Skip to main content

tv   The Willis Report  FOX Business  December 16, 2013 6:00pm-7:01pm EST

6:00 pm
"the willis report" is coming up next. ♪ gerri: hello everybody. i'm gerri willis perry tonight on the will support. the government incandescent bulbs and kicks in and january 1st. have the details. the president promised most of us will never even notice obamacare because the health plan won't be impacted individual investors say the ball can't continue into the -- 2014. our financial panel gives us their prediction. we are watching out for you tonight on "the willis report." ♪
6:01 pm
welcome to "the willis report," your show, your money, your voice. and tonight getting a great deal used to be that electronic goods retailers, camera stores, tv purchase for the vote was willing to handle. high-end retailers are entertaining offers below the sticker price. how do you do that and how low can you go. how soon do you have no? a consumer adviser to mention that marketing company. welcome back to the show. >> thank you for having me. gerri: is a lot of different kinds of retailers out there. i read that nordstrom's is not allowing their sales associates to do a little haggling. >> then advertising because they want to maximize their profitability by negotiating indiscriminating price is based upon a consumer who might need to deal and those are asking for gerri: was so you what the benefits can ask and you shall receive, 89 percent of handlers
6:02 pm
got their way and they're average savings was $100. that is great news. i have some questions for you. let's say i want to haggle. do i talk to? >> first of all, it is important to be informed when you go into stores. the best form right now that we are seeing across multiple retailers' is price matching. go online to our research prices, have your smart phone ready with a price comparison tool like red laser and as the store associate. you're she says no, ask to speak with his superior might have more power. gerri: the store manager can help you out. you want to talk to someone who can actually make a deal. you don't want to arouse -- harass someone who is not empowered to make a difference. >> and be polite. gerri: the strategy. >> you want to be polite. and, like i said, be informed. you want to know about the product so when you're speaking with the store is the seat you are on higher ground. if you know about it they will decay you as inferior. as well.
6:03 pm
gerri: a data do that anyway. so some of the sales associates have a real chip on their shoulder. you have to be careful stevens' shot the race sales associate. i have seen all kinds of ideas like gotti in the month and a shot at the end of the month because they're trying to make -- they have sales targets. they're trying to make them. tell me, when you are in there trying to negotiate a you bring in the best information you have, talk to the right person. if you're not willing to get them to bed -- if they're not willing to bend his is of domestic and ask for. >> i would say be ready to walk away. oftentimes you'll find that there will come running after you work they have your phone number at a furniture or appliance retailer will call you. you can also ask, if they can but on the price, oftentimes a lot of these retailers are willing to throw in add-ons and the bundle packages. gerri: what does that mean? >> perhaps your looking at a camera, they throw and high-end accessories to my camera case, or maybe a free extended warranty which could be of value of a few hundred dollars.
6:04 pm
gerri: ask for everything you can absolutely get. of course, you can always go somewhere else. it is the duty today shopping environment. >> and look at the small, locally owned businesses. they might not be able to reset rock-bottom price, they can still make a lot of red vote -- wiggle room. there is often times a lot of good that comes with working with small businesses. gerri: when you are negotiating something like that, it makes sense not to talk the all-time. >> exactly. listen. and be determined and don't be shy. speak directly. set a price. and then just go back and see how they respond before you start. gerri: toward you. thank you for coming on. always great to have you here. now, we want to know what you think. here is our question tonight. do you handle? log onto gerriwillis.com, vote on the right hand side of the screen. i will share the results of the end of the show. here is something else you have to hear about, you better start stockpiling, my friends.
6:05 pm
it is about to be lights out for light bulbs, at least those lowest wattage varieties. starting january 1st it will be illegal, against the law to make or import those traditional 40 and 61 balls that you grew up with. senior fellow at the manhattan institute, how many of these heavy stockpiles? >> i started buying -- i have about 60 in my garage now. i bought them last year when i first read about them. i bought them because i have valleys, tried them, tried the complex -- compact fluorescent i find that the light is better and i prefer them. rather than have them now watanabe will to get them, and stockpiling. gerri: i read, and i have to give you this pushed back. this is what i read. they said that only 10 percent of the energy that one of these incandescence uses actually goes to light. the rest is used up as the. so it sounds like they are not
6:06 pm
very efficient, robert. >> that is true. they are not very efficient. the current models of incandescence that we're using now are essentially is same as a model that thomas edison perfected about 1882. we have been using is a serious and technology for 130 years. what other technology, what other world changing inventions such as this one has been a long? i cannot think of another. the incandescent change the world. now we are going to how long it. consumers don't buy the most efficient model necessarily have anything. they buy what works for them. gerri: just look at the pre is compared to trucks. i mean, people buy trucks. they're not necessarily the most energy-efficient. the energy act of 2007 to thank for this light ball baena and other things like ethanol. thanks a lot for that. i mean, george bush signed this. how did we get into this mess that we are banning these bulbs?
