Poll a majority of americans are feeling good about 2014 but what economic threats are on the horizon for the new year . Lets bring in todays panel. Pete hegseth concerned veterans of america and fox news contributor, jack hough from barons and simon constable from the wall street journal. Pete start with you, was this a good year for your family . 67 said yes and highest number going back since 2009. It is good to hear. But surprising as supposed recovery has not hit middle america. Interest rates have to go up at some point. The economy is addicted to them. Debt ceiling fight in march. Where will that go with emboldened conference. Adam i tell you where it will go . Jack we have the debt ceiling problem in march. Oil will go up eventually in price. Could it happen before march . Oil could go back up. I dont think it will go anywhere near where its with. This many looking fed rate hike will be less of a exciting event than investors think. Adam could be a minimal hike even if they do it . The fed will be very careful with dollar this strong and overseas markets this week. Dont want to break anything. That is the key. Dont break anything. Adam the market already priced it in. Simon, talk about something everyone can relate to. The price of housing is accelerating at slower pace. Still going up. Still going up. Adam but were lowering standards which well lend to people. What could possibly go wrong. Never been done wrong. That just seems silly. One of the things that will keep house prices down is having tight lending standards you know . Fewer people will buy and keep prices lower and people will be encouraged to save. Adam okay. But then you dont get the inflation that the Federal Reserve wants. You dont get that. But you dont get the Banking System going under either. Adam how much, Mitch Mcconnell said that theyre not going to shut down the government. So is the debt ceiling issue really an issue or not simon . I think it is a bit of a faux issue. No way the u. S. Will not pay its debts t would be ridiculous t would be like not a real country if it didnt pay its debts. That would be very bad. Adam there is nothing more boring than the debt ceiling well drop the debt ceiling and move to something quite interesting, the sony hack. A new report is pointing to an inside job at sony. Security firm, norse believes it uncovered evidence on six individual involved in the hack attack, including one former employee. Pete i will go to you not because of nordic where youre from in minnesota there was always suspicion someone on inside might be helping evil north koreans. Nothing surprises me. How quickly we came out to deem it was north korea which is not indicative of way administration handles things, slow deliberate. They pointed finger very quickly because they needed culprit. There was sense north korea capable their internet runs on an chimpanzee. Adam 12yearold in Silicon Valley shut them down last week. There is evidence of a native russian writer playing a part not just korean writer. At home when anything goes wrong with the internet i like to blame russia first before i even know the facts so im totally satisfied with that term. Adam do you believe the fbi because the fbi said we see a the passenger in the software that indicates previous attacks launched by north korea. We know north korean attacks on Banking System in south korea. Do you trust the fbi . I do trust the fbi but very hard to track the trail of actions on internet. That is why people keep their pornography there. Cant figure out what is going on. It is free. Maybe it was someone inside of the company who was from the Marketing Department who refused to try to market this movie because it was so bad. Maybe that is why. Adam from north korea to the faa, not so much a dictatorship, perhaps. Not so, rise of the machines. Faa is on track to miss, imagine a Government Agency missing its own selfimposed deadline on drone regulation. That means the ban on commercial drones will stay in place or the time being. Simon i got to ask you u. S. Business which would use commercial drones, i mean one estimate, this is according to the association for Unmanned Vehicle Systems International says were losing 10 billion a year in Economic Activity because the faa is dragging its feet on drones. Do you buy that number . 