i am very proud of the pilots in this coury and the way our airlines are run. >> and a hell of a lotore people should have died and did not. >> despite the pilot telling them to stay in th seat. >> student driver. l logos. >> ban him from the airplane. >> i want to thank charlie and dagen. dagen. i mean thatrom the bottom of the pursuit of a better tomorrow is something we all share. but who can help you find your own path? who can build you a plan, not just a pie chart? who can help keep your investments on course, whatever lies ahead? that someone is a morgan stanley financial advisor. and we're ready work for you. >> stocks to keep t the market strong charles what have you got? >> move over silicon. this is stock that breaking out this week. >> adam what dow think about it? >> they haven't paid a dividend. >> what do you peck? >> sdy. the dividend paying and a way to get a return. >> what do you make of that? >> i like it. i think it is an excellent pick. and i will put mine with warren buffet. i, you never think he is over rated? >> no, i think he is underrated and a genius on a

all the couries we are comping for up with jobs, europe and asia all have that.lity it sued. john: you should know that they look to us. >> no, they look at us and laugh. john: yes, ma'am. >> you mentioned -- john: before you ask your question now want to point out that you are here in your eyes will student. you are here because he won the second prize in the essay contes f "stossel" in the classroom, that is cool contest where you write about freedom. [applause] sheet one at thousand dollar >> go ahead. you mentioned many of your accomplishments. whichf the laws instituted are you the most proud of? >> the ban on smoking in the back that we have reduced by almost half in the united states something even the surgeon general's report could not do that. john: you d that? >> yes,. [applause] john: wow. you are next. you are the first place winner. [applause] you are in high-school where? >> st. petersburg, floda. >> go ahead. >> my question is, is the troubl really with lawyers or is the trouble with unnecesry law? >> it is the latter. take my word for it. too many

any coury that has done it right. >> i just go the back from europe, got off the plane today, came here because this show is the best place to be, the baltic countries. estonia, they have done the righ thing, they cut government spending i say cut, i am not talking about washington thing, we increase spending at 6% instead of 8%. no, in battle tick countries -- battle ticbaltic county its was. >> those economies are growing? >> t are growing, they recovered, jobs are coming back, they have positive gtp, economy growth, while the country that have gone with the tax increase approach, like italy, spain, eece, portugal, and et cetera, et cetera, they are in recessi recessn. moral of the story, you have figure out ways to ruce burden of ggvernment spending and taxes and most country in europe have nottdone that. the baltics are a tiny glimmer of good news. john: back on this continent. years back in 90s canada maae big real cuts, and prospered. the canyon dollar was worth 70 something cent at the time, now parody with our dollar it works. >> amazing most of those cuts, actual genuine real s

not a velcro dependency nor more than half the coury. ofhat, i am no different than any other trying to invest. u.s. equities moving the direction we are moving as a countris not a placeo be. there are better currencies and better geographies to go invest in. neil: your taxes are going up, spending going up, instead of complaining, try yukking it up. on why if you don't laugh at washington you will just cry over washington. neil: nobody's getting along, nothing is getting done and spending won't stop. washington is so funny especially when it is not trying to be funny. >> i think major problem is we have to put people into washington who are more interested in doing something with the people then getting reelected. i have an idea that speeding car drivers have patches all over their clothes of all the sponsors, how abt if we make the people in congress where patches of the lobbyists who own them. so we know. neil: that would be a lot of patches. >> so we know no wonder he voted that way. rather than walk on, work on the future war, we sh

if you go tolaces like germany, ireland, spain, swzerland,hich a the cheapest couries right now, those are the be bet. gerri: let's talk about making the fares cheaper, what do i do? you have to be in the shoulder season, right? >> certainly iyou can buy your ticket for example before the second week in june, ther therea little bit of break. the last week in august ticket prices drop, kids go back to school. in between they are e expected tickets are. there is a $30 surcharge each way on those days so if you don't fly on those days,e will not incur the surcharge. tuesday afternoon is after the sales occur, monday night everything mates tuesday morning. tuday afternoon is the best time to shop. gerri: we did cheapest destinations in europe, now cheaper destinations in the u.s. what if i didn't want to pay up for it? >> northeast the cheapest city of boston. let's help the folks out in boston. washington, d.c., baltimore area. toward florida, orlando, tampa, fort lderdale competing pretty heavy. the southwest austin, san antonio, some of the cheapest places to go right now. denver, los a

and i think that is just going to trickle down through the rest of the coury.nk there is lack of supply on the market. i think we'll start to see more developing going on. melissa: we'll see an oversupply of rental properties. that makes me feel like want to be a ren then. if there is oversupply, prices will be low, is that true? >> that is true. developers are having to build rental properties. easier to finance them. they're just buildi rental properties. so i think we'll start seeing a little built of an oversupply on that. melissa: interesting. mortgage rates, you thi they're going to rise to 4.875. thats very specific. >> you know, i like to be specif on my predictions. i think we'll start seeing a slight increase of mortgages over the next year. d, you know, right now when you can borrow money at rates we can borrow, why rent? why throw away that mon? i understand the whole bubble effect and everything but i thinwe're going, i see it long. >> one thing in your favor, if mortgage rates are rising and prices are rising at theame time, that kind of makes you