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you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. gerri: happy labor day. gas prices by the highest ever going into a labor day weekend. increasing 820% per gallon in august. the reasons? hurricane isaac shutdown 94% of oil production plus refinery shutdowns and pipeline disruptions. take a look. seven states have average is above $4. now $4.32. california not far behind. illinois not doing well. and compared to connecticut. on july 1st only hawaii had a price above $4. lois states south carolina, alabama, mississip pi, new mexico, arizona mexico, arizona, wyoming and colorado. pain at the pump is felt by 33 million americans driving 50 miles or more. up from last year. expectation prices should drop as demand drops. the station was the lowest gas price? circle k gas in el paso ta

us bank. lou: a new report shows our economy has lost the competitive edge sliding down the most competitive list and mr. lire joins us how we can get that back also to tell us if we are better off now than four years ago. today the stocks ended mixed s&p down one point* five and nasdaq down six. investors are concerned the global economy is slowing sightseeing a slowdown in economic news tonight productivity rises 2.2% of from initial estimate of 1.6%. rising productivity mickey and slow job creation of they choose not to add good news for facebook. hang on. the stock is up almost 5% mark zuckerberg is doing great fouling not to sell your shares from least one year. new report says the united states is losing its competitive edge according to a new study the misstates ranks seventh with the fourth consecutive drop for america. with more on how they can regain its competitive edge we have author of the book the true gold standard. when the issue is complex we turned to mr. levin. how best do we

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us bank. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. less expensive option than a traditional lawyer? at legalzoom you get personalized services for your family and your business that's 100% guaranteed. so go to legalzoom.com today for personalized, affordable legal protection. gerri: welcome back to our special edition of "the willis report." our panel of financial experts are back focusing on your retirement questions including the best plan for you. welcome back all, i want to start to rock or not to rock. we had a tweet from somebody who said they are concerned, their son had gotten a job trying to decide where to invest, what do you say? >> depends if he is working for a company with a 401(k) plan i recommend he started their first and maximize and catch the match from the company. if he is talking about an ira versus a roth, iraq will probab

us bank.erri: bill clinton knows of the fire of the base. last night's speech was vintage. the answer in 60 seconds. ♪ gerri: former president bill clinton spoke last night, and here is his report card. dynamic, yes. a great orator, you bet. factually accurate, not a chance. we took a look at some of his claims and found the missing a few details. a lot of details. let's start with jobs. how many can president obama claim to have created? here is bill clinton. >> in the last 29 months our economy has produced about four and a half million private sector jobs. [applause] we could have done better, but last year the republicans lost the president's job plant customer economy more than a million new jobs. so here is another jobs score. president obama plus four and and a half million. gerri: what? here is the reality. total payrolls when the president took office, 111 million. pops up to 106-cent at yuri, but today 111. that is 300,000 jobs. net new private-sector jobs created over his presidency

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you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. this is a test.

you see us bank on busier highways. on once empty fields. ay you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lori: joining me again, the "lou dobbs tonight" "a-team." i could not resist. so fun being here. republican pollster, former presidential adviser and fox is political analyst endorsing president obama. of course does. his predecessor. >> tell vladimir. in fairness, i think he also said that he could work with romney and that his rhetoric was just campaign rhetoric. that being said, i think the best thing that president prudent could do would be stay out of our elections. >> i am rising you would agree. >> the president wracks the popularity ratings and even endorsements from people who can't vote for him in this country. he was not able to fill the 70,000 seat stadium near his own speech at bank of america and charlotte, and yet four yea

you see us bank on busier highways. on once empty fields. yday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. at 12, i smoked my first cigarette. at 15, i was addicted. by 40, il have lung disease. at 50, i'll die of a heart attack. cigarette smoke causes immediate damage that leads to health problems, even death. those who quit or die are being replaced by a new generation of smokers. i'm dr. regina benjamin, united states surgeon general. go to cdc.gov. learn how to make our next generation tobacco free. >> well, my next guest has influenced the economic policies of president reagan and more recently correspondingman paul ryan through his best selling book and here it is, "wealth and poverty", and joining us is legendary, em a -- i'm going to say economist, social thinker and co-discovery of the institute, george gilder, written on technolog

