Brokers raking in billions of dollars by mining your personal data from information you give at the checkout line, y knew that. But guess what . Now theyre looking at your cebook posts and status updas. Thats right. So who is buying all this info . John ulzheimer, Credit Expert at creditesame. Com. He joins me with details. Always great to have you on the show. Particularly on a friday, valentines day. Thanks for coming i my pleasure. Gerri this is so interesting to me because this has the ring i hear it all before. Didnt this happen during the subprime crisis . What theyre doing is compiling information on those of us who have the least that then lenders, subprime lenders, credit card issuers, can go after some of these people. What do you make of it . Yeah, we should probably stop calling private infoation private because it is really not private. It is actually very valuable. It is for sale. It is completely available. It is being aggregated by companies and sold to lenders that want to make offers tailormade r consumers with financial problems. For exple, those with tax liens, judgments against them or even bankruptcies and offer products and service that is would resonate to someone in that kind of financial stress. Gerri jon, we always knew that, right . There is certain amount, it makes sense to look t those go to the county courthouse. Thats right. Gerri find out who owes uncle sam money on their taxes. So those are the folks who dont get loans. Now it is way beyond that, way down the road. Looking at my facebook posts. Oking at my social media profile to figure out if im somebody to lend to . Look, my friends cant how is somebody working for one of these companies supposed to do that . Our point is very welltaken. The challenge we have we try to put ourselves in th position of the company that is actually using and mining the data. Theyre not using common sense methods. Theyre using highly sophisticated analytic process to see is our frequency posting is predictive of something. Is how many friends we have predictive of something . That is telling a story whether were good prospects and targets, absolutely. Gerri really . If i thought Credit Reports out there were highly accurate i might be obliged to agree with you. I know they are not. These are same folks, same 4,000 data brokers looking over your shoulder, reading facebook posts whatever else youre doing on line. Let me tell folks what they are putting together. Look at lists sold to lender. Underbanked prime pspects. Information broken down by race. Kaching. Let it ride. Compulsive online gam brothers. Listen to this. This sticks in my cra speedy dinero. These are hispanics in need of fast cash receptive to subprime offers. I said earlier, you know it is interesting, because sound like the mortgage meltdown all over again. Finding people who cant really afford the loans and marketing loans right to them. Is that whats happening . Absolutely. This is the next generation of highlytargeted marketing. Instead of justsing Television Ads at certain times of the day or certain placements on the radio during drive time. Now were looking at, hey, can we get this information and make it even mortar getted to consumers . For example your one about the hispanic speedy cash is great. The challenge we have. This is all voluntary. We dont have to respond to any of them. Taking out a loan is completely up to us. Were not forced into doing it. Make sure youre doing Due Diligence making offers and gerri hello, mr. Banker, if you offer somebody a loan you should know whether they can repay or not. That is the problem i have with thatind of marketing. Theyre essentially marketing to people who cant affor their is so disturbing. Clearly individuals have responsibility on their own, i do agree with that but it goes both ways my friend. To one of our favorite topics. Suze orman. Suze is out there right now and she wants congress to make some changes out there. Why dont you tell us about it. Yeah. She has gone to change. Org and asking people to vote for her petition to basically force the Credit Reporting agencies to accept Prepaid Debit Card information from the Prepaid Debit Card issuers. And this is problematic for a variety of reasons notwithstanding the fact suze orman is pushing an selling a Prepaid Debit Card of their own and theyre called Credit Reports for a reason. Theyre supposed to house credit obligations. Prepaid debt card is not credit obligation. Is stored value card that has your own cash. Gerri i thought with the industry on thishey dont want to grade or score you how you spend your money. They want to grade or score you how you pay it back which makes a ton re sense to me. Suze says, no, no. Should be turned on its head. The whole world should be changed. My question to you, jon, does she want to change things because she thinks it is better for america or wants to sell more of her Prepaid Debit Cards . That is very good question and who knows what lurks inside of her mind. Herhere