6:07 pm
>> well, you are right. it is a legacy of the energy independence and security act of 2007. this was pushed, in fact, remember representative jane harman push this specific plank saying that it was going to transform the u.s. and make us energy independent. the reality is that that is a lot of bunk. the reality is that consumers, again, they buy what works. i by incandescence because i buy it to, like the color more. i think this is just another example of government over reached. let the market decide. by 1led, more efficient bulb, i will buy it. if i don't -- gerri: i have to tell you, they have mercury in them. if you break it, you have to have people in flak jackets come in and clean it up. i mean, right? >> that is not quite true. gerri: how would you say?
6:08 pm
>> the al lead the bulls are getting better, but there still quite expensive relative to incandescent. you made a good point on efficiency. we now sell ford, chevy, and dodge combined sells seven times as many pick up says toyota sells breezes. this is an example of consumer choice. they want to buy the vehicle that works for them. gerri: i think that is true, but there are downsides, as i was mentioning, to these compact fluorescent bulbs. and they do have mercury in them. sometimes a leak. sometimes the image uv rays. tell us about the downside of this technology. >> the compact fluorescence, that has been talked about. they have mercury in them. if you break one in you have to be careful in how you cleanup. but the bigger issue is the initial cost. the initial cost of incandescence is low. the operating cost is higher. i had 1led then i bought because i wanted to see what it looked like. it cost me $50. you know, again, the light on it
6:09 pm
is nice, bright, but that is one of the iipediments for people buying cf bells are compact fluorescence verses the release. substantially more expensive. you make it up in the long run. more efficient, not as expensive to operate, but the up-front cost is serious. gerri: i just like the light. from the regular old fashion light bulb. it makes everything including me look better, and you have to do what you can do. at my age you're willing to try anything. thank you for coming on the show . gerri: more to come this hour including a ridiculous tax in maryland on rainwater. we will tell you about that. and the dangerous nature and cropping up in the work force. payday style loans are offered to employees by their own company. details coming up after the break. ♪ thiss the quksilver cash back card from capil one.
6:10 pm
it's not the "limit the cash i earnvery month" card. it's not the "i only earn decent rewards at the gas station" card. it's the no-games, noigning up, everyday-rewarding, kung-fu-fighting, silver-lightning-in-a-bottle, bringing-home-the-bacon cash back card. this is the quicksilver card from capital one. unlimited 1.5% cash back on eve purchase, everywhere, every single day. so ask yourself, what's in your wallet? [ male announcer ] if we could see energy... what would we see? ♪ the billions of gallons of fuel that get us to work. ♪
6:11 pm
we'd see all the electricity flowing through the devices that connect us and teach us. ♪ we'd see thatlmost 100% of medical plastics are made from oil and natural gas. ♪ anan industry that supports almost 10 million americanobs. life takes energy. and no one applies more technology to produce american energy and refine it more efficiently than exxonmobil. because using energy responsibly has never been more important. energy lives here. ♪
6:12 pm
♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools iroduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. gerri: imagine if you need to add this to your list of company benefits, short-term high interest loans. a growing number of employers are allowing lenders to pitch these loans to their workers as
6:13 pm
an alternative to pay landing. but is this auction any better? berger joins me now. it is great to see you. that's to go one-on-one. tell me about these loans. >> about 50 million people in the united states are taking the small loans. choices are bad and worse, and the really bad are paid the loans, tony's soprano. a lot of employers are coming in and what they're saying is, if we can make these loans available at an affordable rate, but affordable, it is not as bad as these people going to pay the loans and getting into really severe financial problems. gerri: let's take a look at who has access to these. they're now available to 100,000 plus workers in the marketplace. coming years it will be as many as 10 million workers to have access. why did becoming more common? >> the place that these are becoming more common is in brazil. the idea is if he tidies us to
6:14 pm
