in one thousand nine hundred three a philip morris p.r. flack wrote a memo outlining a strategy for fighting any new taxes on tobacco or pollution by joining up with other anti-tax groups to create a new boston tea party memo reads grounded in the theme of the new american tax revolution or the new boston tea party campaign activity should take the form of citizens representing the widest constituency base mobilized with signage and other attention drawn accoutrements such as lapel buttons and outs petitions and. even costumes ultimately the tobacco companies failed and were hit with a massive two hundred billion dollars settlement in one nine hundred ninety eight but in two thousand and two the david koch's c.s.c. purchased a website usa tea party dot com or us tea party season eventually plans for this tea party were put on hold after all a republican corporate is george w. bush was in the white house and republicans were in control of congress. but after the banks has crashed our economy and the democrats swept into congress they revive

philip morris fits that bill of a high quality, dividend paying, dividend growing company.itely fits in our thesis before. it also fits in the thesis surrounding the growth of the emerging market consumer. much of their sales are to emerging markets. the growth there as consumers make more money reality is they will spend more money. good habits go along with the bad habit. smoke is one of those, once people make more money they have the propensity to smoke a couple extra cigarettes, philip morris a big risch -- beneficiary of that. ashley: of course. they saw inflow $17 billion, according to a the latest numbers, 40% of the money went into international and global funds. you think that's a good move? >> we do think it's a good move. international valuations whether in the developed markets or in the emerging markets are relatively undervalued compared to the u.s. you know, the developed markets obviously for reasons in japan and europe. in the emerging markets really there isn't too much of a good reason there, other than that's kind of where they have historically been. a

his clients range from former vice president al gore to philip morris, to the national geographic society, and he is listed in the 2011 edition of the best lawyers in america. his cross-examination of an expert witness in bush vs. gore made the front page of "the new york times." he has a framed in his office. he was the youngest attorney and first hispanic to serve as president of the florida bar. he was chair of the ethics commission and served on the orange board committee. in the aba, he has been a florida state delegate, chair of the house of delegates, our policy-making body, served on the board of governors, and is a fellow of the american bar foundation. as the aba president, he has led national effort to protect state courts, improve civics education, and fight cuts to legal aid funding. it is his mission to make equal justice under law a vibrant living reality for everyone, not just four words carved on the facade of the supreme court building in washington. mr. zack is a passionate and tireless advocate for liberty and justice for all. as he wrote in a letter in today's "daily

in one thousand nine hundred three a philip morris p.r. flack wrote a memo outlining a strategy for fighting any new taxes on tobacco or pollution by joining up with other anti-tax groups to create a new boston tea party memo reads grounded in the theme of the new american tax revolution or the new boston tea party campaign activity should take the form of citizens representing the widest constituency base mobilized with signage and other attention drawn accoutrements such as lapel buttons and outs petitions and even costumes ultimately the tobacco companies failed they were hit with a massive two hundred billion dollars settlement in one nine hundred ninety eight but in two thousand and two the david koch's c s c purchased a website usa tea party dot com or us tea party season eventually plans for this tea party were put on hold after all a republican corporate is george w. bush was in the white house and republicans were in control of congress but after the banks has crashed our economy and the democrats swept into congress they revived

philip morris. i think it will have a few goods months ahead. >> all right.o jonathan? >> i'm looking at some of the smallest financial names. names under a billion dollars in market cap. there is not an etf that tracks them in particular, but wmcr, this is a good diversionification if you just own big stocks, this is the smallest of the small. strong on the charts. i like it right now. >> small is beautiful. gary, can we set a new high on the markets next week? >> doubt it. i think we're going to muck around and correct more. down.re going all right. thanks for that. thanks to all of you. that's it for the cost of freedom block. thank you for joining us. i'm see you on the willis report weeknights on "fox business" network at 6 to 9 p.m have a great weekend. >> hello, everyone. kimberly guilfoyle and the rest of the gangth and this is five". >> america is on the brink of yet another fiscal fiasco and washington is again at a stand still. this time over a series of w automatic spending cuts due to hammer our economy on march 1. not helping matters is president obama's f

philip morris talked about how they can't get revenue growth in europe. if you can't sell an addictive product and get revenue product, there's no way you're going to sell cereals and get revenue growth. therefore i'm a bear. >> listen. coa cogent. that's what makes markets. that's the essence of this business. >> capitalism. >> that's why we have to go to our panel to the left. surround that trade. steve grasso. >> surround it. >> dr. j? where do you cast your vote? >> well, i think if indeed the consumer is feeling strapped somewhat by the payroll tax going back in, being implemented again, then i think that hurts a lower end product like a cereal much more than it does the higher end products, so, i guess i'm going to side with the bear. >> way to go. >> victory for brian kelly. >> that's it? you don't get -- >> no, i decided. >> get sallie back here. >> she's going to love you after that hoya comment. nice. >> she'll never come back again. all right. let's go to brian sullen and you're taking a look at how options traders are playing gis. >> i think b

phillip morse wants to be a part of this -- philip morris wants to be a part of this. >> that's not somethingreseeing right now. we're keeping focused on our mission which is to obsolete cigarette, and it's a bold, audacious goal, but it's something we're very focused on. we say obsolete because we think of ourselves as a technology company. liz: i would be remiss if i didn't ask you are you in a way, i know you would never market to little kid, but kids would say i could look cool with a cigarette. are we creating a whole new group of people who will eventually need different types of health care that cost money? >> in terms of the first question, we're the only cigarette company to join the we-card program to make sure there's age verification at retail. liz: good. >> we sell our products in nonself-service displays to make sure or anyone who isn't age verified can't purchase it. so we're very serious about age verification. we support all laws that would ban the sale of electronic cigarettes to minors. and in terms of, you know, because we're only focused on adult-committed smokers, we're

we think that strength continues. 35% of that consumer state will's index is philip morris, coke andcter & gamble. that stronger dollar is going to provide a headwind for over one-third of this etf. at an all-time high, that's where you want to be selling. >> there you go. rich, heather, thanks for joining us today in your thoughts. >> thank you. >> talking numbers. >> we're in the final stretch here. 35 points higher on the dow jones industrial average. just about 30 minutes before the closing bell sounds. >> remember, we need to be up 89 to be at an all-time high. that's knot going to happen is this rally for real, i ask. our next guest is suspicious and warns that this looks like a falls breakout. that bearish call is coming up next. >> also, stay with us. dallas federal reserve president richard fisher is joining me warning the fed is risking stimulus overkill. he'll join us exclusively to explain why. that's later on on the "closing bell." >> the great hawk on the fed and be sure to catch cnbc's new primetime lineup including the reality series "treasure detectives" where expert