is the good news, it aint happening. If you look at consumer feedback over her post it is largely negative. Stay out of my wallet. Im sick and tired of my information being shared. Those are types of comments were hearing. Credit reporting industry has no interest in the government telling it what it can accept and cant accept. Trouble trying to force information on to a Credit Report it doesnt solve the problem. Credit score systems will not consider information that is not predictive of future credit risk. If a preid credit card is nothing more than me using cash which does not tell a story about my cret usage. Gerri let me, i will ask the question in a way that is easy to understand. If i go to starbucks, does it mean im a worse credit risk, i dont know . What does it tell you . Literally nothing, right . It tells me you like coffee. Gerri now before you go that is what it tells me. I wanto tell people fees on suze ormans preapproved credit card. Purchase fee three bucks. Monthly account, goes on and on. Withdrawal fees at atm. 2 buck as transition. Balance inquiry, dollar transaction. You get te pnt here. There is lot of money to be made. I think she would like to make some more. John, thanks for coming on my show. Happy valentines to you and stay away from Prepaid Debit Cards. Gerri thank you, sir. More details for the bottom line concerning the massive merger of the two biggest and frankly most hated cable compaes in the United States of america. Weve got two of the best here to debate. John berg meyer, senior staff attorney for Public Knowledge, and James Freeman assistant he had orfor the wall street journal editorial page. These two go headtohead on this topic. Gentlemen, start with you, you do not like this merger. Why not . Well, i dont like it i think when you have a company lik a postmerger comcast such gatekeeper power over the cable industry and broadband industry it would have effect that is ripple all throughout the country even in are not covered by either comcast or time warner. Gerri i know you object on the basis of this company will be too big, but to my issue. I think prices are going to go up. What do you say . Well you know already most people dont have a lost choice in terms of their cable provider. And that is not going to change. The competitive situation certaiy isnt going to be better n fact yesterday, in a press call, comcast admitted that this merger would not lower prices for consumers. In fact it wouldnt even slow their increase. Gerri all right. James to you, you have a different view on this. What do you think of the merger . I think it is fine. I think markets work pretty well and consumers benefit most when washington allows vigorous competition and that is what you have here. I dont reallyee this great power. The cable guys are competing with satellite on the video end. Theyre competing with phone companies doing broadband and video. Theyre competing with wireless. The Biggest Issue in the cable industry over the last decade has been people cutting the chord, saying they dont need wire in their house. Theyre going wireless. Gerri gerri, the world changed, competition has changed. Lots of other players who could get in the middle of this and change the world entirely. I want to read something from your walltreet jonal editorial though. Heads up here, john, listen to, y giant fundraising deal is bonanza for groups like Public Knowledge which considers toking antitrtrust violation by definition. What do you say . That is not true. It is not bigness. It is market power. It is how big you are relative to anyone else. You wield so much more power than the nearest competitor. Bringing up cable tv. Look at broadband market where if you just count cable and fiber enabled broadband, really high speed broadband, not slower dsl after merger comcast would have 30 million broadband customers and their next nearest rival would have under 10 million. That is, doesnt look like competition to me. That looks like a rout. If these guys have so much power i dont know why we dont see that in their Profit Margins. Gerri explain. Explain, their Profit Margins are roughly similar to what you see with the Telecom Companies they compete against. Roughly similar to the satelte companies they compete against on video programs. Not as good as frankly the content Companies Like yours that travel over the pipes, over the cable pipes. In other words if someone has great monopoly power they should be able theoretically to extract g profits by gouging customers. These guys dont show those profits. Gerri okay. Let me show you monthly cable bill last 10 years, nearly tripled up, 166 . It will go to 200 bucks a month. Seems like theyre doing okay to me . But they are. A lot of that money is passing through to cable channels. Of course espn, most famously get as huge amountf money per sub desire. Point is americans want this. They like wating this stuff. Gerri john what do you say. If comcast is so strapped for cash amazing to be one