a. gerri: good to see you. >> a pleasure. gerri: more to come including a new way of looking at college and if it is really worth the cost. another uninnded consequence of obamacare as cancer treatments become all but impossible as cost for certain drugs skyrocket. certain drugs skyrocket. we will have the latest. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so mh that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. [ male announcer ] from the w the bristles move to the way they clean, once you try an oral-b deep sweep power brush, you'll never go back to a regular manual brush. its three cleaning zones with dynamic

and it has a great impact on futures. gerria sharper issue is the lack of rising income and the decline in income per household. i think that that is the problem. but the fact that women are working and earning. lou: did you not hear what i said? lou: $23,000 is what 62% of those women made. that is exactly what we are talking about, good lord, gerri. gerri: i think women are doing a fine job bringing more money home. speak you put your banner up. gerri: they are going to school and getting a degree when men are not. let's promote your show tonight. why don't we promote your show tonight. lou: i think that is what we have been doing. [laughter] lou: tonight we are talking with a former department of justice attorney kristin adams. he has inside information into attorney general urkel mismanagement and his possible future. that's coming up at the top of the hour. gerri: thank you, lou. have a great show. well, whoever is the breadwinner in your family, unfortunately looks like they won't be able to give up the gig anytime soon.

a. gerri: good to see you. >> a pleasure. gerri: more to come including a new way of looking at college and if it is really worth the cost. another unintended consequence of obamacare as cancer treatments become all but impossible as cost for certain drugs skyrocket. we will have the latest. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ at od, whatever business you're in, that's the business we're in with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to mak your biness our business. od. helping the world keep promises. gerri: via rages costabile obamacare is mounting and the s

get mom a lucid 2 by lg for free. gerriu made the deadline to file but now you realize you've made a mistake gerri: you rush to get the tax is in now you realize you've made a mistake. you're not alone 2 million taxpayers made 3 million mistakes it turns a you can't fix them but how? twenty now was a managing director. rich, good to see you. what are the most common mistakes? >> not fighting with the 1099 or w-2 as lots of pieces of paper that you missed your 1099s corrected especially those people filing early by february to get the refu then months later that is the way life is you might have to amend. >> does the irs only really care about the hairs that give them the advantage for you to be a bigger check to them or do they pay attention to everything? >> it is not intentional but the irs domino's certain things and the things that are filed with them that 1099s nw twos. gerri: if imus a deduction they don't care. >> they may not know if you make a charitable deduction for medical expenses they will not know they don't

a test drive. we're on the case. "the willis report." gerri: our top story moorhead's role at the irs a second high-ranking official is out and he was in charge of the division at the center of the current storm. so many scandals working with public confidence in our institution, financial and public have been shaken to the core. with us now former massachusetts senator scott brown and one of the most respected poll come on wall street teddy weisberg. welcome. we found an opinion poll on the irs to people trusted? unfavorable from 59%, up 21 percent favorable. are you surprised? >> it is a little higher than congress and that is 13%. [laughter] there is the expectation when you give the irs documents they will be held safe and secure in not transmitted were used for political or tactical advantage and they have preached the trust ironclad the president has m decisions to get rid of these people and i think there's more coming within days to be a open dialogue and transparent analysis of what they are doing and why. gerri: this is in no fit peo

one traveler at a time. gerri faa's oversight of hundreds of repair station servicing jet airliners is ineffective. the report says the faa is not targeting stations most likely to present safety risks and they are outsourcing most of the work overseas. is the government playing fast and loose with your safety? bill says they do that with everything in the ivory have problems in this country. robert agrees. the government is too big to be able to efficiently run anything. if something bad happens, they will point the blame away from them or regulate it to death. i agree with you, robert. we also asked the question on gerriwillis.com. 92% said yes, 8% said no. finally tonight, nevermind. the suppressor was that happened back on march 1. the food and drug administration warned that the food safety would be compromised. and forced to furlough inspectors and who knows what americans would end up eating. well, like i said, now they are the washington examiner is reporting that the cuts will be made for other expenses l