someone's paycheck there is a much higher chance it would be paid back. gerri: repayment. >> repayment. in california seven & of the palin's don't get repaid. the cost is expensive. with these types of loans, payroll loans, supposedly it is about 1 percent of people who don't pay back. so the cost is a lot lower. gerri: the most critical number is what you are paying, the interest-rate. there are short terms. super high and. tim% to 165% for these workplace loans, including fees ranging from $8 to 25. what kind of fee and what kind of interest-rate did i pay and pay the loan? >> on the paid a lot you can pay 15300%. we did some research and we found some of these pyrroleeloan companies are charging about 30%. so compare that to a credit card. it is a lot of money. there are advantages. these are small dollar. typically there is some financial guidance for education provided and also, because their installment loans, if you pay them back to actually improve
6:15 pm
your credit score. gerri: on by that i see it. here is what i believe, the downside, the negative. you're getting your loan at your workplace, not from their employer. this is not what they're doing. but you are very much at of having that loan extend over many pay cycles. again, you run up a bigger and bigger debt, hardly trying to legislate pay lending. >> that is a distant problem. there are different choices, and it can be structured so that you will not exceed your income. in brazil there was a 30% cap. you cannot charge someone more than 30 percent of their income. so they're not going to be using all their income just to pay back the loan. with the pay a loan, it is a lump sum. you paid, you take it out again on the next payday. and it is the road to financial ruin. gerri: i don't see this as being terribly different. the interest rates are lower, with the same kind of problem in
6:16 pm
emerged. fair lawn, why are the employers during this? >> the employers and doing it because they are not getting any direct financial -- gerri: it is not a payback. these are real income people. they get a pay lenders. having financial issues. cat in the countryside. they can afford the car payments or to fix the car. they are in severe financial problems. they got sick and have nowhere to give money, but 300% paid a lender. this is not as bad as an alternative. so. gerri: it is fascinating. it does you a lot about what is going on out in the rest of america where people are still really struggling, even now off. thank you for coming in tonight.
6:17 pm
it is great to see you. among we come back, the problems keep coming from obamacare with a new investigation showing some navigators are trying to get enrollees to lie. and you may like singing in the rain, but if you live in maryland, you're going to pay for it. the details behind a rainwater tax after the break. ♪ ♪
6:18 pm
hmm. mm-hmm. [ engine rev] ♪ [ male announcer ] oh what fun it is to ride. gethe mercedes-benz on your wish list at the winter event going on now -- but hurry, the offers end december 31s [ santa ] ho, ho, ho! [ male announcer ] lease the 2014 ml350 for $599 a month at your local mercedes-benz dealer.
6:19 pm
yep. got all the zies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. [ male announcer ] fedex one rate. stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. gerri: maryland's nickname. why is it taxing residence for rainwater?
6:20 pm
we will explain in 60 seconds. ♪ @%
6:21 pm
♪ gerri: taxing, taxing rain water. i know it sounds crazy, but that is exactly what the state of maryland is doing, creating a flood of of rage. with more on this, the county executive who opposed the law. i hope i said that right. thank you for coming on a show. you say this is a bad idea. who proposes this kind of thing and why? >> is started with the epa passing a mandate. and in our state legislature and our governor took it up and thought it was a good idea that maryland be in the lead in imposing this tax. gerri: out as a work? >> this is our second tax on water in the last couple of years. gerri: how would it work?
6:22 pm
>> basically they pass it down. the state legislature passes a mandate at the top ten jurisdictions in the state of maryland be taxed. repass it down to the county residents. gerri: all right, but taxed now? an ounce. it sits on about an acre property. what would i see? >> well, they require that each county set up it at own tax and that the structure be determined by the county council, so each of the jurisdictions have a different tax rates for the citizens and businesses. gerri: this sounds like a mess. essentially the amount of rain water that is outplace by my structure, my building to my house to my get taxed for that. is that the way it works? >> that is the idea. they're thinking that the amount of impervious surface on your property, roof, driveway, home will determine the amount of tax to pay. gerri: that sounds like a ton of money. >> it can be. gerri: with kind of money can erase with this? get hooked on that money, they will want more.