10 billion, 100 billion, two billion, who knows what that number is. That number i think they put their finger in the air to come up with that. Economic activity is certainly lost there but also Economic Activity is lost when you have things flying up near jfk and la guard call wand everyone laguardia and everyone freaks out. Adam we hear about the drones. People get injured. One fell much more important for them to get the to get rules right. They missed deadline this year. Were just hearing about it. Now they need couple years . That is missing a deadline. By 2017, regulations will be older than the what they said. Adam there is definitely need for Drone Technology in the crop land where people want to look at fields and that stuff but in the city, this idea that google will deliver packages in large metropolitan areas. Liability alone should it fall and hit someone on the head the lawsuit alone would prohibit this isnt it . It would. Im tempted by this idea in 30 minutes and order something from amazon and would arrive. You look practically at millions of buzzing machines. I dont want to be regulator. Adam they had same day deliver i r already here. I want 30minute delivery. Dont order anvils or pianos. Can deliver halfway up the building if you need drink refill . That would be good. Go straight through the window. Adam when computers take over. Extending their run. Hillary clinton and president obama topping gallops list of most admired people in the world. Simon he voted three times. My favorite was actually pope francis. Adam catholics love this pope. Three times. Actually noncatholics too like me. Down at bottom, great dinner party, bill oreilly, Benjamin Netanyahu and vladmir putin. That would be a dinner party that would be fantastic. That is my dream golf foursome. Me and those guys. Adam how does Hillary Clinton beat out Oprah Winfrey 13 years in a row. I will mispronounce her name, the malala, the pakistani activist that survived after being shot by the taliban. How does someone beat her. I think adam these are people poll a lot of people on the list, asking who is the most fame must person on the list. They check box they know. 12 . Not a wave of people cheering for Hillary Clinton. 12 admire her and couldnt think of somebody. Adam how do they know who ben bernanke is . Tell us how you really feel, former chair ben bernanke, admits, this is quote meetings involving central bankers get a lot of attention though most of them are deadly boring expletive removed. He said that, not us. Trying to hide something. Breaking out whiskey. Hacking sony. Adam janet yellen has a reputation, let me tell you. She is a party animal. Does anyone care if the Federal Reserve meet something boring . I think boring is probably good. I cant think of anything more boring. My ninth ring of hello would be continual fed meetings, time and time again. Number staff. Bulls and bears. I would be really worried if it was exciting. Adam he said it was exciting when Lehman Brothers collapsed and meeting in october and the world was coming to end. At the end of the day the Federal ReserveBank President s come and go chairman comes and goes but bureaucracy System People who have been there 30 plus who write reports and influence the policy, right . They influence the policy a lot under direction of people on that board. Think about this though. What cree have they committed to be working in that bureaucracy for 20 30 years and having to write those reports that are pretty dull. Only you and i have to read. Rates are set to rise for first time in 2008. You dont want them plying by the seat of their pants. Adam or drone. God forbid they should be driven by a drone. Well have more of this later on. The search for a missing airplane end in heart break. The latest on investigation of asia asia flight 8501. We heard i all before. Were sorry. Wrapping up the latest apologies of the year 2014. Coming up. Adam some good news. President george h. W. Bush finally heading home after a weeklong hospitalization of the 41st president was released from houston Methodist Hospital this morning after being treated for shortness of breath. Bushs Office Released a statement saying, this is a quote he is resting at home grateful to the doctors and nurses for their superb care. At 90 years old the elder bush is our oldest living u. S. President. Heartbreaking new details about missing airasia flight 8501. Officials confirmed they found debris and bodies 60 miles away from the planes last point of contact. Fox news correspondent greg palkot is live in london. He has more for us. Thats right adam. Soon to be launched a major recovery effort after that break through in the search for airasia flight number 8501 but as you noted adam, a sad one to boot. Recovery teams today spotting debris from the plane off indonesias Borneo Island near where that plane went into bad weather and disappeared on sunday. Items found include ad door, a lifejacket a suitcase, floating on the surface of the water. Sadly too among the debris, bodies were found. It was originally reported that 40 were located. Officials are saying no more than three were found floatings on surface of the java sea. 162 including were onboard. Fuselage has been spotted on seabed. The water is relatively shallow about 80 feet. That should assist recovery efforts. This is grim news to those related on board. Indonesian tv ran at some point scenes of those bodies on the water making news harder to bear. They will soon have to start identifying their loved ones. Final lit u. S. Is helping out. On the scene right now i am told, the uss sampson destroyer from the 7th fleet. It include on board two helicopters, cargo lifts to recover wreckage