of the top lobbying spenders in washington, d. C. To try to influence the political outcome of their favor. I agree high content costs are big driver of cable bills. To the extent that comcast is able, to use its leverage to somehomaybe get a better deal from disney or viacom, number one, i doubt they will pass that along to their customers. Number two the content comompans will make it up by charging more to other smaller cable providers left in the market. Gerri i have to take you to something i think you both should respond to here. Look at pay tv Customer Satisfaction index. These two companies are at the bottom of the lis americans think, oh, my goodness, these two people are getting married . I dont likeither ofhem. I dope want to go that wedding. They are two consenting adults here. The point is, very possible if consumers dont like them, if they use other options on line, netflix has the most taed about it. V show with house of cards. Gerri thats right. These guys could be out of business in 10 years. This business of bundling a bunch of channels selling them as a package it could be going away. This is the opposite of entrenched market with huge power. John . Thats why this deal is all about broadband. Im not sure how you watch netflix unless you have a Big Broadband internet pipe to watch netflix. Gerri theyre slowing it down now, john. How about at t, wireless competitors there is not monopoly hold on this. Gerrii but isnt there, the way cable works at a very low level, town by town. Right. Gerri jurisdiction by jurisdiction. Zip code by zip code you essentially sign adlong Term Contract with one of these companies and their pipes you are using and everybody uses them. They are sort of entrenched in term of that contract. Let john, go. He hasnt had a chance. John . I like my Water Company but i dont have a competitive choice for wate companies. In a lot of way your broadband and cable tv is similar. You have different providers throughout the country but they dont compete each other headtohead. Gerri in the same market, exactly. It is nothing like the Water Company. You have at t. Youve got verizon. You have wireless competitors. Another market signal if this merger is making comcast the all powerful cable company, why is their stock lower than the moment it was announceed . Gerri that is great question. Unfortunately well have to leave it there. James and john. Great job, interesting conversation. I feel smarter already. Thank you. Thank you. Thanks. Gerri a lot me still to come this hour, including advice on getting your family on board with your upcoming big move. Next yet, more changes comingo obama care as some democrats desperate to save their careers are proposing a new plan that is even lower than bronze. Is it really an option . Well talk about it. What does everything mean to you . With the quicksilver cash back card from capital one, it means unlimited 1. 5 cash back on everything you purchase, every day. It doesnt mean, everything. As long as you buy it at theas station. It doesnt mean, everything. Unyou hit your cash back limit. It means earn 1. 5 cash back on every purchase, every place, every occasion, all over creation. Thats what everything should mean. So consider. Whats in your wallet . Ive got a job to do today. Ive got a job to do today. Have a good first day at work, mom your donations to Goodwill Fund jobtraining programs right in your community. Feels good to start fresh, right . Sure does. Narrator and like that, youre a job creator. Gerri consumers are not clamoring fothe gold, silver and bronze obamacare plans as white house and democrat hop for. Now two democraaic senators facing a close reelection race are pushing for copper plans to dig them out of this mess. Will it work . Joining me, paul howard, senior fellow at the manhattan institute. Welcome back. Always good to have you here. Copper plans, i thought that what the president wanted out of obamacare is that you had to have the full menu of all services, all health care services, all the time. That is not what this is . Well the message were hearing now from people it is not flexible enough. When you look at fine print, over seven milon people are eligible for the marketplaces went to them but only 3. 2 million actually bought a plan. A lot of people are seeing prices and plans and walking away. Gerri walking away. Now we kicked people off plans that we had before would be more likk the copper plan theyre talking about. I ct keep up. Help me understand. Right now the bronze plans are expensive. With subsidies theyre a good deal. If you dont get the generous bsidies youre facing 300, 400 a month in some cities. This is more affordable plan, especially healthy, dont get subsidies. Lets make it flexible and have people find plans they have before. Gerri that would be more like catastrophic, right . Right now. Catastrophic plans on exchanges, only 1 are buying them but theyre not eligible for subsidies which makes them very unattractive. Gerri lets