6:23 pm
>> you know, i have this saying, you can't have a new tax every time you want to fix something. that seems to be the recurring theme. we have had 40 tax increases of the last seven years. this one alone is intended to raise $14 billion by 2025. gerri: you oppose this. next to the maryland house republicans will try to get this repealed. how likely are they to be successful? >> some actually voted for the tax. another is a movement underway to get it repealed. gerri: having second thoughts now? did they hear from a lot of their constituents? >> i do believe that the constituents have been outspoken on this issue. my veto was the lead in helping folks understand that this tax is really an unfunded mandate and is unfair to the citizens of the top ten counties in maryland gerri: does this apply to businesses? if you have a shopping center with the big parking lot you paying the taxes on that? >> absolutely. we have businesses in our county u.s. and millions of dollars the
6:24 pm
meeting storm water and a proper is geithner still receiving tax bills in the hundreds of thousands of dollars per year. gerri: wow. as a homeowner what kind of bill, give me an idea. single-family homes, 85 to 1753 is that dollars or less the possibly more? >> i live as single-family home. my taxes one on the 70 per year. it is shut down the phasing for the first few years, but it never sun sets. this is a tax that goes on forever and is intended to increase in the coming years. gerri: is the idea that they think people will build less if they impose this? what i they try to accomplish? >> i think the governor in maryland want to be on the front end of this new tax. he felt strongly that this going to be part of this progressive agenda in maryland. really, for any taxes in seven years is a lot. i started to ask folks about it i want to understand where the citizens work. they were confused between this and the gas tax. is just a lot of new taxes. gerri: let me tell you.
6:25 pm
you have a house sitting in your property. but that was the point. thank you for coming on. appreciate your time. we will follow the story. >> my pleasure. thank you. gerri: attacks on rainwater. coming up, the federal reserve celebrating its 100th birthday. happy birthday, fed. what does the central bank had planned for its 101st year? thanks, the majority of americans with employer sponsored health care plans, fed up with obamacare making there plans or spirit still with us. ♪ my mantra? family first.
6:26 pm
but with ls energy, moodiness, and a low sex drive, i saw my doctor. a blood test showed it was low testterone, not age. we talked about axiron. the only underarm low t treatment that can restore t levels to rmal in about 2 weeks in most men. axiron is not for use in women or anyone younger than8 or men with prostate or breast caer.
6:27 pm
and children should avoido are contact where axiron is applied as unexpected signs of puber in children or changes in body hair or increased acne in women may occur. report tse symptoms to your doctor. tell your doctor about all medical conditions and medication serious side effects could include increased risk decreased sperm count; ankle, feet orody swelling;s; enlarged or painful breasts; problems breathing while eeping and blood clots in the legs. common side effects include skin redss or irritation where applied, increased red blood cell count, headache, diarrhea, vomiting and increase in psa. ask your doctor about axiron.
6:28 pm
>> from the fox business studios in new york, here again is gerri willis. gerri: christmas in new york is beautiful. beautiful except for obamacare. calling in the big guns. the president meeting with ceos
6:29 pm
to figure out how to improve and fix healthcare.gov area which continues to have trouble. with on this, we have a help fellow at the heritage foundation. was that enough to have people like tim cook and people into this? >> no, they are not going to take this and it really isn't about obamacare. maybe because they're using oracle software. and they are probably there for other issues like nsa spying or other things like a patent on other things like that. gerri: look at eric schmidt for example. lots of people that will be on the list will be talking about
6:30 pm
how to fix this website and we have so far to go in now tonight it shows many americans are blaming obamacare for their employer-sponsored health care. 77% of americans living changes on obamacare. are they right? >> in many cases they are right. but not all cases. they have this impression of a failinn program. and it's kind of a pottery barn rule. if they break it, they own it. gerri: a pottery barn rule. very interesting. it seems to be very difficult for many people i'm sure that
6:31 pm
you are familiar with them, we will talk about them. we talked about them before. these are the people who are supposed to sign up for obamacare. and they say this. the health and human services mismanagement and uses fraudulent behavior and poses a real threat to the safety of consumers including identifiable information and yearly income and other sensitive tax information. you think the house committee is blowing this out of proportion? >> i think there are real concerns there. the attorney general of west virginia has been looking into this and many have passed their own licensure rules and regulations, which they are allowed to do. it comes back to the fact that this is another example in the
6:32 pm
legislation where congress has tried to reinvent something. we have insurance agent and they are regulated and trained by the state and these people are already out there. why do you need to reinvent it. >> the brokers are being locked out, and it's much more difficult for them to be a part of this party. but we talked about navigators. and we have shown how these navigators try to lure people into this. i mean, really being duplicitous and then duplicitous about who they are and how much money you have earned and whether they should get subsidies or not. >> the problem is some of that will catch up to those people that go along with it. what happens when they have to do their tax return and they will have to put down the real