as well as sonar equipment. There is Surveillance Aircraft on the way as other assets. Adam along with the recovery of first the bodies of, then the wreckage, of course the search for the black boxes the telemetry that could unlock some of the mysteries why this accident happened and maybe insure the safety of future air travel. Back to you. Adam greg very quickly you mentioned the flight data recorder the black box. Have they picked up the ping from this device . Not that has been weve heard b the other thing that the United States is offering, adam, is actual ping locators, something that can help the indonesian authorities find these boxes. That again is kind of a parallel urgency alongwith of course the recovery of the bodies and wreckage the battery on those things will last 30 days. Greg palkot, from london. Anksor upding tt. Hankou. Ad ncleamypasng congss a oerin a new w o invesentnetirent onf yre inteste in gornme deb walstre joualsjame frman isere with detls iss anrde comg dn from high, is it not . Right. You mentioned you will have ceo apologies of the year coming up. I wish the president would apologize for this one because it is really dangerous both for investors and for taxpayers. As you said this is a new ram he is voting out without any vote in congress. Adam so this is, but he did say, he asked that congress, he would go to congress to create what is called my ira. Program for people who learn less than 129,000 and dont have retirement taxpayers will wind up saying if you dont have savings when you retire, taxpayer will get hit with the bill. He never went to congress except to tell them in last januarys state of the union on doing this, he directed the treasury to start setting up these accounts. It is a version of a roth ira. But as you said, the only investment is, nonmarketable treasury securities. Basically an ieu in iou in the Social Security trust fund. Giving small rate of return. 2 some years. A little over two this year. This is not how a young person should built a nest egg. It is really i think dangerous for young people to get them into this type of investing which wont pay for their retirement need. Adam you will need a return of eight to 10 when through that young. Very quickly, what is more troubling about this . The wrong message on how to save and prepare for retirement is being made . Or the fact that the Treasury Department is doing this without authorization from congress, just kind much creating it as they go along. Hard to find any winners here outside of washington. You mentioned there is a question of authority. They are claiming that given their General Authority to manage the governments debt they can do this but this is not an efficient way to fund our government. It is going to have a cost. Theyre going to Pay Private Companies to manage this thing. Adam theyre not saying how much theyre paying them. They havent told us how much. Probably not much at the start. Adam comerica, right . Comerica has the contract. And, like all Government Programs it is bound to grow over time. And i think the danger is that from a rule of law perspective the idea that the president can set up a Subsidy Program and never get congress to vote to approve it is dangerous. Adam as mel brooks once said, it is good to be the king. History of the world part one. James freeman. Great movie. Adam the year of the foreign threat from the rise of the worlds richest Terror Organization to russias move into 2014, 2014 brought up unprecedented events. Well look where america goes from here. If you thought the weather over christmas was strange waist until you see what new years eve has in store for us. Do you ever have too much money adam all right. So between security threats from isis in the middle east to russia in ukraine and crimea, 2014 has prove vern to be the year of a resurgence in foreign threats. Peter barnes is in washington with more details for us. Peter, can you break it down for us . Yeah, adam, with isis rampaging across syria and iraq and russia invading the ukraine were not enough for the u. S. To handle in 2014, north korea made it a National Security trifecta over hack of Sony Pictures and movie the interview and threat of 9 11 style attacks that showed the movie. Mike rogers, chairman of the House Intelligence Committee said that made eight nationstate attack on United States. By end of 2014 in iraq, isis appeared to be a standoff against iraqi forces helped by american air power. The air power u. S. Also used against isis in syria. In ukraine government in kiev and rebel forces in the east, and russian backers were bogged down in negotiations to end the conflict there. It was hacking of Sony Pictures appeared to be the most sensational National Security threat to the u. S. This year. It wasnt just about the movie. It wasnt just about a studio. It was about the vulnerability of the u. S. Financial system, telephone networks, electric grids, Defense Systems and more to cyberattack. What is important is the lesson here. That