in the united states. >> what might be interesting is with the pressure coming from obama, albeit it's political, it might make some of the big corporation who is have been so much working on keeping their loopholes, the specific loopholes in place, coming together and say, we're willing to give up the loopholes if you lower our overall tax rate but if they might make a lot of noise if they're still benefitting from the loopholes. >> that's why it takes a concerted effort on the part of the white house with congressional democrats and republicans to come up with an agreement to lower to corporate rate, get rid of the loopholes to people pay the corporate rate whatever it is, the 25 or 22%, whatever you agree on. 28 or whatever. in any event gets lower than 35. more competitive with europe than other nations and lower their corporate tax rate and add on to that some spending on infrastructure, the democrats would like to see it as a swe sweetener for them. the democrats the problem is democrats always insist on getting a whole bunch of new revenue if you're going to lower the corporate tax rate so do it neutral way. it doesn't increase revenues but

lowers the overall rate and keep the tax revenue neutral and get some infrastructure spending. it seems like a deal that could get done that needs presidential leadership. >> let me ask you about earnings season. we've had great earnings report. much better than expected. i felt the narcotic is fairly valued. i've been worried we could be headed to a pullback and the thing that caught me by surprise are earnings are better than expected and top line is better than expected and that could hold the market up in the face of some global issues going on right now that could be cause for concern. >> and there are some massive global issues geopolitically. i've been surprised the market is not more concerned. >> at the end of the day and crazy as putin seems and i think he is. he won't do anything to weaken their outlook because that will create stability he can't control. we'll wind up having a war of word and it won't get that ugly and maybe he'll bark off. it seems like that's what the

market is thinking. >> alison, ben, thanks for coming in today. >> thank you. up next, we're "on the money." when conflict zones heat up around the globe, what's the economic and political impact here at home? former defense secretary william cohen is here. and who knew crime fighting was so lucrative? how batman is still taking down bad guys and turning a profit rat an age when most of us would be enjoining our golden years. as we head to a break look at how the stock market ended the week.

temperatures are rising in several parts of the world from israel to ukraine. the u.s. is trying to keep up but how much can be done and what's the impact. joining us is normer senator and secretary of defense under bill

clinton. william cohen. mr. saek tear thanks for joining us today. >> good to be with you. >> is it me or is the world definite a more dangerous place than it was five years ago. >> i think it's must have more dangerous. you've seen various spots around the world, certainly, in the middle east, iraq, afghanistan, syria, also, ukraine. so, it's a much more dangerous place because we've seen what i would call the democratization of terror. weapons are now in the hands of nonstate actors. those nonstate actors don't have the same rules of engagement or sense of responsibility about restraint and when and how to use those weapons. and as we tell that more and more people are placed in greater danger today. >> how does the u.s. have to change its policy and strategy to keep up with the changing world like that? >> i think the u.s. has to continue to exert leadership. frankly, i would hope -- i would have hoped that the president would have gone to the funeral services of those who were

killed on the malaysian flight 17. i think it would have been a perfect opportunity to show a shared sentiment and sorrow with the innocent people who were killed as a result of the shootdown of that civilian aircraft. it would have been an opportunity for the president to stop in europe in brussels, gather all of the nato countries together and say, we've got to take action. to send the signal that this kind of activity taking place now in the eastern ukraine is unacceptable. president putin who has been supplying weapons to the rebel groups, who now most recently has been been accused of using russian troops to fire across the border into ukraine has got to stop. it's a real missed opportunity on the p united st not to take advantage or try to rally our european friends in a way that would send a signal to president putin this has got to stop. >> i wonder if you've been surprised by the idea that putin seems to be stepping things up instead of stepping back after the malaysian airliner went

down? >> it's really a finger in the eye of the western world to say he's not concerned about what the public reaction is. if he were concerned he would have much more generous and gracious in his comments about what's taken place. move quickly to allow the international inspectors to go in and stop the looting that's taken place on the ground as far as the dead bodies were concerned. the way they were treated. he didn't show much in the way of statesmanship but rather, his kind of approach to international politics today which is simply, power politics, brutal shutdown and crackdown and very little in the way of showing that he wants to be a part of the international community. >> what about turning the situation to what's happened in israel? it's been nearly three weeks since violence really stepped up between hamas and israel. at this point it lookslike there's not an end in sight. john kerry did tour the middle east this week on an sentence 1i6 mission for a cease-fire between the two sides. diplomatically what can the u.s.

