commissioner brill, first of all, what were the guidelines that were issued by the ftc, and why now? >> guest: so, um, the guidelines are designed to inform the app community, and, of course, it's a very diverse community. there are lots of different players in the mobile app space. designed to inform them that there are laws that apply to them in the consumer protection and privacy realm and to help them figure out how to insure that their products are in compliance with our laws. so that's the overall goal of the guidelines. why now? the app economy is booming, as everybody knows. there are many, many consumers who are using apps on their smartphones, and in particular kids and teens are taking up apps in droves. um, apps have a unique ability to collect information, very detailed information about consumers, um, geolocation, they can access content from the phone such as contact lists, user id, um, all sorts of information that require careful thinking by app developers. so as this economy is booming, as there's a tremendous amount of innovation in this space, we want to insure th

first of all word the guidelines the were issued by the ftc, and why not? >> the guidelines are designed to inform the community, and of course it is a very diverse community. there are lots of different players in the state designed to inform them that there are walls that apply to them in the consumer protection and the privacy realm and to help them figure out how to ensure the products are in compliance with the law. so that is the overall goal of the guideline. why now? the economy is booming as everybody knows. there are many consumers who are using applications on their smartphone, and in particular kids and teens are taking up speed. they have a unique ability for very detailed information about consumers on the jeal location. they can access content from defense such as contact lists, userid, all sorts of information there require careful thinking by act developers. so as this economy is booming, i think a tremendous innovation and the space to ensure the players understand the protection law applies to them. >> now these are guidelines, or do they

but i'm not opposed of what these guidelines are and what the ftc -- i think the ftc has done very well in trying to do within their scope as much as they could for privacy. i don't -- i'm not negative on what the ftc's done at all. >> host: well, speaking of government agencies, what's your grade for fcc chairman genachowski's leadership and the fcc in general? >> guest: well, chairman genachowski is a very bright person, he's very intelligent, he's very hard working. i think he's, i think he does his homework. i don't agree with his philosophy. i think it's too regulatory, i think he has tried to stretch some of these older laws in ways that fit a political purpose of president obama who he's very close to personally. so i don't agree with him on his philosophy. but in terms of just intellect and integrity, i have a very high opinion of him. >> host: as a senior member of the commerce, energy and commerce committee, have you had much interaction with the chairman other than just at hearings? has he been up to see you? >> guest: he's available, he's accessible. he's been by to visit me

the ftc says the do not call registry is working when it comes to legitimate companies we are seeingore fraudulent calls. campaigns and charities that you have been given permission to can legally call you. >> paul is in the weather center at and it was pretty decent today >> it was beautiful outside with the sunshine but we did not have the warm weather. paul wellstone only 70. 63 in richmond. temperatures are way down and i will explain coming up. outside right now, mid-70s in concord and livermore. 69 in san jose. this has been the trend for the entire month. for the month, sfo is four degrees cooler than normal. oakland is nearly four degrees cooler than normal. the offshore wind has been nowhere close to the bay area over the past several days. the giants and the rockies at 715, 60 degrees. because of the stronger onshore flow we kept the cloud cover until lunch time today. the onshore flow will remain elevated for the next several days. we have had the high pressure area to our self giving us the onshore flow and now we have low pressure off to the northwest. it will keep us ch

instead, the ftc said they will pay a if he to find providers who may offer discounts of things like doctor's visits. once you pay the feds say many don't live up to their promises. research the company with the better business bureau and the attorney general. ask for a list of their providers and see what discounts they offer. if the company won't give you written information, that's a sign. high pressure sales tactics should make you leery. >> providers won't pressure you into buying their product immediately. you should take that as an indication. >> reporter: so think hard before uphand over money for healthcare of any kind because doing your homework is the best insurance you won't get scammed. joce sterman, abc2 news. >> the ftc said you should file a complaint with their agency at ftc.gov as well as the bbb and the maryland attorney general's office. >>> looks like young people are hitting the brakes on car shopping. new car purchases by 18 to 34 years dropped about 34%. that's according to car shopping website edmonds.com. it could be a reflection of the economy but some say