look at two guys proposing this. Senator mark begich in alaska and mark warner in virginia. They have ds behind their names. What is going on, paul . It is Election Year and two people supported law. Had rocky rollout. Still controversial. Gerri cant keep your doctor. Cant keep your plan. Cant keep virtual anything you liked about health care before. How can you bend the law without breaking it . The president extended employee mandate twice. They say looks at changes in the law to be more flexib. Gerri what is the impact on bottom line if they actually do this. If youre an irsurer this is driving you crazy. You price a plan, figure out the risk pool will be and put it out there. If they rejigger it this way, on other hand more attractive bet people in the pool but on the other hand people pull their hair out because they dont know what the plan will sell. Gerri everybody is confused. The white house says were thinking about it . Really . Do you think they will do this. Im supportive. Anything that gives us more flexibility, gives look, i am supportive. I think that this will give us more flexibility, more affordable insurance coverage, even good pay. Gerri the business provided exactly this kind of coverage. May be it is two steps forward and one step back. Convr significant other to relocate, to follow your dres. Welcome back. How is everything . Theres nothing like being your own boss and my customers are really liking your flat rate shipping. Fedex one rate. Ally makes my life easier. Maybe a promotion is in order. Good news. I got a new title. And a raise . Management couldnt make that happen. [ male announcer ] introducing fedex one rate. Simple, flat rate shipping with the reliability of fedex. [poof ] [beep] [clicks mouse] niceffice. How you doing . Good. Automatic discnts the moment you sign up. Gerri job opportunity opens up but it is across the country. Idea to your spouse in 60up the gerri in this tough economy you can be challenging to find a job and even hardtory turn one down but what if, what if that job you hear about is across the country and how do you bring it up, not only idea to your gnificant other but sell them on the idea . With more on this, ann copeland, founder of the interchange institute. Welcome to the show. I dont know anybody who has been married for any period of time who hasnt had this conversation, should we move . Particularly in this economy, a lot of people can do very well forhemselves by relocating but not easy to talk about. How do you even bring this up . Well, the first thing, when do you bring it up . You know i think the most important thing that people can keep in mind is involve both spouse, having a discussion about whether to take a new job and to relocate that involves them very early in the decision. Sometimes even employers involved the spouse in deciding whether this is a good move for this family. If people dont buy in from the beginning theres trouble down the road. Gerri absolutely right and the last person i want to talk to is the employer, let me tell you. I want to make the decision on my own. I think i would be insulted and my husband came home, meet my potential new employer, he will talk you into moving to the other coast. Is there preparation you can do though . Seriously, if youre going to have the conversation, what kind of preparation do you need to do . I think first thing to do is listen to what your families concerns would be because there are some really, real logistical concerns that maybe the spouse is in charge of. What will it mean or her or his job . For the childrens education . For elder care . For family involvement. The question is, a lot of those obstacles are fixable. You can address them. And maybe there is something that the employer can do and that the family can decide to do to address each of these. Maybe if the child is in school, getting special services, maybe, we can find out. If there are similar special services in another, in the new location. Gerri thats a great point. Thats a great pointnd i think people wonder about, then how do you come to this conclusion . I mean you sound like youre driving to te move but im driving to, how do you make the ght decision. So how do you do that . Thats right. And thats so important. If it doesnt work for the family at this t it is not in anyones interest to take it and so, so if everybody can be involved in the beginning, can be involved, what are the good things . Most of these locations work out really well and they can be lifechanging and wonderful experience for families, but lets take seriously what, wt it means for the spouse and the family. And so listening for those concerns from the beginning and, i think if the two spouses are in partnership, think valentines day. Lets work on this together. Ironically one of the things that tend to happen in families is, you know, i think all relocations are partly good and partly bad. There isome of eh for mt families in most situations. Right. If one person takes on