can i touch upon it for just a second? gerrise do. >> it gives an investor systematic way to take the guesswork out of trying to manage money. anytime you can take emotion and guesswork out of managing money you are in a much better position. for those who don't understand what rebalancing is, i will make it super simple. imagine in the pizza pie you have four different sectors, stocks, bonds, u.s. stocks, emerging markets and international market. let's say the way i set up my portfolio is each sector represents 25% in each slice of the pie. the u.s. stock market exploding and grow. a lot of people tend to let that ride as we all know, the market cycles come and go. what is up today can be down tomorrow. instead of letting it grow and the chances of it going down in the future, you should take emotion out of the equation and take the prophets out of the u.s. stock market and use it to buy into other sectors that aren't doing so well. if you don't get emotion in the mix, should allow you to sell high-end buy things low. gerri: t

it's a set of numbers. gerrit. >> it's when you -- it's hard to explain it in a short interview. it's a process at takes a limit of time. it's just like anything in life. if you really want something bad enough, you have to be willing to spend spend time and effect on it. gerri: you have. what do you think a computer generatedded numbers, that's bad? use the same number over and over again; right? >> yeah, don't buy quick picks. i know people out there saying, what do you mean don't? i always buy them. well, have you won yet? the reason w you don't -- the reason why you don't is because every single time you do so, you're getting a computer generated set of numbers, a it's always different so your odds will be at the worst. gerri: right. keep the same set of numbers every time. now, you say something here, i just -- i really hate to hear, really. you sa buy as many tickets as you can fore. really? that seems like a waste of money to me. a penny pincher. >> no, no, no, the keyword there is"afford," i'm firm about

don't fall for a pretty face. gerri: always good to see you. you're not just a pretty face. smart, too. thank you. >> my pleasure. gerri: oh, my gosh. when we come back, temperatures return. the will tell you how to protect yourself this season. next netflix today the rice to thousands of movies and shows that may be a favorite. we will have the latest. we know a place where tossing and turning have given way to sleeping. where sleepless nights yield to restful sleep, and lunesta eszopiclone can help you get there, like it has for so many people before. do not take lunesta if you are allergic to anything in it. when taking lunesta, don'drive or operate machinery until you feel fully awake. walking, eating, driving or engaging in other activities while asleep without remembering it the next day have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness, agitation, hallucinations or confusion. in depressed patients, worsening of depression, including risk of suicide, may occur. alcohol may increase these risks. allergic

want to make a big splash by slashing prices. gerri: it makes sense. is beginning to look like something of a trend. nissan, gm cut prices. of these companies trying to improve the value equation for consumers out there? the we see more price cuts? >> we made. eaton -- gm cut prices by a few hundred dollars simply because it was a selling well. nissan made this move. they're may be some accounting moves by other automakers, but what has really been happening over the last couple of years is the pricing has been pretty strong for the automakers. there have not been a lot of incentives. not a huge amount of discounting generally. gerri: a shell game. they have the incentives. they play with prices a number of different ways. >> well, that has always been the game. and the fact, what they're doing is instead of doing incentives they use that money to cut the price. it's always part of the game of car selling. gerri: you make a very important point that the sun is trying to get a better market share here in the u.s. commander arrested and really having a pl

stores it is a lot less. gerri: you say it is a big trend but i wonder the degree that some cannot afford their medication and may not be buying them. >> that was the second reason people saved money they did not fill prescriptions because they are facing an economic crisis of their own in their own research shows that in a recall of thousands of americans asking how is the economy affecting your ability to fill your prescription drugs? the answer comes back is hurting them terribly. gerri: we have more common these drugs are commonly prescribed. >> is used for depression that will go off patent to fight to insomnia and others will come off next year. gerri: we discussed this that typically you can't find a different prices. let's talk about lipitor. costco $17 wal-mart 68 and write a and a cbs. people don't understand this >> it is difficult to understand drug pricing is irrational but we had a fun time to figure out why there is a difference but shop around and don't be afraid do ask for the lowest price3 to make