>> representative, next week on the communicators we are going to be talking to julie bedle of the ftc and mary "don't ask, don't tell" of congress about the applications and the new guidelines the ftc came up with when it comes to privacy. are the guidelines enough when it comes to protecting the privacy or would you favor more -- >> i would favor a more definitive statutory approach, but i am not opposed to what the guidelines are. i think the ftc has done very well in trying to do within their scope as much as they could for privacy. i don't -- i am not - on what they have done. >> speaking of the government agencies, what is your great for the german genachowski's leadership and congenital? >> chairman genachowski is a very bright person and very intelligent and very hard working. i think that he does his homework. i don't agree with his philosophy. i think it is regulatory and he's tried to stretch some of the older laws in ways that are a political purpose of president ilana who's very close personally, so i don't agree with him on his philosophy but in terms of intellect and int

. >> the ftc says the registry has been effective. peter barnes live in our washington newsroom.er, she's calls seem to be getting more frequent. >> that's right, shep. because of technology for one thing including more scams and maybe some enforcement issues and exemptions now the ftc says the number of general complaints about telemarketing calls rose to 182,000 earlier this year. more than double the amount in october of 2010. but separately, over the same period, the number of complaints about robo calls with those prerecord messages more than tripled. one consumer advocate joe wright out of consumer action says for every customer that actually takes the time to file the complaint there are dozens who do not. one problem might be that the number of telemarketers that register with the ftc has fallen by nearly half since 2007. for robo calls specifically auto dial technology has made it cheaper to call from that pacific island and easier, especially for scam artists right out of consumer action is calling for more enforcement by the ftc to cry to curb all of this. political an

i am not-on what the ftc has done at all. >> what is your grave for fcc chairman jankowski? >> he is very intelligent, very hard-working. i think he does his homework. i don't agree with his philosophy. i think it is too regulatory. i think he is trying to stretch some of these older laws in ways that fit a political purpose, president obama, who he is very close to personally. so i do not agree with his philosophy. but in terms of intellect and integrity, i have a very high opinion of him. >> as a member of the energy and commerce committee, have you had much interaction with the chairman other than just a hearing -- has he been a to see you? >> he is available and accessible. he has been down to visit me several times. we have had several phone conversations. he and the other commissioners have always been willing to visit with me when necessary. i don't abuse that. this is not a telecommunications congress. the committee has done a number of hearings and moving what could be moved and doing things on the various sides of the industry. but this congress is not telecommunic

i think the ftc is constantly evolving with their view on privacy. i think we have proven the case that we can still innovation if become in too and heavy-handed. i appreciate that the ftc has taken the approach to let them self-regulate. they know it is in their best interest to provide something for the consumer that does not go to double over par. the real issue is how much of it is guidelines and how much of it is self-regulated. >> when it comes to the privacy issues, what is your philosophy? >> my philosophy is to move slowly. there are a lot of things that kind of have the "ucyuck factor" -- something that has gone to double over par. the american consumer is realizing that they are giving up their privacy for convenience. the consumer is choosing. in order to proceed further, you need to enable your tracking device. are you ok with that? the american symbols the yes because they want the app so badly. -- the american consumer will say, yes, because they want the app so badly. >> last week on this program, we talked with their fellow at energy

the ftc will take them into consideration. in washington, wbal-tv 11 news. >> there is much more news coming on 11 news at 6. >> i'm tim tooten. students at north county are celebrating for a different reason. gilbert live at camden yards. getting set for the final homestand for the orioles. john harbaugh with encouraging words. >> and showers on the radar most >> and showers on the radar most assa [ male announcer ] for the dreamers... and those well grounded. for what's around this corner... and the next. there's cash flow options from pnc. solutions to help businesses like yours accelerate receivables, manage payments, and help ensure access to credit. because we know how important cash flow is to reaching your goals. pnc bank. for the achiever in you. >> how you get more high school students to take advanced placement tests? >> at north county high school in anne arundel, a record number are taking them. what led to the big increase? tim tooten is live in the studio. >> passing and advanced placement course and the end of

