Keeping friends in the cold war. Sendg money to people who are on our side versus their side that is what it was about. Now it has become very metric. Can you literally save lives for well under 1 of what we spend to save lives here. By saving those lives you avoid the population growth and instability that leads to Huge National security issues, countries like nigeria, yemen. If we let them triple in population, we are going to ha huge cost and instability. Humanitarian argument really point to this as the more clear parts of the entire budget. Neil so you would draw a line between that kind of aid in th money recently committed, 250 million or so to the Muslim Brotherhood in egypt. Characterizing we dont know that is the case, what uses it will go to. Once you get up into countries that are little better off, the complexities of how do they view their relationship in the u. S. , so entangled with previous regime that there is a counter reaction to that, those areas are not expert in. What were focused on, what we have chosen to take the money i have, the money Warren Buffett has given, to work in the same kind of Global Health area. Vaccines for children, the science part of that and the delivery part of that, we say it is simpactful, so wonderful we will take our money and join in on polio eradication and malaria medication and be a partner with government in some unbelievable programs i can see on a regular basis. Neil your money appears to be impactful, your Foundation Efforts seem to be impactful on no small measure because of you and melinda. The u. S. Track record on this is dicey, and even more globally efforts after disasters calls into question whether money ever gets to the right recipients, the haiti earthquakes some years back use as a sample. Im sure you are familiar 2 billion raised by governments and private enterise and concerts and the like. Unless i missed something, it is disastrous and right with poverty and famine and abuse as it ever was. That is what worries me. So you mention it as you did today, the number of children dying every year has gone from 20 million to fewer than 8 milln. Give me examples were that is not the case. Wait a minute, you should have gone to haiti before the earthquake. Neil i did. Haiti was a tough place before the earthquake. A lot of thamoney didnt get spent, a lot of it did get spent to restore things backo that situation, and so there you are making up for a huge setback. In terms of health, where as you get families to be more healthy, they choose to have less children so the population growth goes down. My money that goes into aid is the same pot, a fairly small percentage. The money from the foundation that goes after vacces, same thing. It went from bng a tiny part of the budget to over half now, malaria, neglected diseases, and that half which we work in, that i will vouch for completely because looking at the numbers all the time. Neil very smart folks, they would right away give it to you and right away through your foundation because you do get a lot of bang for the buck. Warren buffett a fan of higher taxes on the upper income and the government doing more spending, when he had his brothers, he chose to commit whatever money he is going to have before he goes to you and after he goes to you and the foundation, not the u. S. Government. What does that tell you . We have the private sector that is the biggest and is phenomenal. Anythi you can do for the diseases of the rich, the needs of people, it is fantasc. Government comes in and helping poor countries. Philanthropy is only a few percent as big as either of thoseectors, but tends to be more innovative, more willing to take science, new delivery programs. There is a couple entry rule, so often we are taking our time talking with the government about what we know and where we have a common view. Im a biggest fan of philanthropy because it is like venture capitalist spending. Sometimes you take on things like trying to get teachers to have more feedback and raise the average qualy. Those programs may or may not succeed. It is not the typical thing a government might do. I like all three sectors in an appropriate role. Im trying to make sure warrants money is well spt. That is my fulltime job now. Neil i found it interesting advocate was urged the vernment to do more and believe the rich should pay more, when he had his brothers choice of cutting more money to e government or you, he chose you and melinda. That is true. We need to fund whatever activities the government should do, and we have the cap and how to close t gap. We would like to encourage more philanthropy because my view is it is fun and has a good impact. Each one of these sectors have a leg up and do better eve day. For the government, how do you balance the budget is one of those big challenges and everybody has opinions about that one. Neil indeed. If i can go back to philanthropy itself, there are a lot of worries, a few charitable foundations myself, nothing like you, but the one woy we have had is whether w were going to get an impact from the rich pay more taxes, contributions, do you worry about that . Philanthropy is very important, the u. S. Is very unique not only the skill of philanthropy, but it is not just the richest who ge to philanthropy, the nonrich are so generous in thisountry. If you look at it