we will see a market pullback this summer. gerri one of those people which i think is probably too much. if so, how i do a? >> the first thing that i think people need to understand is what is rebalancing. it gives the investor a systematic way to manage their portfolio. anytime you can take emotion and guesswork out of it, that is great. so for those that don't understand what rebalancing is, now we have to make a pizza pie stocks and bonds nd international markets, where i set up my portfolio, each step represents 25%. well, in a market like this, we might see thu.s. stock market really exploding in growth. what a lot of people tend to do is this. instead of letting it sit there and grow and the chances of a growing down rebalancing effectively. it should allow you to sell high and buy other things well. some things need to go up and others need to go down. gerri: i am usually on the wrong side of that equation. most people, they let it ride. don't let it disrupt what is already working. and you're making decisions here. you are g

that takes up a lot of brain power. gerriain people are more likely to do this and others. like to? >> some people are more likely. i talk to people today. certainly, womenalk a lot. it can be men or women, people who care a lot about relationships, they want to be close, but they are constantly monitoring how they're doing in a relationship. so they get nervous and they tend to over share. gerri: they talk in a black. social media makes this worse. you can just sit down with your pc or your ipad and blab away. >> y, and when we are behind a computer screen, we don't think that we are actually broadcasting. social media indicates that nothingshould be private anymore. >> it's not obvious for a lot of people. recognize situations like this. >> you want to thank before you open your mouth. am i going to meet with my boss, she always makes me nervous, they get it through beforehand. that is a big issue. >> it's always the people that you don't want to talk to you that makes it bizarre. this is going to make us more anxious than

a great deal for someone looking for a used car. gerri: let's talk abut the nissan murano. >> a brand-new murano can set you back about dirty $5000 depending on the configuratn. 2010 model is $35,000 from a 10 to $15,000 savings. about $20,000 for a 2010 user model. thats about a thousand dollars cheaper. a great deal if you ne more space. >> we have a tweet from somebody who articulated the view that i3 know i hae. he says that i will never buy a new ca though i can well afford it. the cost of this is way too mu by a 2-year-old car with a warranty. >> we can did a great warranty. the car is going to last for a long time. how much of that car is valued and what goes awayhen you drive off the lot in a statement that the great philosophy to hold. as soon as you drive it off the lot, depending on the category, you're likely to lose anywhere from five to 15% of the value right out of the gate. luxury cars are worse than that. it is terrible. the one exception i would like to point out, if you are looking for a smal car like a new civic, there

we want to have a safe home you have to take a little bit of a lower risk herriot. gerri: what do you do to make sure that the get the catastrophic coverage that they need? >> get the most radical agency and spent a lot of time get the adjuster. get a professional to help you. regular ones are few and far between. catastrophe happens. gerri: documenting your losses, a lot of people don't know to do is thank you for coming on tonight. it is so great to see you guys. thank you so much. >> thank you. now we want to know what you think. here's a queetion tonight. do insurance companies shortchange consumer. >>og onto gerriwillis.com, but on the right-hand side of the screen and i will share the results at the end of the show. listen to this one, my friends. if you are feeling shortchanged, some are feeling shortchanged by obamacare. one of the biggest supporters of having buyers remorse. more and more labor unions are coming out publicly ainst president obama's signature law. with more on this we have bradley graham, a former adviser to president george w. bush. is this the i

it is a bargain would buy it. gerring you're going to say that you would buy it, two flights as pragmatic as i death, fiinfnces and i think of my kids and i think have a lot of explwouning to do gell to death with amanda and i sure it will be worth that hassle to me. so on i non-fiinfnc you of the self. gerri: there you have it 50505 long. now we want to know with tieith . here is our fustian. would you via nomura fed the theper ohadurred five blonde. the form of life inside the frame. i will read both of the end of tonight show. of the come back, the irs putting a new rules on what you can and cannot consider part of your office. level explain. another e e movse ship disaster. foy fing an early end to people's vacation. but a passenger bill of rights protect them? ♪ gerri: another day, another e e movse disaster. passengers are heading back, after a ferme cut theerm loyal caribbean grew short. but other passengers rights being protected? with more on this earth, a maritime attorney. thank you for coming by. so they did