if north korea can do this, so can virtually any other competent group, whether it is a Foreign Government or a group of terrorists or simply a group of criminals. So the u. S. Government and u. S. Companies are on notice and on guard for Cyber Attacks for 2015. Adam . Adam well be watching that to see if that is the big issue in the next year. Thank you very much, peter barnes in washington d. C. Lets break this down with a panel that we have prepared. Stephen yates ceo of d. C. International advisory and Lieutenant Colonel ralph peters is a fox news strategic analyst. Let me start with you mr. Peters. This is really troubling in all respects. I mean the cyber threat can come from any number of people who have ill intent for the United States whether it be russia. Whether it be perhaps isis at some point or whether it be north korea. We have two selfinflicted problems with the cyber threat. One is a lack of leadership. Two is the lack of laws. Our laws on everything from intellectual property piracy to actual Cyber Attacks lag technological generations generations behind the threat. And on the other hand you have got no leadership, not in congress either, but certainly none from the white house until a little bit of dismay with the sony hack because that affected their hollywood base. Adam let me bring in mr. Yates on this you used to be an advisor to Vice President cheney and if you look at isis in iraq, part of the reason isis was able to become what it is today the United States had promised sunni muslims in iraq they would be part of a government and then the shia majority in iraq said no you will not be part of this government in a simple explanation. There was no leadership from the United States to prevent what has now happened with isiss rise in iraq, was there . Well there are just similarly generations of mistakes in iraq that have fed into the growth of isis. Not just in iraq. There was a of course related developments in syria. The advent of the iraq war, most recent iteration there were a lot of things fled across the border into syria and waited there. When we had a precipitous withdrawal of course the civil war was festering in syria that fed that and across the border back into the iraq. There are really layers and layers of mistakes that fed into that crisis. Adam with the Obama Administration looking at 2015 and rest of us looking to the future, what is the biggest threat facing the United States . Does it come from the middle east and isis . Does it come from north korea or come from mr. Putin . Well it comes from a lack of leadership within the United States. When the United States is strong the world complains but when we are weak, the world suffers. And it is really impossible to handicap it las vegas style premier putin he is the biggest threat. He could be. We could see a catastrophic hack that really did devastating damage but what we do know, the enemy that is active right now and deadly right now is the Islamic State and other militant groups such as al nusra. Al qaeda is back. Khorasan group and boko haram. Boko haram is not a threat to us. If we dont get serious about islamic fundamentalist fanaticism, were still not serious despite airstrikes in iraq, if we dont get serious that will continue to metastasize. Adam very quickly mr. Yates do you agree with that. I agree with much of it. The danger is conflation, and geographies and islam im, open border and this is disasterous for us. Adam i have to thank you you both. Were out of time. All the best in the new year. Happy new year. Adam major Health Concerns as the flu near as frighting mile step in the United States. Well show you which areas are being hardest and how you can keep your family safe. Plus while the rest of the world parties into the wee hours of the morning americans are at home committing the ultimate new years party foul. Piles of money coming up. Out you know hidden things. Ok, whys that . No hidden fees from the bank where no branches equals great rates. Thanks. [ male announcer ] fedex® has solutions to able Global Commerce that can help your company grow steadily and quickly. Great job. mandarin cut it out. See you tomorrow. These ally bank ira cds really do sound like a sure thing but im a bit skeptical of sure things. Whys that . Look what daddys got. Ahhhhhhhhhh growth you can count on from the bank where no branches equals great rates. The cdc is warning about a flu epidemic. That is the dark red on your screen. Lets bring in doctor kevin campbell. One of the hardest hit states more virulent than we have seen in years past. It really is. One of the more severe strains. We are seeing lots of cases and lots of complications. This flu is not well covered by the flu shot this year. It is making things a lot worse. It makes me wonder why we bother with the vaccine in the first place. It is still important to get the flu shot. If you do. The flu you are likely to have a less severe case. It is usually a little short lived. Children obviously susceptible. And