the role of loving it 100 , well, that means the other person has to hate it 100 . If everybody gerri got to find Common Ground. Yes. Gerri absolutely right. Got to find the Common Ground and have a real conversation about the move, what it means, would it work. Anne, thanks for cooing on tonight. Youre welcome. I think its a fascinating tooic. We had it many times in our household. Hard to know the right way. Thank you very much for your help. Youre welcome. And are you tired of credit cards . You know credit cards, the fees, interest rate, the worry about having your identity stolen. Do you want to live without plastic but don know how . We want to you take our cash challenge. If you want to dump your credit cards and find a way to live on cash only we want to hear from you. Let me know your stories, friends, families, anybody you know, we want to talk to them. We want to talk to you. You want to go cashonly let us know. Coming up who is to blame for the bad economy, Mother Nature or wasngton. We have advice how to survive your divorce with your wallet intact. So i can reach ally bank 24 7, but there are no branches . 24 7. Im sorry, im justeally reluctant to try new things. Really . Whats wrong with trying new things . Look mommys new vacuum cat screech you feel that in yr muscles . I do. Drink water. Its a long story. Well, not having branches lets us give you great rates and service. Id like that. A new way to bank. A better way to save. Ally bank. Your money needs an ally. [beep] [indistinct chatter] [kids talkg at once] [speaking reign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music pying lour] im feeling better since you know me i was a lonely soul, but thats the old me. Announcer this song was created with heartbeats of children in need. Find out how it can help Frontline Health workers bring hope to millions of chiren at everybeatmatters. Org. Iwe dont back down. We only know one direction up so were up early. Up late. Thinking up gamechanging ideas, like this dozens of tax free zones across new york state. Move here. Expand here. Or start a new business here. And pay no taxes for 10 years. With new jobs, new opportunities and a new tax free plan. Theres only one way for your business to go. Up. Find out if your busines can qualify at startupny. Com gerri it is valentines day. Youre thinkg roses, romance, but you know what . It brings up thoughts of divorce too. According to a new study by which matches consumers with lawyers. The number of of people out there seeking information about divorce on its website goes up increases hikes more than 40 from new years day to valentines day. Its the time of year people think about it. Stacy snyder, a former divorce, shes the author of he had coming. With the dos and donts of divorce. I have this theory, i could be totally wrong, people are too quick to call it quits. I think your theory is dead on. People dont realize the same problems they have in the marriage are going to come with them to the next relationship. And insad of spending time trying to work through the issues, unlss we are talking about Substance Abuse or criminality. People dont spend enough time on loving the one theyre with. I love that seiment. We have a tweet from rick who said people divorce too quickly. Look at the divorce rate compared to 20 years ago. Too many multiple marriages. People keep making the same mistake over and over again. What was the most common reason for divorce when you were a divorce attorney . Money problems and fights over how to raise the children. And just but the money problems really take control of a marriage and there is no one wo comes out on the winning end of that. Theres anxiety, theres always stress. I have to tell clients know what you have if youudont have the fear that the other spouse is excerting thepower over the relationship through the money. And a lot of especially the women dont now what the marital assets are. When they get time to come to divorce, they dont know what is going on and theyre in gerri frustrad. Even so dont you find some folks later regret the divorce . I think the only one regrets getting divorced is elizabeth taylor. Divorce brings out the worse in people. If you are already upset and go through the divorce process. The monster rears the head during it. I dont think anyone liing each other probably the only one who has a divorce court. You hear about it but its a rarity. It doesnt happen. Divoe is designed to bring out the animal in the person. Gerri it is. That reason alone, i think, you know, people if youre going to do this, if you made this decision and youre going to go down the road, you need to understand that the cost of divorce are very, very high. Its not just what you pay an attorney, its not just the fees for filing the divorce. Going forward supporting two households now with the same income. Talk to us about that. Thats th most devastating part of divorce on the financial end. You have either oneincome or two incomes supporting