realistically expect to do here? >> not much for than secretary kerry is able to achieve. the fact is, until the rockets fired by hamas stop, the israelis aren't going to stop. the israelis are going to push into gaza and that means urban warfare and that means more and more civilians are going to be killed and that means the leader of hamas who's now safely ensconced in qatar, a nice place for a leader to be as opposed to on the ground. it seems to me unless the rockets stop the israelis aren't going to stop and there's a huge advantage on the israeli side militarily, even though it's guerilla warfare, hamas is prepared to sacrifice more and more innocent civilians if that's what happens during urban warfare. >> this week the faa stopped flights into israel wore the two days because of increased violence. between that and the malaysian airlines plane being shot down i wonder what you think all this heightened security and all this troubled and conflicted areas what it all means for civilian

commerce for things like airplanes and international travel? >> well we're going to have to do much more improvement in how we check in to airports and what the requirements are going to be. for example, there are elements of al qaeda, their offshoots that could be isis. it did you want matter which group. they could be coming from yemen or any place. but they are determined to turn american aircraft or international aircraft into flying missiles. that's why we have a most recent advisory put out, they've -- make sure your cell phones are charged when you check into an airport because we have discovered that there are methods under way utilized by these terror groups to try to bring down aircraft wherever they are flying into the western world. so that means more precautions and a greater effort made to eliminate terrorist wherever they may be. >> secretary cohen, i want to thank you so much for your time today. >> good to be with you. >> again, will yaim cohen. up next, we're "on the money." 75 years later, the

caped-crusader fights on in television film and video games. why have you used to sleep like a champ.

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batman is turning 75 and they have a new movie and television show slated to come out. why do superheroes have such longevity and does this bode well for the future of comics. jim lee and dan didio are joining me. guys, thank you very much for being here. >> thanks for having us. >> jim, let me ask you. why does batman still resonate with fans at age 75? >> the art form of comic books has invited different generations of creators to do their version of batman to contemporary him and different batmobiles introduced and different villains so that way he's always been kept up to date and the batman we all know and love is the batman that's out there now. so every generation has their own batman that they can embrace. >> dan, i was looking at this. are you wearing a supermanhattan? is that really superman? it's batman's birthday. >> listen, i know it's batman's birthday be superman has to be represented, too. i thought, you know what,

everybody knows batman is the number one character but the thing for us is we like to celebrate all of our characters. >> we're shotlighting superman's 76th anniversary right after this. >> i know the comics redo the batman and other comics three years ago. you guys have had lots of new storylines in there. is there room for new superheroes are if fans only interested in hearing new storylines about their favorite old characters. >> that's an interesting question. for us there's a lot of things we enjoy and we're trying to keep our characters contemporary and trying to refresh them. you have fans of all ages at these shows and the best part about it is these characters are such a wide breadth of ages and interests and we try to keep them as accessible to people as possible. >> how are people reaching out these days? i know you have these five new television shows that are coming out but you is also have digital books. it seems to me like this is constantly changing industry. >> it is. but actually, comic books have

never been healthier. we've had the 'print side and the digital side. the digital channel, we found that it's really -- we kind of put this in everyone's pocket or in their phones or tablet so when we go out and batman -- we're celebrating the anniversary and talking about the tv show and the batman of 1956 tv show and the video games. we're talking about comic books. so people are actual ably know we're still publishing comic books and a great way to bring people into our business and making them fans of the books themselves. >> i love the idea of comic-con. i've always wanted to go and i've never been there. i see you have two storm troopers there. the kid from "the walking dead. "i saw a gladiator and a bunny rabbit. what is that place like? >> for me this is my 22nd comic-con. jim has actually gone -- you said 28? every time we come here it's like the first time. there's something brand new. yesterday was a big thrill for me. we met adam west. that's the first time.