the elderly. Certainly good hand hygiene. You try to isolate them as quickly as possible. Contact your primary care physician. Which is better, good oldfashioned soap and water reducing God Bless America or the Hand Sanitizers . Honestly, for the most part, warm soapy water is probably the best that we can use. Thank you for joining us. We wish you the best. All the best to you. Thank you. If you are planning a new years jaunt to sin city, you may want to grab a parka to go with. Janice dean, the weather machine joins us. They need water and not part of the world. They do. The ladies will have to cover up a little bit. Look at the coolest temperatures. The cold air is in place. Factoring the windchill. What it feels like. We are expecting some snow. Lets take a look at the forecast. You can see more snow in the mountains across the southwest. That will continue through new years day. We could see a little bit of measurable snow in sin city. Pack warm clothing. Dress appropriately, ladies. Or drink heavily because that will keep you warm. You are so smart. All of these great recommendations. America is a friend that goes home at 10 00 p. M. Staying up well past 3 00 a. M. Here in the United States, the boroughs of new york set the standard. When are you going to sleep on new years eve . For most people, it is well before the 11 59 a. M. Places that you know. Embed by 830. It was great. We ate dinner at 10. It is safe to say government officials are not paying for that show. A do it yourself adventure. At the end of the day it is all about money. Adam i am out of shapiro with your fox business brief. Fedex delivered 98 of express packages. Dagen business day. Economists say that eight prices will rise by as much as 40 next year because of a new law in california. California hands now require enough room to stand up. The irs says that next year tax Filing Season will start on mine after all. The department will start processing returned january 20. That is the latest on the fox business network. Giving you the power to prosper. From the u. S. To every corner in the globe. Oil giant is in deep water as it faces the fault over 54,000 in foreign debt. Over to china. The incident sheds new censorship. The great firewall. The government denies any involvement. It is a tolerable in the tv spy drama homeland. The show portrays a war zone. Calling all. America needs you. There are more cars on the road then ever before. The number of auto tech ish and second fix them. With me now from auto one auto care. You are training people. With the millennials, we are not getting the information out there. If you like engineering, you like it, this is the industry for you. Adam 40,000 50,000 depending on where you live. There is everything from coming out immediately if you decide in a year from now and you want to be a tech mission in Atlanta Georgia are you would be able to go to places you have never seen and been to before. Adam when i think of auto mechanics i was a terrible mechanic. To be able to, so many of them have questions of thinking. We are out there right now trying to make sure that they are getting excited about what opportunities are. Showing them what their opportunities are. Thank you for joining us. All the best to you. Thank you so much. Have a great day. Adam lets go to lori rothman. She has more. It is always fantastic when a stock doubles. It actually helps stage parkinsons disease sufferers avoid an alternative which would be surgery. Shares up more than 150 right now. Adam thank you very much. U. S. Taxpayers lost more than 9 billion. It will cover just 70 billion of the 79 billion loan. 6. 5 million. I figured that is called encouraging. Qualifying for government health. Just call it the ipod. It will be integrated itself. It now accounts for more than 1 of all digital transactions. One College Coach less than expected. Sorry, not sorry. This years most serious ceo blunders. You can never have too much money. Introducing danceallyouwant bladder leak protection. New always discreet underwear for sensitive bladders from always, the experts in minine protection new always discreet underwear absorbs heavy bladder leaks faster than the leading brand, so you can feel comfortably dry. Plus always discreet has a discreet fit that hugs your curves. You barely feel it. New always discreet underwear. Now bladder leaks can feel like no big deal. Because, hey, pee happens. You total your brand new car. Nobodys hurt,but there will still be pain. It comes when your Insurance Company says theyll only pay threequarters of what it takes to replace it. What are you supposed to do, drive threequarters of a car . Now if you had a Liberty Mutual new car replacement, youd get your whole car back. I guess they dont want you driving around on three wheels. Smart. New car replacent is just e of the features that ce andard with base Liberty Mutual policy. And for drivers with accident forgivness,rates wont go up due to your first accident. Learn more by callingswit to libertmutualndou can save uto 423. For a free quote today,call Liberty Mutual insurance at see Car Insurance in a whole new light. Seven whether it is on wall street or main street, here is who is making money today. Nine team musicals pulled in more than 1 million each. Taking one for the team, tom brady, giving his team more cash to spend on other players. It allows the patriots to spend an extra 24 billion elsewhere. Making a little less money than he expec i it is one of the highest salaries for coaching for all. I do not think many people would complain. 