and yet, you've got the ftc looking into it. you have members of congress looking into it. there have been--privacy groups have lodged formal complaints. you've hired a lobbyist in washington to deal with this, so you know it's a problem. >> that's ahead when 60 minutes on cnbc returns. [ticking] [ticking] >> when it comes to the issue of privacy on the internet, facebook is sometimes distrusted even by its most ardent users. facebook ceo mark zuckerberg told us that they don't sell their users' information to advertisers, but do people on facebook really have control over their personal information? >> am i a fuddy-duddy... >> yes. >> by... [both laugh] am i a fuddy-duddy by asking all these privacy questions? >> no. >> kara swisher is the editor of all things digital, a website about high tech in silicon valley. you know, i wonder if facebook can exist if it doesn't invade privacy. >> that's right. that's exactly right. >> so it needs to invade privacy. the issue is transparency, isn't it? >> kind of, yes. >> how up front they are with the users. >> that is, i think, mark

the domestic spread to the refiner margin is up, the ftc has found it., it's a nickel or a dime, and it doesn't last for a long time. it ends up in the pockets of the major oil companies. >> what's the answer. how come prices go up so quickly, and they go down like a feather? >> they don't always. if you look at the chart that i sent your producer earlier, it shows they went up exactly -- >> let's pull up that chart. >> pull it up, you'll see it's perfectly symmetrical. even with changes, refiners on average make less than three cents on the dollar. had a is less than one half of one sent. an argument that somehow it's market power is just plane silly. >> the three cents on the dollar is completely misleading because there's so much crude involved. most of the refiners are owned by majors who get to take the profits where they want. it's the majors who have made -- >> only 50% of the refiners are owned by majors. we have over 50 refiners in this country. your arguments -- >> on a market by market basis. >> we're looking at one chart here. we're looking a

ftc is mailing checks to beneficiaries who were overcharged we have links on abc7news.com. >>> green man billy joe armstrong is out of the hospital and back in los angeles following a medical scare we told you about yesterday morning. he tells tmz his voice is completely gone. green day was supposed to play in italy this weekend but the group had to cancel when armstrong was suddenly rushed to the hospital, still no word what he was being treated for. >>> there's health news about silent heart attacks those are the ones without chest pain. according to a new study, researchers found 17% of seniors over 68 have had a silent heart attack means you are 10 times more likely to have a heart problem in the future, symptoms may be nausea, dizziness, unexplained fatigue. experts tell your doctor about these symptoms. >>> developing news from the east bay, highway patrol officer is fighting for his life this morning after a traffic stop. live team coverage on the officer's condition and the questions investigators are trying to answer. >>> plus, progress report chevron is set to give today on

and we are live ftc in of a stabbing in east palo alto. if the democrats preparations are underway for the national convention. we will be back.

google just settled a lawsuit with the ftc, and many others. so ftc is coming and starting to use their authorities to protect e-commerce and us and our privacy, our data and, that, so that lever exists. if they, i think you're going to start to see industry change the way that they're going about handling our data in the future. >> do you think there's a place for private right of action, i mean, or ftc enough? >> there are class-action suits. the most recent breach, i think e harm any, there is a -- eharmony, there is class-action suit from mishandling of that data about a month and a half ago. so you're seeing courts starting to weigh in from both the citizenry and ftc weighing in from holding businesses responsible. >> in the light jacket. >> hi, i co-chaired the defense science energy security task force with jim schlesinger and i currently just been named the technical cochairman of the chief of naval operations vulnerability on energy security and i would like to talk about, first of i like to take the opportunity say that, the states an