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you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. >>> let's send it down to jimmy roberts. >> thanks very much, here with davis love. a good night for the american team. what did you tell your team last night? >> didn't tell them much. great job and let's go do it again tomorrow. they're getting more and more sold on this concept that we're just going to keep letting guys take turns and play and go out and get them. they're relaxed. phil, tiger, jim, steve, all the veteran guys have been great leaders and they're doing great. they're having fun and you know, we just didn't get off to a good start yesterday in the morning, but in the afternoon we did. >> let's talk about tiger for a moment. for the first time in his ryder cup career, he's sitting. i told them, somebody's got to be

you see us bank on busier highways. on once empty fields. s bank are helping grow our economy. lending more so companies d communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. exclusive to the military, and commitment is not limited to one's military oath. the same set of values that drive our nation's military are the ones we used to build usaa bank. with our award winning apps that allow you to transfer funds, pay bills or manage your finances anywhere, anytime. so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. >>> two police officers in st. paul, minnesota are now on leave after this disturbing video went public. take a look. it shows officers arresting a man and kicking him in the chest as he lay on the ground coughing because he had just been sprayed with pepper spray. he's heard shourting his innocence. he pulls his hair, walks him to the police cruiser and slams his head

you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. neil: have time. a lock box. stop me but more urtext their money is that going weren't should. the latest is san francisco with extra fees for health care for places like restaurants is not making its way to it. 40% going somewhere but not to them. missile security lock box was not locked in did not have a box. tucked in with all the state and federal gas taxes still crumbling roads and bridges and demanding more money. talk about bridge to nowhere the sentences go money, state residents, our money. programs that never bring back here. count was rescue for underwater homeowners. good intentions and gone bad you would think we would know the road of poverty with the government tries to pave it that we had enough of it. but we never

us bank lou: check this out.gun owners b >> i also believe that ak-47s are not wanting hands ofnot in n criminals. >> we are not discussing peoples rights to have weapons. what were the key point is that lou: that as president obama and jesse jackson, to tons of chicago calling for more gunjaks control.on the two sonso of chicago, which, of course, is theof murder capil of the country, seemingly moreog impressed about what is going on in aurora, colorado, then whatd. is happening in their hometown.e the president also went on to talk about the dozens of people gunned down in chicago with murder rate in atlanta, milwaukee, and cleveland. you can imagine what the ima president didn't tell everybody is that chicago has theheerybod strictest gun laws in this country. the number of murders nowhere near those other cities, far, far greater. example.for atlanta with 42 murders this year. that is down, by the way, 9%.n % new orleans, has had nearly 90 murders. new orleans, 90. milwaukee, -- milwaukee is, for a town and c

you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. multi-policy discount... paperless discount... paid in full discount... [yawning] homeowner's discount... safe driver discount... unicorn discount. unicorn wearing a sombrero. olé... countless discounts -- now, that's progressive. call or click today. everyone in the nicu, all the nurses wanted to watch him when he was there 118 days. everything that you thought was important to you changes in light of having a child that needs you every moment. i wouldn't trade him for the world. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. if you're caring for a child with special needs, our innovative special care program offers strategies that can help. neil: mayor bloomber

you see us bank on busier highways. on once empty fields. us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios >>> want to get to some pictures coming in from washington. let's look now at the president and the secretary of state. the president and secretary of state visiting the state department right now. those are the photographs. the president signing a condolence book. and they're urging others at the state department to do so as well. they were standing in front of a memorial for those who had lost their lives overseas. you can see the president, secretary of state hillary clinton there as well visiting the state department today in light of this very ugly and very tragic situation. very tragic situation that happened in libya. the u.s. ambassador to libya,

you see us bank on busier highways. on once empty fields. eryday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. try the #1 gastroenterologist recommended probiotic. align. align naturally helps maintain digestive balance. ♪ ooh, baby, can i do for you today? ♪ try align today. clap. john: every convention and speaker talks about how somebody grew up four. >> my mom said we need to hang on to our house. >> it was not easy. we were on through stamps. >> by grandmother spent her whole life working as a maid, a cook and babysitters. >> raised by a single mom struggling to pay the bills. john: is sounds good for opportunity. people move up. >> but it is false the obama's live a a privileged life with preps school getting a ride to i believe not the average american and story. bowles sides tried to pitch that if it is not true. >> i don't know if it

you see us bank on busier highways. on once empty fields. yday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >> good morning, "varney & company" viewers. today is tuesday, september 4th and here is a simple question. are you better off than four years ago, the question that republicans are asking. and after mixed responses from democrats over the weekend, the answer now is this: blame bush. and according to vice-president biden, america is better off. his brief explanation why. >> america is better off today than they left us when they left. and if it weren't so hot, if it weren't so hot i'd go into detail why, but let me just sum it up this way, folks,

us bank. neil: americans are making less, the median household income dropped 1.5% from a year earlier. from health care cts rising rapidly, waste is running rampant. new study showing $0.30 out of every dollar spent on health care is wasted, nobody knows where that could go. i could tell you where it goes, in my doctor's office. the iphone 5 is finally here, ready to bring in some christmas cheer. some say today's apple announcement kickstarting the holiday shopping season which cannot come soon enough for me. if pats numbers are any indicators, massive sales could actually boost the economy. >> phone gadget, revolutionizing the way that we conduct our lives. all of these ap apps developers, you have to call it much more than just a phone. apple was the first one to come out with all the copycats. so get this, 2007 the first iphone was announced apple shares $120, not a closed around $663. to call apple and asset class in and of itself is an understatement and a lot of economists out this wee