2014 was a sorry state of affairs in the most literal sense. Leading people in charge again for forgiveness. Managing partner. Lets start with, well, lets start with such. Be quiet and it will happen naturally. I think that his apology was pretty weak, honestly. Are there actions that follow up with it . I do not know. I am not in side microsoft. It is hard. Everybody is human. I know i have said anything that i have regretted later and i apologize. Her way to apologize was to be with reverend al sharpton. Yes him. Studio executives speak in a right or loose weight. It was not her fault that these things got disclosed. It makes it seem like it is pandering. Loreal is not pandering. The 401 k controversy. They decided very briefly that they would not let people take their 401 k . Also, complaining about healthcare costs. A lot of problems over there. I would say they will have a lot of retention issues. That is my guess. It should be a good platform. The question is who will you get . He actually came to the right decision. This guy dont you get a pass until you are 21 . Demeaning women and also certain actions with them. Obviously mortified and embarrassed. Was that enough of an apology . A little bit of a pass. Bring Hand Sanitizer with you. Adam all right, guys, thank you very much. One of the red light cameras in the country may actually cause traffic accident. So my doctor prescribed lyrica. The pain has been reduced and i feel better than i did before. [ male announcer ] its known that diabetes damages nerves. Lyrica is fdaapproved to treat diabetic nerve pain. Lyrica is not for everyone. It may cause serious allergic reactions or suicidal thoughts or actions. Tell your doctor right away if you have these, new or worsening depression, or unusual changes in mood or behavior. Or, swelling trouble breathing, rash, hives, blisters, changes in eyesight, including blurry vision, muscle pain with fever tired feeling or skin sores from diabetes. Common side effects are dizziness, sleepiness, weight gain and swelling of hands, legs and feet. Dont drink alcohol while taking lyrica. Dont drive or use machinery until you know how lyrica affects you. Those who have had a drug or alcohol problem may be more likely to misuse lyrica. [ karen ] having less pain, that means everything to me. [ male announcer ] ask your doctor about lyrica today. Its specific treatment for diabetic nerve pain. It, red light crash, traffic lights raking in 500 million for chicago but there is concern that this may increase the number of accidents. Jeff flock joining us from chicago. Jeff you are looking at one of these cameras one takes a wide shot in the that takes a tight shot of your license plate. Theres a big light to eliminate it even at night and then you ticket in the mail for 100 bucks. It is the biggest Red Light Camera Enforcement Program in the country and theres new evidence that not only is it not leading to a reduction in accidents but causing an increase because people when they see these lights and the sign and the flash bill haas slam on their brakes so rear end crashes have been increased. Look at the number of u. S. Cities with red light cameras. It is on the decline because of all this sort of thing. A lot of people opposed to it. Here is the other thing, this intersection of mccormick and lincoln. Look at the numbers on the numbers of tickets. Usually is a couple tickets a day. In december of 2011 they spiked up to 23. The next day there was 81, the next day even more. What happened, they reduced the time of the yellow light. The people that went through the thing actually wound up getting ticketed with a shorter yellow. The city eventually corrected it but thats sort of thing has turned people against red light cameras. Adam i have gotten snagged. Thank you, that is all the time we have. I hope you are making money today countdown starts now. Below 18,000, the dow tumbled for a second straight day but is still up more than 8 from 2014. What will the new year bring to this record market and your money . We are looking for answers all during the next hour on fox business. The biggest corporate blunders of 2014, the nfl, General Motors microsoft and more find themselves in communications crises, one top pr export tells us what they do wrong and which Companies Got it right coming up as well. Flank private for less. Rising up offering private jet flights to members who pay a fee. The new apps turned into the uber