being scrutinized by any anti-trust agency we feel particularly-- we feel particularly strongly at the ftc, don't deserve any particular outcomes but they deserve expeditious resolution of the investigation. and we do talk to our european counterparts from time to time. again we think that that is a good thing involving any investigation in which we each are involved, when it involves the same company. >> chairman, we'll leave it there. jon leibowitz with us, the chairman of the federal trade commission. >> susie: trulia set up house at the new york stock exchange today. the web-based real estate listings firm, built strong gains, up 41% in its first day as a public company. trulia offered six million shares priced at $17 each. they closed the day up $7 at $24 a share even. investors are hoping trulia, can perform as well as rival zillow. that company's stock more than doubled since going public a year ago. >> susie: tom, besides trulia, four other companies went public today, three finished the day to the upside and one, higher, was flat. >> tom: pretty good indication of investor demands

according to the ftc last year, 1 out of every 3 robberies nationwide has involved a theft of a celle. >> the numbers are staggering. staggering. >> reporter: in washington, d.c. last year alone, 6,611 cell phones have been been stolen. >> they are targeting people that are vulnerable. women and women with baby carries. older folks. >> reporter: why so many thefts? often $100 a pop. they can be sold online. step one in curbing the epidemic, raising public awareness. and that means getting people to remember that when you walk down the street with your phone stuck to your ear, thieves just see a wad of cash. >> help, help, help, i have been snatched by a thief. >> reporter: to help, las vegas police have put out a public service announcement featuring the voice of siri -- the iphone's artificial intelligence. >> i really don't enjoy being stolen. >> reporter: and recently, the fcc along with major carriers, verizon, t-mobile, sprint and a&t&announced that they are developing a national database to track stolen cellphones, and then block their reactivation. the plan is to make stolen p

the ftc says the do not call list is doing its job.gh, it says more telemarketers are getting through because they're getting better at masking their phone numbers. >>> now to a sign of the times and the change of advises from travel experts about booking this year's winter vacation compared with last year. act now or you could end up paying the price. we get more now from nbc's michelle franzen. >> reporter: emily is already planning her get abouts aways this fall. the lifestyle blogger is used to searching for the best deals, but this year she has noticed a change when it comes to hotels. >> what i'm finding universally is that they're just really expensive, and they're more expensive than i remember them being in the last few years. >> reporter: she's right. for the first time in five years travellers are paying more on average for their hotel rooms. globally prices rose 4% the first half of this year. they were up 5% in north america. signs, experts say, the economy is rebounding from the recession and as with higher airfares, dema

the ftc says the do not call list is doing its job.gh, it says more telemarketers are getting through because they're getting better at masking their phone numbers. >>> now to a sign of the times and the change of advises from travel experts about booking this year's winter vacation compared with last year. act now or you could end up paying the price. we get more now from nbc's michelle franzen. >> reporter: emily is already planning her get abouts aways this fall. the lifestyle blogger is used to searching for the best deals, but this year she has noticed a change when it comes to hotels. >> what i'm finding universally is that they're just really expensive, and they're more expensive than i remember them being in the last few years. >> reporter: she's right. for the first time in five years travellers are paying more on average for their hotel rooms. globally prices rose 4% the first half of this year. they were up 5% in north america. signs, experts say, the economy is rebounding from the recession and as with higher airfares, dema

if you think that is on theory might change your mind ftc what i found. >> and 11 year-old shot at almost 1:00 a.m.. he was in his home, in his bed. >> hear what investigators have to safe about a motive in the crime. [ owner ] i need to expand to meet the needs of my growing business. but how am i going to fund it? and i have to find a way to manage my cash flow better. [ female announcer ] our wells fargo bankers are here to listen, offer guidance and provide you with options tailored to your business. we've loaned more money to small businesses than any other bank for ten years running. so come talk to us to see how we can help. wells fargo. together we'll go far. what was grandma's cold remedy? hi, primo! asopao! right, asopao! there you go cuz so you can sweat it out! oh, and music... ( all ) music? ... heals the soul. the power to share unites us. verizon brings your entire family the savings of the share everything plan. unlimited talk. unlimited text. and data you can share with up to 10 devices all in one plan. get the 4glte droid razr by motorola for $99.99. verizon. save up to