statebystate, tossing a 5 of income being given like 2 elsewhere. It is a broad, broad movement, certainly there coulde some cutbacks because it is deductible,t cut both ways. You nt want to run tax rates unnecessarily. You want a balance between if these are important programs, you have to pay for them at some point. I think were looking at a higher deficit than we would like in the long run. Theres a very importa argument about given a shakine of the onomy, how do you phase in thatbalance. In a sse the deficit is a stimulus to the economy and do we still need that level of stimulus. The medical costs and the idea would be not to argue about the citizen pays for the government pays, but how do you get those increases to be more in line with the growth of the economy, which they havent been and it is good fo the gernment projects those increases, are there things that could be done to get more innovation on Cost Reduction . There i think we havent seen enough thinking, certainly what i see about medical stocks in poor countries is suggestive it is in the efficiency side would be ideal because it is t a zerosum between citizen versus government. Neil do ever and vision going back to microsoft are more active daytoday rollcall . Or is it enough to keep you jazz and going for the rest of your life . I certainly miss being fulltime on that stuff, i get to defend spend 15 of my time, but my dedication is to the foundation. Polio eradication. With the partners, we will get that one done and we can focus on malaria, tuberculosis, get the death rate down from the 7 million even down to 3 million over the next 15 years. Neil john hudson senior, and i think Warren Buffett has said their goal is to die broke. They want to give it all away. I wonder with your three children, ha you told them that is your goal . If theyre looking at a huge inheritance, it and come in . We have talked to the kids about the vast majority of the wealth is going to the foundation. All of his money spent within 10 years after his death, the money will be in foundations,ut even there after, our foundation and his childrens foundations. Our foundation is set up so after melinda and i are gone, our foundation will spend the money within 20 years. Our kids are excited about the foundation work. They will get a Great College education and some support, so they are very, very lucky. Neil do any of them have to worry . Not at all. If you get to gigantic levels giving a kid hundreds of millions or billions of dollars, it is not good for the kids or society. Neil from the countrys richest man to the ceo who i pretty rich in his own right. On why making lots of money shouldnt be a sin in this country. And then, former the view cohost and how shes helpi thousands of women become stars at work and rake in the big at work and rake in the big bucks while they are at it. [ male announcer ] these days, a Small Business can save by sharing. Like carpools. Polly wants to know if we can pick her up. Yeah, we can make room. Yeah. [ male announcer ]. Office space. Yes, were loving this communal seating. Its great. [ male announcer ] the best thing to share . A data plan. At t mile share for buness. One bucket of data for everyone on the plan, unlimited talk and text on smart phones. Now, everyones in the spirit of sharing. Hey, can i borrow your boat this weekend . No. [ male announcer ] share more. Save more. At t mobile share for business. Neil after the bailout, aig ceo who is speakin out. Saying former ceo hank greenbe greenbergs wrong when he says the county would have been just fine if aig had just goneunder. I go back to the crisis and most things i agree with about, most things we see eye to eye on. After i decided to take this j job, he was comfortable with what i was going to do. A tremendous amount of insight. He believes aig could have failed and not too big to fail. I believe he is absolutely wrong. The fact is the road was in crisis. Aig, if it was allowed to use bankruptcy to shield itself during this crisis may have been better for shareholders at that time. They have been better to accept it. Heoesnt see that. He doesnt realize if aig went under, and he above anyone else understands how big aig is, it is huge at that time, it is still huge and it touched everything. The regulators from every country, every state would begin have chaos and never and you putting it together again. You would have no financial system, we dont know, but it doesnt justify his minds the weight of the property, but the board at the time agreed, and you can say it was a terrible deal, and it is, ey were taken advantage of and they may have been, but one has to make a judgment, so what. Neil would the turnaroundat aig, y fought with the government, a couple of key issues, i think your argument at the time was that it was all about marginally retaining good talent and by the government standards this would be impossible. You got your way, now i was thinking a few recentlyhen i heard what they are concocting in swierland, now seems to be going the other way. Once in the missing Top Executive pay. Policing ceos salaries, what you ink of that . We have to deal with the reality there is a backlash continuing related to pay. What is most important, it is unfortunate for switzerland, they changed the law, shareholders will, make the vote and t decision they dont realizize many of