>> no way! >> yes. i'll tell you, it was -- it was a boyhood dream. >> i think all the people in costume really fade and become part of the background. you don't though miss it. the ones that stick out are the guys in business suits and you're like, look, guys. >> you're playing a bad guy. >> that's right, dan and jim, i thank you both for you time. next time, dan, you better wear a batman hat! >> yes, i promise, i promise i will. >> gentlemen, thank you. enjoy the rest of comic-con. up next "on the money", a look at the news for the week ahead. and leasing or driving a new version of the car this summer. is it the right way to go or would you get more mileage out of buying outright? military families are uniquely thankful for many

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for more on our shore and our guests go to our website otm maps in motion cnbc.com. here are the stories coming up that may impact your money this week. more earnings are on the way. we'll be hearing from exxonmobil, go pro, ups, twitter, aetna and procter & gamble. tuesday kicks off the meeting on monetary policy and also on tuesday, the s&p index is due. on wednesday we get the advanced estimate of the gross domestic product for the second quarter. thursday, congressman eric cantor will step down as house majority leader. on friday, motor vehicle sales for the month of july are out. also on friday, it's the big number of the week, the jobs report. and finally, families of the

victims affected by general motors faulty ignition switches can begin submitting their claims for compensation on friday. more than a quarter of consumers are leasing cars instead of buying them. about 26% last year according to edmonds.com, that rose 28% in just the first quarter of 2014. so is leasing or buying right for you? personal finance correspondent sharon epperson is in the driver's seat for you. it's a big question. >> it is. buying a car is usually the second largest purchase a consumer makes after buying a home so it's important to know what you're getting. whil leasing is a good option for some others may not wrooish because of credit requirements so before leasing there are several factors to consider whether it's the right option. >> assuming you do call ni what should you be looking at? >> let's look at the pros of leasing. when you look at -- a lot of folks want to loose because they want a new car all the time and if fact you can do that is the biggest reason a lot of folks go into a lease but there's a couple of other things to

consider. when you look at the payments you're going to make your lease payments are often going to be low with no down payment. so that's a financial option that a lot of people look at. also they're looking at the sales tax they have to pay. they pay sales tax on the entire purchase but you only in some states have to pay on monthly payments. that could be a big deal. and then you also, of course, as i said, you want to drive the latest model and change it over every couple of years and that's a big reason. in terms of system of the disadvantages, there are some that you want to consider. you don't want to say, it's going to be a lot cheaper for me to lease the car because there's other things to think about. you're always going to have car pam payments during the time of the lease. you'll have higher insurance premiums and this is the when i learned the hard way. driving from new york to new jersey. that mileage limit is serious. and when the lease is up and you of eve e gone over the mileage limit you don't want to pay the menity. >> that's the thing that always kept me from leasing a car. i think a little too much. >> there's advantages to buying as well. one of the chief ones there is

that you're going to own a car eventually and so then you won't have any car payments and that will be great. no mileage limits and your insurance costs are generally lower when you're buying. but then, again, those monthly payments that you make when you buy that car, you have to consider that and if you can make those monthly payments if you have to finance it and they're in higher that's something that a lot of folks confer. they're also looking at that down payment and the sales tax. and if they can really afford to have that money outright at the beginning and the depreciation even though you own the car, the value of it goes down year after year. >> if you are in the market for a new car if you're thinking about it, when's the time to be shopping around? is there a special time of the month you should be looking? special times of the year? >> you always want to look when the new models come out. and at the end of that cycle by that last year's model you're probably going to get a cheaper price. you also want to think about in terms of leasing there's usually not the same type of seasonal deals with leasing. look out for those car deals and look for them trying to get rid

of enventory at the end of a month or quarter or the end of certain cycles in terms of the model years. that's when you get the best deals. one of the best deals probably can be buying it on december 31st. you get a great, great deal then. >> that's a good tip. sharon, thank you. >> good to be here. that's the show for today. i'm becky quick. thank you very much for going me. my guest next week is aetna ceo, mark bertolini. each week keep it here. we're "on the money." have a great one and i'll see you next weekend!

is 2 new photo. beyonce jay-z rumor to rest. let's hope.so hi everybody. welcome to "access hollywood", weekend edition. be on say the power of image speak for her especially one in particular. >> lady b? >> let's go get them. >> presenting united family front in this break up rumor she instagram the shot where she and jay-z together swing the 2-year-old daughter blue ivy. then this picture bee open say just posted of her as rosie the riveter with the we can do slogan. the icon image with the contrib