so a lot of paint worn on the friday before. gerri: that is awesome. a line of that year. you designed these yourself. tell us about your process and how you do these. >> offenders are gathered and selling of strips and then the strips are sewn on around and around the had until you -- first of all, you make the shape and then you throw the strips around and around on to the base of the hat and tell you -- and then used in them up and get them all light and fluffy. gerri: they are fluffy. tell me, who will wear a hat like this? and when you wear it, custom for the occasion? >> probably yes. and it is very specific for a derby hat because it is a large hat. the colors will go with anything that you would be wearing. a black dress. gerri: pink, orange, cream. >> exactly. so it will go with almost anything. gerri: how much will highlight this set me back? >> aund 1500. gerri: wow. not inexpensive, but their custom. how did you learn to do this? >> well, i started doing it 20 years ago. obviously i have progressed over the years. doing things a little more

: a lucrative. >> very lucrative. gerrithey spent a ton of dou dough, so here hey have just an incredible amount of data, small pieces of information aut your buying habits, what you are doing, where you are going. this helps em manage cost on behalf of the company. >> ocourse it does. and make sure peoplare healthy. anytime they can get the hands on information, it is valuable to them. gerri: johnson & johnson paying $500. here you give them every single detail. if i am looking for a job,hat if iail a pre-cancer screening? >> theirttitude is look, if you are sick or unhealthy, are you really the right fit for this position? gerri: they are not 20, not 25. they may have some kind of condition they arerying to monitor. they said submit your information or we will have you pay a fine every year. >> you'd be surprised that subsidized by drugmakers. i want to know who they can market to, other pharmacies. gerri: you are sring me. here's what i'm wondering, what if i go to the big-name reer and find plus size clothinn. this is a

a lot of bad characters out there, sadly, and we've done a lot of experience. gerri people get caught is whe you get to the conventional carriers that everyone seems to know a good thing "is lot of money. very expensive. people always looking for ways to cut that cost. you see you can keep yourself safe by doing a number of things starting by the recommendations. >> aolutely. it is complicated. an honest mover can disappoint you. yohave got to get an estimate. you have got to me sure you ave a inventory or y you take an inventory of everything that is being moved. take photos, videos describing the condition and do not rely on on-line ads but get recommendations from friends, family, reliable real-estatete agents, estates relsed three compies. here is a key, avoid movers that cannot areon't provi an address or licensing information. that is whether they have marched trucks, and no-printer, and use a mover that does have marked tracks. never hire a company that relies lely on of fall more ominous and 01 the requires large deposits. that is ba news. gerri: i want to go

a no win situation. gerri: the government out of control, a government that can't figure out what is common sense. so 6,000 people involved in this program, something like this. the bank had to repay people. >> on the enough they got like four times as much as people got no foreclosure settlement for losing entire house. this was just because they paid a little bit more for mortgage loans. gerri: i see bankers, lenders who are scared to do anything at all because they think it might be breaking the rules. the tragedy of that is the sum many of these are small lenders. >> and i don't really have the infrastructure the figure out what to do with the big lenders to. on the one hand, if they stick to plain vanilla loans what you end up with is the mostly going to go to upper-middle-class wealthy people. if it and start giving advantages, you have a situation like this where man bites dog and the regulators come back and say you can't do that either. gerri: these are actually fair lending laws. >> exactly. gerri: w

a great show. lou: thank you very much. gerriash of geneations, baby boomers bash millennials for being lazy, entitled, but they are boosting savings after learning from tir pants' bad behavior. here to read the mind of the nation's my lin yell, the clinical psychiatrist. good to have you here. >> thank you. gerri: what's the motivation for the super savers? >> i think that every generation is a reaction to the generation before them. a right of passage. for instance, look back at the century, there's the great generation that ends in 1945 with the product of the depression in the product of the world war, and we have the baby boomers who were in direct rebellion and teir paraphernalias, and they wanted to express themselves. they were risk takers. they were out there. after the baby boomers, the generation x, the entrepreneurs, those are the people who are very, very independent. now we have the generation y and the millennials. who have learned from the past mistakes of their paren who are baby boomers and generation x. gerri:

