better go to our love expert onn this one, gary b.ith marriage than all of us. >> combined. >>ith one marriage. so when it comes to love, should personal debt be a dealbreaker? >> i want to put a disclaimer that i am cerinly no love expert. okay. you know what, tell you what, if you don't disclose your debt, i think that, that gets to the whole heart of not being truthful and honest in a marria. i will speak out. i'm nd of for debt. i think debt gets a bad rap particularly when couple, post-couples would not be able to afford a house with debt. the other big debt expense they incur is on a car. why would you want to use your own money that depreciates the mome you drive it off the t. >> that is generally okay. are you using other people's money and generally for good stuff, unless you lie about it. >> tracy, it's very, very stressful, money, money canlso be the deal breakner a relationsh. before you get together, you both have tons of debt, student loans, credit rd debt. what does that do? >> pizza on the first nighis cute. after that

gary b. smith, tracy burns, jonas maxfair, jn layfield along with david mercer. welcome, everybody, gary bb., wrong or right time? >> completely wrong time. here's the problem, government telling business what to do is like me telling peyton manning how to be a great quarterback on sunday. i apples to oranges. look, i don't think anyyun one in government has the foley for how businesses work, the bottom line is, how to improve this efficiency. we always raise the example of silandra as a government failure example. there is a dozen other companies if not more. aboundol ar, we last $179. range fuels, $162 million. the chevy volt, for example, has not budged an inch on year-to-year sales on 2012-2013. so for government, brenda, to tell business what to do, it's insane. >> david, does government have a role with wages? >> they certainly do and they have a history of doing so. the minimum wage has been cast --ages have been passed several times. the last time was not until 2009 under george bush and it's about high time those wages were increased. and if you want to d

gary b., democrats say this is good news. what say you? >> well, the spin on this, brenda, is just fantastic. i want to hit on two things we just saw in the clip. the one senator or congressman, i can't remember which, okay. some people have more time to spend more time with tear kids. that's all well and good, but when the government is involv, brenda, you can't create something from nothing. in order for those people to spend more time with their kids, those premiums have to be subsidized. who are they subsidized by? by people still working and paying out there, normally in the form of higher taxes. so if i'm one of those people, what happens to me? i have to pay more taxes. thaen then what happens? i have to work harder. some people benefit, a lot of other people are penalized. normally, the people are penalized more than the benefit. the one senator made the labor force participation comment. basically, he said it's going to drop. is that the direction we want to go? let me give you an example. france has 36%, their gdp growth has been

gary b., that's why you are saying scrap it altogether? i know, brenda, and before people on the left say, my gosh, that heartless gary smith, how can you scrap the minimum wage? i went around and searched to see if any other developed country scrapped the minimum wage. in fact, switzerland has no minimum wage. now, look, it's interesting. switzerland's unemployment rate is 3%. so you say, well, surely then, they have a high poverty rate. no, their poverty rate is less than half ours at 7%. ours is about 16%. in fact, california, which has a higher than the 7-whatever $1 per hour min muj u mum wage than $8 has a 3% unemployment rate. switzerland has the highest wealth per capita in the world. my gosh, if switzerland can do it, doesn't it make sense we should try it? >> chuck, what do you think about that? >> that's where i keep all my money over in switzerland, i'm sure that's the reason why everybody is like that. but the facts are the facts. the problem with this ceo, it might be a half a million, it might be a million. how do you say my

. >> gary b., haven't we seen this movie before? i mean, job initiatives, manufacturing institutes.reen spending. it can work. >> exactly, brenda, you know, chuck mentioned the american people want results. i agree, they want result, unfortunately, as you imply, the u.s. government hasn't given those results. the big programs that they have social security, medicare, dicaid are filled with fraud and overbudget. then you have other things where they waste money like amtrak, which loses money every day. they can't even make money with a virtual monopoly in the u.s. postal service. big projects by the government are inherent loaded with pork and bloat and a high government pensions. they just don't work. so if i give a dollar to the government, it comes back to me in the form of about 80 cents or. so add that to the statistics that john gave us running up a debt that we can't pay. my gosh, we will be spending $8 billion a year on interest payments alone. this madness has to stop. it's a pox on both parties. >> that's true. both aisles are definitely at fault here. tracy whato you think

gary b., what do you think of this?> there is difference, neil, between investing company and using company. i think you said it right up front i would throw away my webcam. but on other hand, people are very stubborn in what they use, applications they use and things like that. what will happen people stop using webcam, but if they're big yahoo! users they still use yahoo! i would be scared away some portions of the application but not so much the stock. neil: what worries, keith to gary's point, we get used to, you don't have a webcam or built into monitor you don't think about it. i'm wondering if we get upset about this and forget about this? >> actually i think it is other way around, neil. i think we forget about it and upset we forgot about it an proof is right in our face of the time to really discuss all this 40 years ago when they first developed this technology. the genie is so far out bottle from usage standpoint it is not even funny. going forward from an investment standpoint the real meat on the bone is e

gary b., we talked about other paradigms went bust.nvest, promises is one thing but profits invariably are the bottom line thing. we're going back to investing on that worries me. >> yeah. exactly. and i think you know, these new companies, and i still throw maybe it is not new anymore, but newish, even like google. certainly facebook is relatively new, they are so desperate for that next edg it is like they have got to come up with the next great thing i think they're a gamble. neil: keith, go ahead. >> we're using words and similaries between the.bombe crisis. eyeballs click factors. we're seeing all terms come back. that is worrisome. neil: we've done all those terms come back, that's worrisome. >> guys, thanks very much. >> ladies and gentlemen, imus in the morning. >> i was talking to jerre leelewis.