expenses, utilities, cars, insurances, and hen all of a sudden, that is divided down the middle. Its not always a fair distribution. One gets the kids. They have to worry about that support. The pressure is enormous to support two different life style on the same income you were together. Its no a formula for success. Gerri you mentioned before women dont really know the marital assets. Ive read when you go to court you have to have locked down what you spend. U need to know the assets so you can ask for a fair share. Information is the best way to have suess in a divorce. You have to know what is in the financial account. You have to know what ou own as a couple. If you dont know the marital sets you are spending a lot of must be to dig through what exists there. Its wasted money you culd be using to send the kids to college. It gets that expensive. Your lawyer has to do so much discovery work to figure out what the ther spouse is hiding or keeps in accounts you dont know about. Its throwing dollars down te drain. Gerri we read theres going to be even more divorces because the economy is better and people like now i can afford that divorce. Do you think it is right . I thinkit cuts a both way paps lot of people dont get divorced because they cant afford to get divorced. Like we talked about they cant afford to run two households on the same income they had. The other side when the economy is bad and the chips are down and people have employment stresses, and income stresses, that also increases divorces. So i think here will be another study coming out. They do every year. Gerri i have to tell you if you win the lottery, dont you file dorce papers . I got the money now we go the separate ways. And they fight over the share of the lottery prize. Who funded the ticket. Gerri i told my husband he could have divorce one way. What that . Gerri toes up youre going out toes up. I like that. [laughter] thank you for coming on. Great job. Appreciate your coming in at the lastminute. We want to know what you think. Here is our question. Are couples too quick to divorce . Log on to jerry gerriwillis. Com. While were askingabout divorce. It is valentines day. We wanted to highlight the famous couplings that have gone the distance and givenn love a good name. The list is tnights top five. David bowieand aman. They have been married for 21 years. The super model was on our show. Kevin bay con and kiera. Number three tom hanks and rita wilson. One of the cutest couples in hollywood. Celebrating their siiver anniversary. He said im standing here because the woman i share my life with has taught me an demonstrate every day what love is. And number duo, jamie lee curtis. They will celebrate 30 yars of marriage they met after curtis a magazine in 1984 and called his agent to se up a meeting. And number one is oz city and sharon osbourne. Are you kidding me . Theyve been married for 31 years. Thats awesome. They met while sharons father was managing ozzies band. Our legal panel weigh in on the fight between nfl and cheerleaders. The latest winterstorm has moved out. The east coast is strug thing to return. They blame the wild weather for the bad numbers. Well have details coming up. [ chilenelling ] [ telephone rings ] [ shirley ] edwa jones. This is shirley eaking. How may i help you . Oh hey, neill, how areou . How was the trip . [ male announcer ] with nearly 7 million instors. [ shirle] hes right here. Hold on one sec. [ malennouncer ]. Youd expect us to have a highly skilled call center. Kevin, neill holleys on line one. Ok, great. [ male announcer ] and we do. Its how edward jones makesense of investing. Life an everyday miracle of survival today the future of all life on earth hangs in the balance what happens next depends on us well you done done me and you bet i felt it i tried to be chill but youre so hot that i melted i fell right through the cracks now im trying to get back before the cool done run out ill be giving it my bestest and nothings going to stop me but divine intervention i reckon its again my turn to win some or learn some but i wont hesitate no more, no more it nnot wait, im yours open up your mind and see like me open up your plans and damn youre free look into your heart and youll find that the skys yours so please dont, please dont, please don t theres no need to complicate cause our time is short this oh, this oh, this is our fate im yours in the northeast with parts of pennsylvania digging out from under nearly two feet of snow. Theres even more than that in upstate new york with around 440,000 homes and businesses mostly in South Carolina and georgia. Still without power. The treacherous weather has been blamed for nearly two dozen deaths and the most Flight Cancellations in 2years. Airlines have canceled more than 75 domestic flights with 14,000 this week. Its more than 5 of all flights scheduled in february. Women, we have two weeks to go. Is mher nature hurting economic growth. Some economists are saying that when it comes to