and the ftc settled spying charge was seven rent to own companies and a software maker saying the computers have spy ware on them and took web cam photos of people in their homes, this years companies to stop using the tools and says it may refer the case to other agencies. and stocks wrapping this week slump downed speculation china will boost it's economy and after spain pledged to cut it's benefit z chairs of apple and intel pushing it higher, eric schmidt showing off his lighter side by going showing his dancing style. and and the two also talked about viral videos and how you tube can help music industry. you may recall you tube helped make the song a hilt. official video received nearly $300 million views in just over two months. >> americas aren't too scared to spend money on halloween this year, seven in 10 expected to send big next month and there is a consumers expected to shell out more money this year driving sales to $8 billion. >> and have you guys picked out costumes? >> we're spending big at our house. there are stores still open. >> you're going as? >> not as anything. >> l

during that time, i have had to navigate regulations and epa's and ftc and all kinds of government interferencever before has it been like this. >> be one no, you are right that it has gone up red we see this regulation environment, where you make of it? >> well, i think that cathleen sebelius, she continues to sebelius, she continues her main opposition is going to be one powerful lady. she is going to have tremendous efforts to lobby her and to drive the actual favor of a lot of different groups and others. we will have a lot of cronyism going on among them. the. neil: we will see, we are hearing from folks who think just the opposite. [ female announcer ] you want family dinner to be special. dad, we want pizza. you guys said tacos. [ female announcer ] it doesn't always work out that way. you know what? we're spending too much money on eating out anyway. honey, come look at this. [ female announcer ] my money map from wells fargo is a free online tool that helps you track your spending. so instead of having to deal with a tight budget, you could have a tighter family. ♪ wells fargo. togethe

during that time, i have had to navigate regulations and epa's and ftc and all kinds of government interferenceever before has it been like this. >> be one no, you are right that it has gone up red we see this regulation environment, where you make of it? >> well, i think that cathleen sebelius, she continues to sebelius, she continues her main opposition is going to be one powerful lady. she is going to have tremendous efforts to lobby her and to drive the actual favor of a lot of different groups and others. we will have a lot of cronyism going on among them. the. neil: we will see, we are hearing from folks who think just the opposite. this video help unclench it seems they haven't been moving much lately. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rolling. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] a

don't believe everything you hear about how to get rid of bedbugs or head lice, ftc says there is noingredients in best yet can deal with the problem. at the new york stock exchange, i'm jane king. >>> katie couric's new afternoon show kicked to have to an exciting start yesterday. today she will sit down with amy copeland the 24-year-old student who lost parts of her limbs to flesh-eating bacteria. then a spin with danica patrick all of that at 3 p.m. on abc7. general hospital airs at 1 p.m.. 2:00, who wants to be a millionaire, jeopardy 2:30. don't miss katie at 3:00, followed by abc7 news at 4:00. >>> if you watched the morning news yesterday we were talking about the latest dance craze inspired by the style dance video now it has -- inspired by the gum number style dance video how -- now it has gotten lifeguards in trouble. 14 were fired after they filmed a parody of the video at a city owned aquatic center the city says they violated a contract by using city property for private use. the lifeguards have started an online petition calling for the city to change their minds. >>> 5

consumer advocate ed perkins, guy named kevin mitchell, they've been pushing the ftc to do something.o.t. was requiring of airlines. that is to say, put all the fees up front, make them apparent. if it's mandatory, roll it into the price that people have to pay. don't break it out separately. the trouble is, the airline industry is regulated by the department of transportation. there is no regulatory agency, per se, that oversees the hotel industry. even if there was, you know how many hotels there are in america. thousands and thousands. perhaps hundreds of thousands of hotels. how could anybody police that? i think through individual actions, perhaps the state's attorneys general making examples of the egregious hotels charging these fees, that might be more effective to get hotels back in line and be honest with the consumer. >> i think that's what everybody wants, be honest with the consumer. >> any favorite destinations this fall? what are the trends these days? >> i think people want to get out to places -- they want to go beyond the -- london, paris, the great places. but peop