records and a low claims ratio, gerri: coming up, a horrible tragedy at a family zoo. is the zoo at fault reign gerri: personal responsibility. a family is suing the pittsburgh zoo after their 2-year-old son was mauled to death by african wild dogs. the toddler was in the exhibit on the railing that his mother placed them on. do the parents have a case? here to weigh-in is our fox news legal analyst. do they have a case? >> they absolutely do because they have been warned by others. those who said this is dangerous. other employees say this is scary and dangerous. everyday moms and dads are putting their kids up and someone is going to fall down. >> unfortunately for the parents and the child, it's a very terrible thing to happen. but the bottom line is this. you cannot have a zoo without regulations. to be in business, you have to meet all of these regulation counts. you saw the movie we bought a zoo with matt damon. gerri: were they keeping a watch? were they doing anything illegal? >> there is a concept called contributory negligence. i'm for the parents contributed

that's a mouthful. >> it is. gerri: but it makes sense. reading the paper this morning, and somebody had put in a story that endowments in foundations only rely on stocks for 30% of the portfolio. is it alternative that make up so much? >> that's right. yale only has 6% of the port portfolio, and 94% is in other stuff, and they're the most successful. gerri: that's the point. other things to invest in, and i know our viewers are really eager to find other things to invest in. let's break down alternatives out there. nay run the gamet from timber to startup companies, farmland, peer to peer lending. how do you get educated? obviously, read your book, but, i mean, a lot of people out there want to get arms aroundd@ options. how? >> that's right. it really is the reason i wrote the book because it's hard to find this information in one place. i do have a little website called altanswer.com, or people can see videos, explain how it works, and you can get into very slowly. you don't have to go into anything crazy. gerri: test drive it? >> test d

a lot nicer to deal with. we don't have that kind of stuff to deal with. gerriother lived in knoxville for a long time. >> do see people holding their properties for all cash offers? >> typically in today's environment, yes, most of the buyers are cash buyers. what you need to understand is that miami was one of e hardest hit markets during the recession. since then, we have grown tremendously. one of the hottest destinations in the world, what you're seeing the buyers that have been on the sidelines for the past four years are all running to purchase property and paying pay cash. so it's not really a boom that's going on gerri: i can think of another red-hot market. and that is in los angeles. is it possible that there is a bubble building and some of these markets right now are prices are maybe a little too high and it is because inventories are so tight? >> i don't reay think so. there's been a lot of people sitting on the sidelines for the last four years. they are ready to borrow buy a house. i'm buying houes now, with a lack of inventory, the cheap money,

u saw e movie we bought a zoo with matt damon. gerri they keeping a watc were they doing anything illegal? >> there is a concept called contributory negligence. i'm for the parents contrited to this problem by putting her over the railing. >> they knew or should have known about what was going t happen. this is a tragic story. at the end of th day, the mother putthe child on t of the railing, is not partly the mother's fall? >> one is the issue of negligence or contributory negligence. the other is if you're going to take a child and put them on top of the railing,. >> even if the mother put the child up there, which she did, d it was wrong and sheshould get less money because of that, there's a safety net there. the ild was bouncing on the safety net. if the net wasn't even propey maintained. >> that is going to be an issue in the case. the bottom line is that you cannot be in business and have a few operating unless it has been inspected and the setup needs the co. gerri: what an attorney is saying is that there was a dismal abysmal e

in fact a month funding for embassy security has increased by a 27% since 2007. gerrire treats cellist. where are you coming in tonight's show? >> covering precisely what the washington post, they ran out o pinocchio's. they actually call that a bushe of pinocchio's for the obama administration. they cannot keep up with the obama spend machine. in overdrive over the weekend and certainly is today. we will be focusing on how the administration is trying to conflate, the flight, distract in an effort to take the immediate focus away from the scandals. it is obviously not working, an we will be focusing on it, if you will -- well, like a laser and relentlessly. gerri: as you always do. >> and i will be talking with farmers -- former senator and a member of the foreign affairs committee, talking about precisely the scandals and, of course, we will be renewed the very latest from oklahoma, this devastating, gut-wrenching vide that we are all watching right now. a lot of people there are in deep trouble, and we're going t have a very latest for you, of course, on this develo