us bank questions.n you're caring for a loved one with alzheimer's, not a day go by that you don't have them. questions about treatment where to go for extra help, how to live better with the disease. so many questions, where do you start? alzheimers.gov. the answers start here. for many, nexium helps relieve heartburn symptoms caused by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. cheryl: as it does not already enough pause on apple, the fun is expected to be unveiled next we consensus bill with 40 data speeds. new reports suggesting the tech giant might break into a whole new business which is actually in new to fill a really old one. let's get to the apple and the radio side of this. the going after big name. >> pandora, the internet ready a service which lost 17 percent of the com

us bank. ri: breaking news coming out of wisconsin right as a state judge striking down wisconsin law that ended public use collective organ rights. the law championed by scott walker caused protesters at the state capitol and recall election. we will cover this news as it rates and keep you updated again. a judge striking it down, we will follow that up. mixed reactions of unlimited quantitative easing basically pumping billions of dollars into the economy every month until the ripple effect eventually hit the job market. with more stimulus the answer to fixing our economy. senior economics writer for the "wall street journal." qe3, love it, hate it? >> so far the market sure has loved it and an indication wall street is addicted to this crack cocaine of easy money. qe3, of course purchasing mortgage-backed securities in 2010 almost another trillion, now we have this new announcement. i can't tell you how much i wish it were so easy to get the economy moving. if only that is what it would take

you see us bank on busier highways. on once empty fields. see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. >>> welcome back and thanks for starting your morning with us. i'm randi kay and i'd like to thank our troops for watching. officials believe the attack was carried out by members of the afghani police force. the nationalities o the coalition troops have not been released. >>> back in the u.s. a 55-year-old murder case finally put to rest. 72-year-old jack mccullough has been convicted in the murder of 7-year-old. mccullough is scheduled to be sentenced on november 30th. >>> in missouri a single-engine plane crashes killing a father, his three children, and a family friend saturday. authorities are unsure what caused the plane to go down or if weather played a part. >>> bad news for hockey fans. after weeks of talks, another nhl lockout began

you see us bank on busier highways. on once empty fields. you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. [ slap! ] [ slap! sp! slap! slap! ] ow! [ male announcer ] when your favorite foods fight you, fight back fast with tums smoothies. so fast and smooth, you'll forget you had heartburn. ♪ tum tum tum tutums [ male announcer ] tums smoothies. john: all little over the top to say america is it is on a 96 many don't know what i am talking about but you know, because you watch the show and a title of the book written by hijack. he explained it leads to stagnation and property and the most important change is a psychological change and the character of the

you see us bank on busier highways. on once empty fields. eryday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. >> they are so substantial, they need to be addressed quickly, and some of those things require hard decisions, and i think that in the context of doing that, people will get uncomfortable. neil: what did he know then? makes you wonder; right? things are uncomfortable. we were worried at the republican convention, and company lowering sales forecast for this quarter, maybe the rest of the year. the chip maker saying economy is slowing down, and it's not picking up. the economy is beaten down. that worries me. >> did he blame george bush for the slow down? neil: he's not a phil moore fan, no. incredible. when someone like that says i see something dicey out here. >> not good, without question. intel lowering guidance for the future, b

you see us bank on busier highways. on once empty fields. ou see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. liz: david and i both have kindled fire is. now we have to get the new one. dave: not so sure. fox business's adam shapiro joining us from santa monica with a running monologue about what they were coming out with. what are the headlines? >> will people buy it? absolutely. when you look at the different android based gadgets that introduced, people want to buy service, not gadgets. the gadgets the are getting from kendall, the eight inch display kindle fire, all of these devices, with more technology, still priced in a point below the competitors in order to get you not only to buy the device but mostly the service amazon offers. let's talk about a rolls royce amazon is offering. that is the kindle fire 8.9 inch display thirty-two gigabyte m

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you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. dave: the s&p futures are closing. let's go to larry at the cme group. any sense what is going to happen on monday? >> the interesting thing if you look at statistics his 16 of 18 when we had a higher day. we think we opened the lower and stayed lower. that is what i am looking for on monday and it is staying lower and finding those bargain hunters will take tuesday and wednesday to extend the rally where we see it today. dave: thank you very much. office supply retailers had a strong day today. let's go to nicole petallides at the stock exchange for details. nicole: a day when we had records. multi-year highs. the office retailers were no different. a lot of a up arrows. looking at staples and officemax. staples is a name that cam

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you see us bank on busier highways. on once empty fields. see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. i'm an expert on softball. and tea parties. i'll have more awkward conversations than i'm equipped for because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. questions. when you're caring for a loved one with alzheimer's, not a day goes by that you don't have them. questions about treatment where to go for extra help, how to live better with the disease. so many questions, where do you start? alzheimers.gov. the answers start here. >>> i'm candy crowley. fareed returns shortly but first today's