the ftc said this is the only authorized website authorized for free, annual credit reports under the law. and remember, no reputable credit agency will ever e-mail you or call you asking you for personal information. >> which is important to remember. >> yes. >> a follow-up question from annette from washington wants to know, she knows already how to get her yearly credit report but wants to know how to get a copy of her credit score. >> we turn to credit.com for this answer. it says there are lots of numbers claiming to be your credit score. but the one most lenders look at is called a fico score. fico scores can range from 300 to 850. a score of above 750 is considered excellent. you can get your score at myfico.com. you're going to pay a fee of $19.95 for it. you can also buy your fico score from the credit bureau websites. again, those are experian, transunion and equifax. >> does the first lady get paid? >> bill, we took your question to the first ladies library in canton, ohio. no, the first lady does not receive a salary since it's not an official government position. they dev

despite the spike, the ftc insists the calls of the "do not call" list work. with us is cyber crimes and technology analyst, morgan wright. nice to see you, morgan. it is not some accident that the complaints are way out. robocalls are seriously hard to stop. >>guest: absolutely. i will tell you it is tied to the current economic situation. as times get bad you try and find more ways to make money. there are three ways: purely illegal means. influence means that are less than ethical. and purely legitimate means. unfortunately we are seeing the outpouring of affects from things that are illegal or unethical such as identity theft, or selling you thinks you do not need. >>shepard: if you are on the "do not call" list, or you get calls do you not want, what do do you? >>guest: i tried -- use your local service provider and let it go to voice mail but do not press one or ask for more information. i tested this a couple of times to ask to be removed, it does not work. they ignore it. they could operate outside the boundaries of our lawsuit and could be coming from

according to the ftc, there is no evidence that any of these natural products are effective. marketers of best yet are also being charged with false claims about head lice treatments, so the commission is urging parents to carefully research those products as the kids head back to school. if you're concerned about potential bedbug infestation, experts suggest calling a professional for help right away. >>> now, a critical reminder to parents tonight after a leesburg child died yesterday after a fall from a third-story window. about 100 children die every year from window falls according to safe kids usa. when the weather turns pleasant, children fall from windows because many parents mistakenly presume a window screen will prevent a fall. if you have children in your home, do take precautions to prevent these deadly accidents. do not rely on window screens to prevent falls. install window guards on any window above the first floor or open your windows from the top sash, top down, and keep furniture away from windows so children cannot climb up to the window sill. >>> okay. if

the ftc says there's no evidence that the ingredients inest easy and best yet can eliminate or prevent these little bloodsuckers but this guy is pretty cute. >> especially if you're battling something that big. >> it was just feeding. that's why it got larger. >> they say the dogs do sniff them up. >> you know what can stop bed bugs? the iphone. >> it cures everything. it does all. >> thank you. >>> the time is 6:08. in ten minutes, the boondoggle in montgomery county. we'll get the latest on the silver spring transit center. >>> grab a jacket. will you need it as you head out. absolutely refreshing, however. gorgeous. temperatures in the 40s and 50s as you peek out the door. your weather first coming up next. >>> but first, how much time do you spend watching television each week? depends on your age. teenagers watch an nch of just 22 minutes -- an average of just 22 minutes each week and people over 65 spend nearly 48 hours a week watching television. >> and the way we watch is changing too. nearly 5% of homes with a tv don't get channels from cable satellite or over the air. they us

google just settled a lawsuit with the ftc and many others. so the ftc is using their authority is to protect the commerce privacy data and so that letter exists and you are going to see the industry change the way that they are going about handling the data in the future. >> do you think there is a place where the private right of action is, or is that enough? >> there are class-action suits. the most recent breach i think he harmony -- eharmoney has a the breach of month and a half ago so you are seeing the court starting to weigh in from both the citizenry and the ftc weighing in from holding the business is responsible. >> i cochaired the defense board energy security task force with jim schlesinger and i currently just been named the technical co-chairman of the chief of naval operations ball early on energy security, and i would like to talk about, first i would like to see the opportunity to talk about the states and ferc on the energy regulation the states regulate almost exclusively for the rate, not reliability at all, and ferc regul