the largest institutions the shareholders are americans. Were giving mutual funds in america the vote, and they will not get the results expected. We treat people appropriately, it is not an issue. Neil it always comes back to what is fair, what is right . There are tens of millions of dollars, hundreds of millions of dollars, egregious, courageous, what do you say . If u love your sports team and pay tens of millions of dollars to play baseball and basketball and have fun, it is okay for team is winning. When your team is losing they want to get rid of them and they are paid too much moy. Neil how are you feeling . I am unlucky to have cancer, happy i dispatch in the therapy. Great doctors, they have been able to keep me going. My cancer is somewhat less than what i started. Ey cant detect it right now. I will not let you decide when i will die. Neil you continue doing what youre doing in the middle of treatment, details of which not to relay, but at a time said is this another steve jobs situation . Is he sicker than we think . It was horrible. Some of the articles that came out, one in particular froo the wall street journal, it was tough for my family because it was basically saying youve got cancer, it will be awkward, why put people in that position . I started something, i wanted to see it to a good spot. We had a quite closed with the federal government, we were struck through that transaction. Listen, you have to start everyday until you cant. I was loving wt i was going, we spent a good amount of time together, so wanted to see it get completed. Neil i dont mean to get too personal, d anybody say you might die . Yes. I was given nine months to a year to live. I knew i had until may, had to work with the board on succession, i needed and appropriate exit so this could coinue. The last thing i needed was for my family and children and the people i love to be able to say what a shame, he got that close and didnt get it done, i wonder if he was right in the beginning. We are in a great place, the company will make it, the people will continue to have their careers, but it was about all these people come over 3000 people in america alone. Neil being self absorbed, i would start thinking more about me. Think of a diagnosis for i am told might have nine to 12 months to live. Obviously it is not that now. Has your family said we know you are committed to making u this rit, but we are your family. They said we love you, this is about doing the right thing. Neil what is the diagnosis now . Im doing well, enjoy life until somebody tells you the starting to affect you again. They dont know, they dont know enough. I live every day and enjoy myself and have a lot of fun, smell the roses. My grandmother used to say to us give me my r roses when i can smell them. So im enjoying giving roses and spelling them and having a wonderful time. [ villain ] well mr. Baldwin. It appears our journey has come to a delightful end. Then i better use the capital one purchase eraser to redeem my venture miles for this trip. Purchase eraser . Its the easy way to erase any recent travel expense. I just pick a charge, like my flight with a few taps, its taken care of. Impressive baldwin. Does it work for hotels . Absolutely thank goodness. Mrs. Villain and i are anning our. You scare me. And i like it. Lets go whats in your wallet . Lets go nascar is about excitement. But tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. Thats why we partnered with hp to build the new nascar fan and media engagement center. Hps Technology Helps us turn millions of tweets, posts and stories into realtime Business Insights that help nascar win with our fans. Neil facebook expanding, yahoo profit surging, both have women leaving. Both receiving big time thank yous and bigtime payback addition to go with it. Breaking and 6 million for her First Six Months of work. Former the view costar star jones represent women trying to get where they are. Since a lot of them have a long ways to go. We have many issues we are facing with the membership of any pow. We run sort of the gamut, we have women run the corporations hallway to women srting new businesses out of their homes and everything in between. Doctors, lawyers, insurance salespeople, people with manicures. Neil what keeps altogether . The fact we are professional women looking the Opportunity Network with each other. Neil do find it encouraging . It is absolutely encouraging. Having the opportunity to talk to both of them in the last two months, i was a big fan. Their experience is not evyones experience. I was thinking about the whole concept of leaning in as a Cheryl Samberg calls it. Depending on who you are, you cant pick and choose when you need to lead in and if you want to lean in. As minority professional women i feel like i have leaned in from t time i started, 18 years old to the point where i am almost bend over. Neil do you think the days of them have a tough go of it, those days are behind us . Those days are not behind us. When the women of opportunity is open, there are more women standing outside ready to look, but the door of opportunity is not always open. Giving resources and tools so women can get the Necessary Foundation under them to get into the workforce. Neil do y think we should have quotas . In terms of specific numbers. Neil at a certain number of africanamerican