the financial slump the country has been facing recently. Here with more gary, president of capital management. Im pleased to ve you on the show. I have a feeling you have the say questions i do about the excuses about why the numbers arent as goose they should be. Is it the weather, my friend . A little bit its going to take a little bit off the ged f. Ive been saying for three years. The economy has a good quarter and not so good quarter and the real probably of the economy will never be unlocked because of the policies out of d. C. Gerri gdp forecast was mentioned by three tenths a percent. Thats down. Take a look at the economic numbers. Industrial production down. Retail sales down, weak jobs report, the list goes on and on, and i think people want to believe the fact that it has been the successive number of storms. They have been really bad, but its a great place to hide if youre a ceo and youre reporting earnings. Well, ceos are famous especiallythe ompany that ae not doing well, they are famus for using any event to say it effected our business and thats why the numbers are down. Now look, to be fair you have a lot of airlines that had a lot of cancellations, retail gets affected, especially when it is in populated areas. But overall, you can basically tell what the story is. I have to tell yu the Airline Stocks are at new highs here. Restale stocks are way down. What did you think is behind the slump. Its partly weather yes. What is going on . You dont Like Washington policy are we in a situation where people decided im on the the sideline until we have some other kind of government here . I just think its just an economy that really can never really get going. Weve had a good quarter, a not good quarter. I think the employment numbers are coming out. Our basically are fake. All these people even leaving the work force. You add them in 10 or 11 unemployment. Not 6. 6. And i think, you know, they keep changing the Playing Field on the rule on obamacare, things like tha mandates, nobody knows where theyre going to be. I really believe it puts head winds in the minds of Business Leaders and pool who do all the hiring throughout. Not to mention consumers that want to spend more. Were looking at those bad economic numbers right now giving people a sense of what has been reported. Where to next . We got gdp down. Can we pull our heads up. Is there any way w see the improvement in the balance o the year. I know, what normally happens everybody gets excited about the First Six Months and the expectations fall off. What is going to happen next . Well, i suspect once we got out of the bad weather tings the numbers will get a little bit better. But i think were going have moderate growth. If we keep growing employment by 150,000, that is piker numbers. It is never going to get us anywhere. With the numbers were seeing with welfare and poverty and food stamps, those numbers are obscene. Until these people can be lifted up or do something to lift themselves up, i think the economy remains, as ive been saying for three years, okay, good quarter. Not so good. Nothing realy getting going like the pst. Gerri doesnt supply enough jobs. Typed tepid is the worth. Happy valentines day i, my friend. You too, dear. My two cents more. Our legal panel weigh in on another fighin the nfl. This time the cheerlears. They say theyre not being paid enough. Stay with us. Nfl cheerleader filed suit saying they make illegal wages. Does she have a claim . Well battle a cincinnati engals cheerleader filed a lawsuit claiming shes underpaid. She cites a laundry list of strict rles each must abide by in order to keep the lowpaying gig. Does the lawsuit have legs . Joining me now a partnera law firm, and attorney paul. Welcome to you both. Great to have you here. Im going start with bill. This whole story is so funny. But you say theres a tragedy in. You say the women are underpaid. Absolutely. She claims shes working 300 hours a week. Okay. And anything she does okay. A month im sorry. [laughter] gerri i was confuse there had. E. G. Anything she does has something to the employer. When you take the wage specifically the fact they pay her a one shot deal per game of 90 she makes 2. 85 an hour. Shes not maing minimum wage. Tragedy is a little strong word here. At the end of the day theres the allegations in a lawsuit. Thats the bottom lining. When it comes down to is she an independent contractor the law look at the economic realty test. They determine a cup of things. Whether they are important business. All due respect to the service they render its about football. Its about football. Frankly, the beer vender is probably more important to the game than the cheerleader. Gerri you brought two good point. The test whether or not shes a employ is whether or noter employment is controlled by the employee. They tell her where to go, report, practice, the public relations. More than that, my friend. They eam her what shes supposed to look like. Hose or underwear what her