the ftc has filed suit against the advertisers of the ab pro. convincing on tv. >> now there's a machine so advanced, it targets your entire core. all in one circular motion. >> it's fun and easy and takes just three minutes a day. >> it's fun and easy. it's like a tilt a whirl for your knees. it seems like it would work, but everyone knows that really to get in shape, you need serious workouts with some serious equipment. >> you just shake it. back and forth. there's no motor, no batteries, and you get the results you want. >> fitness equipment has come such a long way, hasn't it? take the 80s. back then all we thought we needed to get this shape was big hair and a few friends and leotards and preferably belted. >> reach it out. exhale. each side. three. two. hips are still. really open it up. and reach. stretch it out. open up that chest. >> and reach. this era taught us another lesson. do not neglect your face exercises. no equipment necessary. ♪ what the heck? it was a simpler time, wasn't it? there we were with our contorted faces and our s

the ftc says cvs caremark allegedly made deceptive pricing claims for certain medicare part d prescription drugs. it caused many seniors and disabled consumers to pay more than expected including drugs used to treat such things as breast cancer and epilepsy at cvs and walgreens pharmacies. >>> low interest credit cards are making a big comeback. there's a consumer warning to go along with them. "the wall street journal" reports many credit card companies are offering cards with those teaser rates. as low as 0% for new card holders with good or improving credit. other credit card companies are offering airline miles or triple points on gas, groceries and drugstore purchases. but beware. if you are late or miss a payment not only will your credit take a big hit, so will your interest rate which will cost you. the same goes for those balance transfer deals offered at 0%. many times there are fees which can run as high as 10% of the balance being transferred. >>> "the wall street journal" reports, get this, up to 60% of consumers will lose the teaser rate before the promotion ends. beware. >>>

. >> soable west has filed a complain with the ftc. what do they want the fec to do about this?rder a cease and desist saying you're basically playing off our name to benefit yourself it is not clear what the fec will do as a federal organization. it is often mired in gridlock but like them to stop, of course, those wheels don't turn so quickly. i would presume this is going to be up a while. >> seems this is something where the fec's regulation happens caught up to technology. is that what we are looking at here? >> may well be the case. with the internet, just so many possibilities. again, this is just on the republican side, just one group. a possibility that other things are going to -- a fund-raising phishing scam or not ready to call it a scam? >> certainly what some donors said. i have yet to speak with a donor who gave to this group and know they gave to this group. >> not one donor you have talked to? how many have you talked to? >> a couple dozen at this point. >> not one of them -- they all thought they were giving to the candidate that was pictured on this microsite?

another case is ftc vs putney. have any the open and then sold a countywide hospital system? -- any of you opened and then sold a countywide possiblhospitl system? is it there by conferring any trust immunity? the supreme court has said the anti-trust law. if the state passes they'll all that will be anti-competitive, then the resulting business may have state anti-trust immunity. when the state says you can create a hospital system, is it there by trading antitrust immunity if the hospital cells in a way that creates a monopoly in the local area. closers' home is the civil rights case that arises. that is supervisor of liability. if you're going to sue your employer, you can not see the for something a co-worker does. it is not company policy. there is supervisor liability. the company can be held liable for its officers that tracked the operations of the employees. what does it mean to be a supervisor? can then is the supervisor of his girlfriends. he can fire her. we should all be careful. what kind of authority is required in order to trigger that? is adjusted i can tell

. >> the ftc says they are attentive to figure out a solution to the problem some ideas include limitingt cards or allowing each car to be used for a minute. time for the expired. >> will be right back with the kron for morning news watching wall street we will tell you why the upper deck of a dog turned downward. we will tell you spoken why the dow soared coming up. >> vo: for years, sacramento politicians have chopped away funds for our schools. today, we're forty-seventh out of fifty in per-pupil funding. now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >> will go back to the kron 4 news. the dow jones was a around 30 points the president of the federal reserve bank of philadelphia's spoke and he indicated that he thought the latest round of federal stimulus the bonn by that is