federal workers at nav engineering station in philadelphia are taking their furlough days in one week bloch'salify for unemployment benefits. with more on this, gretchen hamel, executive director for public notice. what is going on here? >> here we were trying to save the government money because the government had not done its job, it had not been budgeting, finding ways to cut spending, and it was going to have to enact sequester which was going to cause furloughs. here we are completely defeating the purpose. it would be like if i went on at night and decided to cut beats out of my diet but in a cupcake. it makes no sense whatsoever. gerri: i love the food analogy. so, how are they doing 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 tak

connell: scott bloch is here to talk about the run-up we are seeing in the market today.ate rogers is also on hand. we will talk about billions lost to fraud. dagen: let's start with scott. what do you make of this market? >> we had a correction a couple of weeks ago. i am using $105 earnings. it is only about a 15.3 multiple here. that is still below the historic medium. also, you have to look at nominal interest rates. it is very hard to get yields. the place to be is in equities. i will make this caveat. it is cheaper and large caps then it is in small and medium. connell: okay. everyone will turn on to the tv today or logon to the internet, dow hits 15,000 they will start to think about the market being to cross. you say no. did a little bit deeper. what looks attractive right now? >> a bot of the big tech stocks that have really big growth. qualcomm. if you pack it out and paid earnings, 10.5 times earnings. oracle. if you back out the cash they are, that stock is selling at ten times expected earnings as well. this is a great franchise. dagen: in terms of the bigger