electric cars and batteries don't deliver that and won't for a long time. gerriack on the show. a pleasure at the. >> tnk you. gerri: coming up next, we check in with lou dobbs. later in the show, the ceo of london club tells us about his company and help the ruble is now involved. stay with us. ♪ [ male announcer ] ok, here's the way the system works. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2every year. does that make a difference? search "cost of financial advisors" ouch. over time it really adds up. then go to e-trade and find out how much our advice costs. spoiler alert: it's low. really? yes, really. e-trade offers inestment advice and guidance from dedicated, professional financial consultants. it's guidance on your terms, not ours. that's how our stem works. e-trade. less for us. more for you. [ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to we

gerri willis. tonight on "the willis report." a top irs official takes the fifth and denied misleading congress. >> i have not done anything wrong. >gerri: watch out, your cell phones tracking your every move. and our series of special reports on your medical privacy. the big business trading your medical records. we are watching out for you tonight on "the willis report." first tonight we take you to the floor of the house of representatives where we are expecting a vote on the keystone pppeline. this is something we have been waiting for for quite some time. getting the pipeline built. the vote is expected this hour. we will be watching it very closely for you. michelle blackburn will join us in a few minutes, she is a key part of that legislation. our top story tonight, your phone, cell phone, striking her every move and that data is being sold. everything from your location to your web browsing habits and selling it to marketing companies. consumers are becoming a product and not the user. joining us now, covering this story. g

electric cars and batteries don't deliver that and won't for a long time. gerri back on the show. a pleasure at the. >> thank you. gerri: coming up next, we check in with lou dobbs. later in the show, the ceo of london club tells us about his company and help the ruble is now involved. stay with us. ♪ [ male announcer ] with free package pickup from the united states postal service a budding artist can ship like a big business. just go online to pay, print and have your packages picked up for free. we'll do the rest. ♪ we'll do the rest. theengineered with aeel-drive unique drive system and dual transmission. all-wheel traction. all-wheel power. all done. only from husqvarna. challenge the impossible. gerri: president obama meeting with the president of mexico last week in mexico. and lou dobbs took issue in his "2 cents more" about what the two men did and did not talk about, everything from how mexico profits from illegal immigrants to america to the money is sent back home, plus how drug trafficking that's mexico billions of dollars each year. take a listen. >

us, people have been held up a defensive step for so long. gerri: it's so crazy. o bring kimberly in here . it's taken this long for people to get to cyclicals. it is amazing. fully valued. >> i'm not sure we are certainly in a better position than we were in 2000 and 2007. i mean, much, much more streamlined and healthier as well as individualportfolios and bank accounts. to that end, you know, i am not sure if they agree -- if we are fair valued are not, but a bull market does not end with a fairly alued market. i think we have more room to go. denitely. gerri: stock buybacks. it on fire. companies are buying ck stocks . 286 billion of 88%, amazing numbers. did have y mess and opportunits. they're putting their money to work. it concerns me. right now businesses and i really investing. this is a they keep their labor costs low. the u.s. corpation, their biggest employer is people. that is of them unable to keep their bottom-line growth and what their top line has not bee doing so well. ho. gerri: it looks good on the fac the have to wonder hogood it is. a lot to

a cupcake. it makes no sense whatsoever. gerri: i love the food analogy. ng this as a practical matter? their schedules are all different. >> yes. schedules are different, and they are able to, you know, try to block these furloughs and work the system to where they can get a we got a time and be able to file for unemployment benefits in order to make up for some of the money they're losing . this by whether they're working for the government or being furloughed, they're still taking in as dollars and it really does seem to be defeating the purpose, especially when the white house and congress has so much time that they could eventually found replacement cuts to the sequestered. gerri: i found this document from the labor department would seems to indicate federal government is helping these workers get unemployment benefits, they're drawing a map for them. this is actually a circular to employees. while on furlough federal employees become eligible for unemployment benefits under the unemployment compensation for federal employees' program. important to ha