gary b., we talked about other padigms went bust.to invest, promise is one thing but profits invariably are the bottom line thing. we're going back to investing on that worries me. >> yeah. exactly. and i thik you know, these new companies, and i still throw maybe it is not new anymore, but newish, even like google. certainly facebook is relatively new, they are so desperate for that next edge. it is like they have got to come up with the next great thing i think the're a gamble. neil: keith, gohead. >> we're using words and similarities between the.bomb be crisis. eyeballs. click factors. we're seeing all terms come back. that is worrisome. neil: we've done kennedy: what did you do when youoke up this morning? maybe a blueberry muffin? will you have a glaof wine? don't look now. you are on drugs. and baseball fabian's with alex rodriguez has it ever occurred cfeine and sugar is your personal performance in hansard? without wch it is another day at the office. you are human and you aren't on drugs. this is "the independents."

gary b., we tald about oer paradigms went bust.proses is one thing butrofits invariably are the bottom line thing. we're going back to investing on that worries m. >> yeah. actly. and i think you know, these new companies, and i still throw maybe it is not new anymore, but newish, even like google. certainly facebook is relatively new, they are so desperate for that next edge. it is like they have got to come up with the next great thing i think they're a gamble. neil: keith, go ahead. >> we're using words and similaririties between the.bombe crisis. eyeballs. click factors. we're seeing all terms come back. that is worrisome. neil: we've done kennedy: what did you do when you woke up this morning? maybe a blueberry muffin? ll you have a glass of wine? don't look now. you are on drugs. and baseball fabian's with alex rodriguez has it ever occurred caffeine and sugar is your personal performance in hansard? without which it is another day at the office. you are human and you aren't on drugs. this is "the independents."

gary b., we talked about other paradigms went bust.s one thing but profits invariablare the bottom line thing. we're going back to investing on that worries me. >> yeah. exactly. and i think you kno these new companies, and i still throw maybe it is not new anymore, but newish, even like google. certainly facebooks relatively new, they are so despera for that next edge. it is like they have got to come up with the next great thing i think they're a gamble. neil: keith, go ahead. >> we're using words and similarities between the.bom be crisis. eyeballs. click factors. we're seeing all terms come back. that is worrisome. neil: we've ♪ ♪ >> welcome to the best of imus in the mning. from new york city, i'm connell mcshane and our fox business network studios in midtown, manhattan. we have a terrific hour planned here. we'll go back over some of imus' best interviews, have fun with the guys as well. starting off with doris kearns goodwin who's been coming on the program for many years. you probably know her as the author of the book "team o

gary b. smith, tracy burns, jonas maxfair, jn layfield along with david mercer.

gary b., that normally, normally ominous sign for housing. what say you?us sign for housing. i think housing is onhe decline no matter what you look at, new home sales, media prices since the start of 2013. there is plenty of people that have gone through, my gosh, last, 10, 15 years not seen the value of their house budge upwards. most people have seen decline. i think that the trend, ateast for the xt generation is to be more toward renting than bing. neil: ye, but you know, the flip side is, they're prompted to rent, keith, because home prices have gone up which in the macro sense would assume be good, wouldn't it or no? >> i don't think so. i think it's a sign of the times. i'm withary. we've seen a long thing coming this is lots of external supply, long-term supply. i've lived in asia where i see the opposite. i don't see that re. i wouldn't touch homeowner stocks anywhere in here between a two-by-four neil: time for the night cap, gentlemen. point in the show, stuff you think about tonight bright and early monday morning. ga b.? >> other than the job

gary b. smith, tracy burns, jonas maxfair, john layfield along with david

a marquee n-b-a matchup between the two best teams in the west plus. it's gary's favorite.estminster dog show. gary has the answer.next!!! and if you like dogs the next kron 4 special is for you. airs on friday night , february 28th at nine p.m.. it takes you behind the scenes of the golden gate kennel club - 2014 dog show. hosted by our justine waldman and grant lodes who will have all the highlights. that's friday, february 28th at nine p.m. here on kron 4. one of the best things about covered california is that millions of people will qualify for financial assistance. it's important to remember that the lower your annual income, the greater financial assistance you will receive. enroll today at coveredca.com. hales corners, wisconsin. nice pass by alyson dudek. can she hang on to that spot? and she does! [ male announcer ] with the u-verse wireless receiver, your tv goes where you take it, allowing inspiration to follow. ♪ [ dad ] looks pretty good, right? [ girl ] yeah. [ male announcer ] switch to u-verse and add a wireless receiver today. ♪ thunder at blazers blazers

involved in item 3 should take a look at the final report of gary transit task force that i served on between 86 and 87 before putting prop b on the ballot in 89 that or i suggested you have those people look at the final report that was published in 1995. i know those are all documents but this give us the background of the gary light rail project it's the only project that's not been funded through prop k. the transit is supposed to be rail ready and if it's supposed to be rail ready and it has to stop at the union square it should be rail ready you should everyone should do their homework and see the documents and see what's been done in the past to the future. thank you very much >> thank you very much other members of the puc public that want to speak in general public comment. seeing none, public comment is closed. madam clerk >> item 11 adjournment thank you. this meeting is

involved in item 3 should take a look at the final report of gary transit task force that i served on between 86 and 87 before putting prop b on the ballot in