boobies are supposed to look like. Its so over the top. The jobrelated requirements here. You deal with cheerlears. They have to look like them. I dont think its going to be controlling. Its based upon the fact. The court look at to the talty of render and make a determination. How much does it add . Its a parttime gig. Theyre not working all year. Lets seewhere it ends up at the end of the day. What did you think about the what they wear and told. I think when you said over the top. Theres no pun intended. The truth is they drill down on the specifics. Okay, its one thing, you know, be acheerleader. Theyre getting to dont wear a bra, this, underwear. I think it may be crossing that line to where basically not only controlling them, you know, but putting them a position where they are sort of harass by not following them. Are they being harasd . No. Those are jobrelated functions. They can choose exactly [laughter] they are. Some jobs require uniform and different kinds. They require you to look a certain way. At the end of the day cheerleaders have to look cheerleaders. Its not part of the lawsuit. At the end day you make a lot of money the plaintiffs lawyer. Not thre is anything wrong with it. Were talking about 1500 is really what it adds up to if you bring up to the minimum wage. [inaudible conversations] if shes working 300 hours a month and ou do the math. Its not even that theres no overtime. And also 2. 85 is a ridiculous amount of money. People in the Entertainment Industry dancers, you know, ople trying to maket. Theyll work for anything. They want to work. They shouldnt be taken advantage of. Thats what is happening here. Let the facts fall where they may. There is no overtime claim and claim in the lawsuit regarding how they need to look or otherwise. Its about minimum wage. One employe seeking to make a class out of it. If i was the lawyer it would be about overtime. And also the Oakland Raiders had a similar. Gerri thats right. And same thing. And other teams are paying their cheerleaders proper. Yu know the origin of the case. Its the rickscabaret case. Gerri we dont have time for that. I want to read the statement here. It long has been a program run by former cheerleaders and broad support in the community and member of the squad. It appears to e a copy cat lawsuit that mimics the one filed last month in california. Thy will address the litigation in due curse. A copy cat lawsuit. If that was illegal ad this is just as illegal here. Gerri my heart goes out to the cheerleaders. What can i say . Me too. Little strong. It does too. Hes not admitting it. Gerri great debte appreciate your time. Well be back wit our two cents more. Are couples too quick to divorce . Welcomeack. How is everything . Theres nothing like being your own boss and my customers are really liking your flat rate shipping. Fedex one rate. Really makes my life easier. Maybe a promotion is in order. Good news. I g a new title. And a raise . Management couldnt make that happen. [ male announcer ] troducing fedex one rate. Simple, flat rate shipping with the reliability of fedex. Yeah. I heard about progressives name your price tool . I guess you can tell them how much you want to pay and it gives you a range of options to choose from. Huh . 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It should be up up to the new president to decide when which he will extend and let expire. I was surprised to see how many orders have been issued by prior president. It amounts to growing dictatorship and not just president obamas doing. Interesting. Here is andre from texas. The odd of the Keystone Pipeline being approved are slim and none. Slim is on a fast but out of town. Thats funny. Finally, valentines day. Its a nice day but ot really a real holiday. A pleasant thought. I try to spend too much i try not that spend too much time worrying aout what i call greeting rd holidays. Secretarys day and that kind of e and money are two ings worth thinking about as i did all week. Let face it, thh best of intentions when it comes to money can come if the household isnt on board. We talked a tough topic. Divorce. One many families are too familiar with. I think our society added to throw it away if it doesnt work contribute to the high number of divorces. It it is broke dont fix it. To be frank its enough of an effort for my families. Thats it for the show. Have a great weekend. Well see you next week. Good evening, everybody. Good evening, everybody. Th cumulative weight of the numerous negative obamacare reports out this week aking a toll on the white house apparently. The Democratic Party and liberal National Media as well. Democrats in straight up denial of the findings and friends in National Liberal media ignoring the facts, including a dishonest shot at yours truly by comedy centrals jon stewart. Also, the president political savant, david axelrod, asking democrats to not donate cash to the yet to be announced Hillary Clinton campaign for president. Well show you why in