women. I actually think it is limiting. What i would like to do is force people to consider. The Biggest Issue in diversity and ployment with gender, race, religion, anything is who is at the table making the decision. So if you dont have diversity at the table, they will not bring in the binders of women that would need the opportunity to discover something that you might not have. Mitt romney thinks of it that way, i guarantee you he doesnt think it that way aaymore. Neil what do you think of the job the president is doing trying to have the cap next reflect some of the things you say. He got some heat because of the cap and members was i disappointed when secretary clinn was no longer there and secretary rice, ambassador rice did not get that job . Yes. I was disappointed from the womans perspective and om a professional thinking womans perspectivv i thought she was a great candidate. However, i looked at what the president has done for working women, i know we bring this up a lot t the fact the first bill he ever signed was the fair pay act says to me this is who this man is and he has consistently vored that act. Ne despite some of the pay packages, there is still a gap there. Should the government just stay out . The government cannot force this issue, the free market will decide this. The free market has to be pushed a little bit. This is your area of expertise. Neil you are good at business. When business is not doing what they need to, the law has to poke at it a bit. Neil when you look at the tv landscape, the personalities who dominate it, it is very opinionated to me,e, in your fa, always screaming. We try not to do that here, but you know what i mean. It is not really my cup of tea. Television that is more sensational and less informative might be entertaining to some people but i dont think it elevates the level of discussion. I would much prefer to be in a situation where we can disagree without being disagreeable. It is extremely tough, the whole reality has in a lot of ways made wen really look bad. Africanamerican wen, latina women, young women, older women, women in general. What happens is it shows the worst spac days opinion of whata woman does when she is put into a group, she will be in a catfight, use foul language, when it has always been my experience. In a professional Work Environment youre never permitted to act that way. I cannot say to you that e member of my organization could go to worand behave that way. Not one member. Theres only one job that allows you to act likan idi, it is called reality television. You cannot act like an idiot at the ups, if you challenge her colleagues and you jump across the counter, guess what, you will be fired. That is the whole point. Neil it looks like everybody wants into the market so why are so many rich guys avoiding them like the plague . Like the plague . Scott mcnealy is there a pursuit we all share. Better life for your family, a better opportunity for your business, a better legacy to leave the world. We have always believed in this pursuit, striving to bring insight to every investment, and integrity to every plan. We are morgan stanley. And were ready to work for you. Neil here is how bad things are getting in washington. Scott mcnealy is warning people are afraid to invest. Theyre usually five categories of areas that are scary and folks who normally invest in u. S. Equities. Number one, the debt is quantitative easing, qe2 is turning into the cap next, and such. Neil maybe theyre concerned about that as well, or no . That means they know inflation is coming ke a Freight Train and anything nominated in u. S. Dollars are getting devalued. A tax in every asset and income stream in u. S. Dollars. By the way, call that trickle up poverty. We are basically destroying the buying power and unfortunately it is very regressive because it does not destroy my lifestyle but it destroys the bottom half, the middle class, their lifestyle is getting destroyed. My parents lifestyle and their nest egg is getting destroyedy the quantitative easing, it is a disaster and smart investors are saying the race to the bottom, currency race to the bottom is not a place to be. Neil i know you look at what is going on in the market aggregate, billionaires, successful guys, they seem to be saying i am not getting trapped in this thing. Are they right . It is a bubble. Nobody wants to get caught in a bubble when it pops. Neil play that out for me, what do you see happening . What is going on in our country . Ihink there is an enormous amount of bad policy. Arguing about raising minimum wage. That is the exact wrong thing to go do, that is driving mor tricklup poverty, more employment, and the economic war of the u. S. Versus other countries when people are out of work is just a disaster. Obamacare diving underemployment, outsourcing that sort of thing, this whole concept of are we a redistribution society or are we ing to take care of the safety net . Or 50 million foodstamp people. And a real battle on capitalism versus socialism. I think bigtime investors would rather invest in societies moving toward capitalism. We are on a Freight Train hurtling toward the gdp in the public seor and that is not what i would call a strong capitalist society. That drives this third issue that has to scare anybody who takes a look at it, huge chunks of the economy, housing