6:33 pm
numbers. >> well, the irs is in no way prepared to follow obamacare down this rabbit hole and they do not have the number of countries and trend information that they need to be able to actually go after people in maybe five years from now. >> yes, keep in mind that there are different pieces of it. so i'm just referring to what the irs already does fairly well. and if you get paid something extra by so vitamin a, they file a 1099 form. otherwise they pay interest. things like that your employer
6:34 pm
offer coverage and should you have done that instead, they won't be set up to catch that. gerri: but here is the dirty little detail than i've had to study this because i've been a business reporter and what they look at is agi, adjusted gross income. and they have to have different software and think about it differently. it's a different calculation. i think the white house is oblivious to this. >> there is no doubt that this thing is a nightmare to implement. and that is to get the information because there are people who'll be looking in their mail from the insurance
6:35 pm
card for the insurance company and they will have been like, well, who are you. and that's the scary part we don't know the answer to. and the reality is the insurers are saying that we don't have accurate information we don't know who these people are. we have kids who are signing up who should be on someone else's policy. and it's interesting is do whatever it takes and we will give you the money later. but i think what that signals that this is the first time the administration realizes something that i had expected for a long time. and they need the insurers more than the insurers need them. and this is not going to work at the insurers are able to make it work. >> you know, it is tangled and
6:36 pm
the way weaving is so complicated. thank you for coming on we will see you again soon. gerri: when we come back, why you may have to worry about your privacy the next time that you fly. and investors have been pessimistic about theestock market and they are changing their tune about this. our financial panel tells us why we are more upbeat coming up next. ♪ ♪
6:37 pm
6:38 pm
6:39 pm
gerri: stocks have been on the rise raising questions about the trend. many americans say the party is over. here to weigh in is our financial panel. the managing partner, the ceo of macromedia financial group and i will start with you.
6:40 pm
taking a look at these numbers, they are pretty amazing. 44% say it will drop or crash and so what does that tell you? >> that will probably rise. i think it is great. if you own stocks or your individual accounts, you should be happy. because history has proven so it is part of this and i am buying. >> you believe the opposite? >> if you look at this, you find the opposite and it's almost 100% that believe the stock market is going higher.
6:41 pm
and this includes professional investment in any the little guy to come in at this point. and they are trying to catch this. >> you and me, well, we are the last to the party with what people expect to happen here. the small investors have it? >> i don't want to say they have it right or wrong. we are in a safe territory right now technically. i believe we set a bottom for the selloff last night. the upside could take us all this way. gerri: let's talk about this weeks events.
6:42 pm
we are getting together and scott may decide that, you know, what we have been doing, we are going to stop doing this. what will be the impact if they pull the plug, you know, on all of these bombs would they have been buying. >> is that sometime in january or february or march or april, there's a hint of volatility, which means downtown to equity, which means i would probably have this we are buying into. and they have been a part of this. >> i think there celebrating their hundredth birthday. >> they may be crazy enough to hit this thing longer. and they say that we are trying to stimulate the economy and keep it slow. yes, it is dropping and getting better, but it's nowhere near
6:43 pm
where they would want to be, so maybe they will stick around for where it wants to be. gerri: are you saying that golden stocks are going to switch places and gold will do great and stocks are going to do bad? >> there's a lot of risk that is unaccounted for in the next several years and remember this. >> it does matter, it's what popped up the market at this point. and i think we see this crater. especially if they come out and do something more than the market expects. you have $412 billion on the equity market on borrowed time. and that is in nominal terms, a percentage of capitalization and
6:44 pm
i think there's a lot that could be a part of the market. >> the charts are telling me we are safe above on the futures and as long as that level holds, we are okay for now and that was tested overnight last night. and if that continues than we could really see a rally from here. and if they come out with some very draconian tapering plans and announcements this week, you could see a negative reaction. >> one of the most important things is what the fed does.
6:45 pm
ben bernanke is most powerful person on the planet when it comes to the u.s. economy and stocks and don't you agree? >> i do because they play doctor with the economy and they try to get this out, if you would and that is why the rates have stayed low and the market has gone up and there's no one else to go. another set of this huge mass and have janet come in and clean it up. she's going to come in and in fact, maybe even more for equity prices and keep the rates down. gerri: thank you both for coming on. we will continue to follow it. >> thank you. still to come, new concerns about air travel.