and assurance being taken over and moved out of the private sector into what i call the government sector. The government sector Everybody Knows operates inefficiently, ineffectively and very corruptly. Leading me to another issue the u. S. Economy and government used to be the model a flock of correction, but when you look at what we have with government sector unions, that is inherently corrupt. Porkbarrel spending, the definition of corrupt mess, they call it crony capitalism. I call it crony government listen. You look at things like solyndra, the post child for that. I think the leership in this country, no disrespect, love my country, i am very patriic and invested american but the leadership is just not something i respect. The divisiveness, the rhetoric, the noise, all th the rest of i. I believe in small government, personal responsibility and lack of victimization. We dont need half of the country being handled by the safety net which is basically not a safety net, it is a velcro, flypaper. We need a trampoline for the bottom one, two, 3 . Not a velcro dependency net for more than half the country. I look at all of that, i am no different than any other trying to invest. U. S. Equities moving the direction we are moving as a country is not a place to be. There are better currencies and better geographies to go invest in. Neil your tax are going up, spending going up, instead of complaining, try yukking it up. On why if you dont laugh at washington you will just cry over washington. Aaah aaaaah theres a guy on the window do something, dad aaaah aaaah what is happening . Theyre rate suckers. Their bad driving makes Car Insurance more expensive for the rest of us. Good thing theres snapshot from progressive. Snap it in and get a discount based on your goodriving. Stop paying for rate suckers. Try snapshot free at progressive. Com. Amelia. Neil and buzz for teaching us that you cant create the future. By clinging to the past. And with that youre history. Instead of looking behind. Delta is looking beyond. 80 thousand of us investing billions. In everything from the best experiences below. To the finest comforts above. Were not simply saluting history. Were making it. Neil nobodys getting along, nothing is getting done and spending wont op. Washington is so funny especially when it is not trying to be funny. I think major problem is we have to put people into washington who are more interested in doing something with the people then getting reelected. I have an idea that speeding car drivers have patches all over their clothes of all the sponsors, how about if we make the people in congress where patches of the lobbyists who own them. So we know. Neil th would be a lot of patches. So we know no wonder he voted that way. Rather than walk on, work on the future war, wehould end our time and intelligence on how to avoid getting involved in other peoples wars. Neil were very astute comedic career on it, do youook at this each side playing the fear side, the democrats who say you are going to run the program off a cliff, rational people have to see through that and say calm down. Speak othe there always in a stf panic. Father every four years he went out and voted for the president and wrrte in his name. Im serious. I remember set i think i got it this time. I think people have got to realize, were laughing at it right now, if you cant laugh at it, you have to stay calm because it will work out. Neil in other words each side seems to be quite curt time the growth in something with killing the program. Whether it is defense or medica, pick a program. Rational people, even the ones who say no, this is not the case we have to really check into it thoroughly. You take the whole gun issue, i think we should check the constitution a we shld check our government. I believe the second amendment, there is a typo in there. We are allowed to bear arms. They saw tshirts coming into the future. And nothing too with guns. Neil something tells me they have not expected that. The good thing about a comic or somebody socially commentating, you realize how stupid you sound, and you realize you are not far apart on some of this, lets just solve this. But he is getting solved. You see what they have going for them, the citizens, they are too dumb to understand how dumb these people are being. It is like a peanut. Americans lowered the bar getting things done. Using the bar is going to get any lower . No, it is on the pament. If you use common sense, they picked the things most dear to us. Spinach, were never going to have spinach and broccoli. Were going to lose, babies will not be nutritious. What is that . Neil they play off of that stupidity and we can say anything. Neil if you dont do the American Public said never underestimate intelligence of the american people. Neil just as somebody who watches this scene talking hundreds of billions dollars, spending money we dont have on initiatives that have yet to pan out and then argue in the same breath as many have that we dont have a spending problem even though were spending a trillion more than we have taken in, isnt that a tragic comedy right there . It is ludicrous. You dont spend more than you have, and you dont extend yourself a point were never going toe able to pay it off. They are lucky, we pass it onto ouchildren and their grandchildren. Our kids, now yolook at video games, we can buy a shoelace because they have to pay this off, it keeps going and going and going until it hits a wall somewhere. You cant keep printing money. Neil both sides love you to death, but why are they so okay with this . It is not a right or left issue, they are okay with the fact government is back giving out more stuff is okay, we like going back to this. I will tell you anything we can do right away. I think as fars foreign aid is concerned, we dont give it to any countries consistently voted against us 70 of the time in the united nations. Everything is a microcosm in the neighborhood. If you have a guy who hasnt paid you back, you dont give him more money. You dont get might these people who are always knocking us and voting against us. Let them just go wherever theyre going to go and it is very hot down there. Neil he your dad ran for president , are you . I wrote in for Mike Huckabee in the last election and i will tell you why. Even i didnt think he had a chance, when he was asked would anybody in the world he could pick anyone to be his Vice President , who would he choose . He said jesus christ. I thought god for bid something happens. Neil thank you. If you and i went out for drinks, today it is on me. Got the hollywood money, and then i said to you it is great seeing you, i have been a guest on more talk shows that anybody in history television. That is what it means. Neil forget a perfect 10. The new numbers guys want is 780 and above. Now men are looking to score, looking at ladies credit scores. No two people have the same financial goals. Pnc investments works with you tonderstand yours and helps plan for your retirement. Talk to a pnc investments Financial Advisor today. Nascar is about excitement. But tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. Thats why we partnered with hp to build the new nascar fan and media engagement center. Hps Technology Helps us turn millions of tweets, posts and stories into realtime Business Insights that help nascar win with our fans. Neil beauty doesnt matter as long as your finances arent ugly. And new site is matching people based on a credit scores. And you are never going to believe whose profile wa profile stumbled upon. Perfect credit score. And howard rosenkranz. Al right, more on the tuba in a moment. Do you think this is a difference . It is a huge difference. If you value your credit, you will not have a lot in common with somebody who is careless with theirs. How people treat their money tells you a lot of who they are. Do they think lon longterm, are they trustworthy . I have certainly a score, it has to do with their credit score. This is a great idea. Neil i think you are hurting. You are free to open up. I guess this is a sign of our times that things are becoming a little more than skin deep. This is better than the sugar daddy website that people have now. At least you can look for somebody your own age, right . Yes, the economy is hurting right now, to incomes are better than one and this may be a little shlow but to incomes are better than one. Neil i do think incessantly about our society that before we get serious, everything but their bank statement. I want to see a credit score, how good you are with money and then we will talk. Not unreasonable. We can all decide what is important inur life. It really isnt at the end of the day. You can set his music to the tuba. It wasnt based on what you have. You want to pick your mate based on what is critically important. What is important to Jonathan Hoenig is the credit report. This is about compatibility. You are not going to be happy longterm with somebody who is a fitness kick, it will not be compatible with yours. Whether it is leisure or health, we seek people out who are compatible with us. Neil i will ask you this, jonathan, think about what you justaid. You are basing our future mate on whether she has a good credit score because you think that says more about her than, i donknow, kiness, decency. I think it says a lot about them. People tend to respect themselves in my opinion. Neil you are not in love with her. If you are more obsessed with what she says about assets, she will be a painn the asset to you. It is transitional. If you saw donald trump in 1991, his crrdit score was not too great. Neil you would have missed a diamond in the rough, and there to warn you they are all turning. It dont really think this is necessarily about compatibility. The fact of e matter is we are seeing a lot of things pop up including this sugar daddy website, student loans. Neil what about somebody who is loving and caring . I ree. People have the right to choose who they want to be with whether it is with money or not. Shallow economy could be reflective of a shallow relationship. Neil stick around. We are final witnessing it. The end on c cpcpcpc÷noxmhmh melissa hello, everybody, im im gerri willis. Well bring you a users guide to health care. I will give you tops, tools, strategies to help you better understand and take control of your Health Care Including saving money. Among the issues were exploring tonight, are you getting most from your insurer. I spoke t to dr. Pamela galen. She is working mom, practicing physician and author of, how to survive your doctors care. Lets start with talking about people feel intimidated by insurers. What a the games they