6:46 pm
wait until we show you. it is amazing. and if you're driving home for christmas, you may want to take some extra precautions if you live in the states with the worst drivers. that list is coming up next. >> ♪ ♪ ♪ ♪ most ofmerica's energy comes from right here at home. take the energy quiz. energy lives here.
6:47 pm
gerri: your airfare may soon get personal. what will raise an eyebrow? details are coming out tonight.
6:48 pm
6:49 pm
gerri: would you buy an airplane ticket customized to your needs and wants? do you want cream and a copy or do you need an extra pillow? that is what the airline
6:50 pm
industry is hoping to do by collecting your personal data, such as your address and birthday and frequent flyer information, all in order to offer you a tailor-made fair that might include extras like wifi or others. there is a special attention and joining me now is ceo rick feeney. so this secret group is everyone. everyone who wants to share this information and why do i think it will be an advantage to me? >> well, a couple of things. they love to comparison shop. they do it a lot. in fact, it takes up to 300 shopping requests before someone actually books lesson that is what the airlines have to deal with. and the law, they like some rationality and their ticket prices. if i buy early, it should be
6:51 pm
cheaper. >> i wouldn't call it rationality. and i think we are addicted to shopping. >> yes, what this new technology does which is the policy that is being vetted and going to the department of transportation, it basically says, you know what? the airlines could, in theory, offer those who sits on the north end of town and completely different prices based on what they know about you and completely different bundles of information. airlines wants not only be transportation companies, but they also want to be merchandisers unbundling you wie bag and $75 if you want to change her ticket later. from the big problem here is that a lot of people are shopping on their own. they can comparison shop all this stuff. gerri: okay, here is the deal. the airlines are desperate to get people like you who i like
6:52 pm
very much. and they have hammered the profits and profit margin and they are desperate to take control of that. and this is their effort. so who is going to raise the prices? >> when you look at what they do to raise prices, if they don't have to compete and they don't have to make an offer, and these are the regulations that are out there. it's like a pandora's box. and ticket prices will be going up because of it is the one you gave us a good ride there for many years. lowering prices, allowing us to
6:53 pm
compare. there is still some chance finally deal. gerri: thank you for coming on, have a great holiday and christmas. >> u.s. well be one unbelievable. just forget traveling by air. driving off road is a big adventure. especially if you livv in one the states with the worst drivers. the top five tonight, number five and [radio transmissions] is alabama. number four is texas. number three is mississippi and seven for the failure to obey basic traffic laws. south carolina. they have the worst careless driving record in the nation. in the second worst drunk drunk driving rate. and the number one state is
6:54 pm
louisiana. this state finished in the top five for failure to obey. this includes ticketing rates and careless driving. the state with the best is vermont. and i think they are all they're all writing bicycles up there. go to gerriwillis.com. i will be right back with my "two cents more" and the answer to our question of the day. we want to know about you shopping at stores. ♪ ♪ treatment option and cost estimates, so we can ke better health decisions. that's heah in numbers. unitedhealthcare. you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real...
6:55 pm
david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex.
6:56 pm
6:57 pm
6:58 pm
gerri: ticket to get them to understand. cameron from massachusetts degrees, another power grab. this will most of students from learning critical thinking. real love hearing from you. send me an e-mail. go to gerriwillis.com.
6:59 pm
finally, sometimes you can tell a lot about a person by what they buy. just as the celiac patient has ended a free bread, looking at what is in our nation's shopping cart. tonight we talk about the new phenomenon of employers offering workplace loans to my short duration, high-interest rate loans to workers, a water cooler payday lending, if you will. a story we did not get to, apartment dwellers spending an increasing proportion of their income on rent. nearly one-third spend half of their income on leasing leaving little opportunity to buy a home. put all that together with our lead story on retailers' increasingly willing to haggle with consumers on price and you see a portrait of american consumers still struggling with the weak economy. we are not out of the woods yet, my friends. washington should be focused on improving the economy, generating jobs. leave this off season the obamacare recriminations for another time. that's it for tonight on "the willis report."
7:00 pm
thank you for joining a spirit of for it to record the show if you cannot get to us live. have a great night, and we will see you back here tomorrow. ♪ ♪ lou: new reports that the obama administration lied a lot of the year. i'm lou dobbs. lou: good evening, everybody. a "washington post" reporting that the obama white house delayed enacting controversial regulations on health care, the environment, and worker safety, all trying to help the president win reelection last year. thaa is according to the seven current and former obama administration officials who told t

49 Views

info Stream Only

Uploaded by TV Archive on