General motors vehicle. This badly designed combination of metal and plastic has ruined so many lives now. The process of putting a dollar value on a human life begins. Today is the first day victims of families can submit applications for payment. Joining me now kenneth feinberg, running the gm Victims Compensation fund. Today is your first day accepting claims. Plaintiffs attorneys expect several claims to be made today. How many claims will you get . You never know, sheer speculation as to how many lawyers and claimants have the time today, the first day that the claim forms are available to fill them out and send them into me. What we do know based on history, 9 11, bp, we get a spike of claims in the first month of the program, and then another spike probably in december. The last month of the program. So well have to wait and see what comes in the door. Gerri certainly, gm itself set aside 400 million for the purpose of compensating victims, thats what they said publicly. What do you make of that . Is that the right number . How do they come up with that number . Does it give us any clues about how many people might be compensated . No. Its speculation. I cant speak for gm as to how they came up with that number. They said publicly its their best estimate, based on actuarial data and prediction. I cant speak to that. The only thing that matters in this program is the number of claims for death and physical injury that actually is submitted, that are eligible and that get paid. And well be posting that information daily. So that people will get a chance to see for themselves and you guys as well, as to whats come in the door, whats been declared eligible and how much money is paid. Gerri excellent, well be watch are that for sure and on our website well putul the url for the forms. We had a chance to get a brief look at them today. There are a lot of forms. What proof is acceptable to have people to file . Do they need police forms . What do they need to show you . We offer a menu of options. The car itself, is it still around . The black box data from the computer in the automobile. Beyond that, circumstantial evidence, what does the Police Report say . What do the photographs show of the accident . Because if the air bag did not deploy, despite the fact that the photos show a frontend collision of some force, very, very useful. Warranty and maintenance records, insurance records. Medical records. All will be very, very helpful in evaluating the claim and reaching a decision on eligibility, and on value. Gerri so were per using the claim forms, pardon me, were getting our arms around it, some 12 forms, highly detailed, lots of information requested. Seems to me its a high hurtle for people to fill out. Is there any assistance for folks out there . Is gm offer anything assistance . First of all when you say 12 pages. When you look at claim form, encapsuled in one claim form. You dont have to fill it all out . Is it a death claim . A serious physical injury claim . Is it a less serious physical injury claim. Right away, you eliminate from consideration when you are filling out the form twothirds of the form pertaining to eligibility. Much of that form as youve noted when you review it, has to do with who gets the money in the family . What if its a spouse and where the money should be sent, by Electronic Transfer . By mail . A lot of that form pertains not to eligibility or injury, but who gets the money . Who can file the claim in a divided family, and where the money should be sent safely to make sure that the claimant gets it all. Gerri so much information, the black box, circumstantial evidence, seems its not the easiest forms to fill out. Is there any assistance for people who are filing claims on accidents that might have happened ten years ago . Absolutely. Youre asking a very good question. As the compensation protocol points out, we will assist any family member, anybody filing a claim. If youre having trouble getting through the documentation, if youre having trouble locating documentation, we will work with you. We are not adversarial, were trying to get money out the door to eligible claimants. And if somebody needs help, theres that 1800 number, the email number, get in touch with us, we will work on your behalf. Gerri and ken, pardon me, but i look at all this data, all this information you have. It seems to me it would almost dissuade some people from filing a claim. Its so elaborate and requires so much information. Is that the intention . Not at all and again, i say, its not that complicated. Youre talking here about the potential of distributing for each claimant whos eligible millions of dollars. Excuse me, if there are some questions that need to be answered and some documentation that has to be completed. But i assure the public and the claimant, well work with you, it is not that complicated, and when youre talking about transferring millions of dollars to somebody, we want to make sure that that individual receives the money, theres no fraud, that weve worked with the claimant and helped them get this money if theyre eligible. Gerri you bring up a good point that this is a situation ripe for fraud. How are you going to make sure, and i would think that your resources are limited at some level. How are you going to make sure that youre not processing claims where people are asking for money theyre not new and. The same way we did it in 9 11 with the Victim Compensation fund and the same way we did it with the bp oil spill. We have an antifraud unit in place. We will review suspicious claims that dont make a lot of sense. Wohl work with the claimant to try and verify certain information, and we will do our best within a very short time frame of 90 to 180 days, not months, to get that money out door. Gerri and reporting it all the way along. Ken feinberg thank you for coming on. We look forward to talking to you again about this. Thanks for your time. Thank you. Gerri and these are the very forms that mr. Feinberg was talking about, what victims families need to fill out. Youre going to find them on our website, gerriwillis. Com. How to fill them out, what you need to know, go to gerriwillis. Com. A deadly ignition switch playing problems in General Motors and turning up in guess what, motorcycles. Harleydavidson recalling 3300 dinalow rider bikes. The engine vibration with switches shutting the engine down, dealers are replacing the parts for free. The recall covers bikes from the 2014 model year. And still to come, a lot more this hour including your voice, thats why during the show we want you to facebook or tweet me or send us an email at gerriwillis. Com. At the bottom of the hour ill read your tweets and emails. How he went from being a rock n roll drummer to modeling mogul . His fascinating story after the break. Our name your price tool helps oh, jamie, you got a Little Something on the back of your shoe there. A price tag danger price tag alert oh. Hey, guys. Price tag alert is this normal . Well, progressive is a price tag free zone. We let you tell us what you want to pay, and we help you find options to fit your budget. Where are they taking him . I dont know. This seems excessive decontamination in progress. I dont want to tell you guys your job, but. Policies without the price tags. Now, thats progressive. Gerri in tonights meet the boss segment, how did a kid from long island become a rock star turned modeling mogul . We introduce to you scott, the owner of one management. You have one of the most interesting career trajectories. And strange. Gerri and strange. How do you go from being a drummer to running a modeling business . When i was a kid i was always playing on pots and pans and 17 graduated High School Early to go to p. I. T. , my dad said you are going to the Pittsburgh Institute of technology, amazing. Im going to the Percussion Institute of technology. I want to be a drummer. I had an injury and couldnt play and eventually started driving models around never thinking it could be a fulltime career like this. And represent claudia schiffer, ayman, claudia christenson, corolla, bridget hall, courtney love, a bunch of people. Gerri now you mentioned social media, new social media division, tell me about that . Such an interesting business, you see the entire business changing. Were starting a home division, secret, basically based on beautiful girls because there is a lot of new brand girls that are happening thats based on followings and people getting impressions. If you have a daughter, would you put her in the modeling business . Its not an easy business unless you have an incredible passion for wanting to do it. My parents never restricted me from being a drummer and said dont move to l. A. When you are 17. My band was the whole guns and roses history. And so that wasnt probably the ideal situation for my parents to see me move out to l. A. When i was 17 without guidance. We deal with a lot of parents and everyone is always supervised, if you have an agency on the up and up and they take care of you and look after you, sure, this is going to be a great experience, but you have to want it, there is 2,000, 3,000 models in new york now. The misconception is it is incredibly glamorous, it is if you get on met ball, but girls are late, you have to make sure girls are chaperoned. You represent hundreds of people but you have to be the rabbi, the priest, the psychologist, the trainer, everything. I dont think people realize the process, the girl who walks off the plane from czechoslovakia and next day on the cover of vogue. Theres a lot that develops her. The hardest part is honestly, you want to have integrity, you want to make sure the girls are doing the right kind of job. Being a great manager is knowing when to say yes and no. You dont want to accept every job. I had incredibly strong work ethic. My dad used to own an auto shop, and he used to get up at 5 00 and drive to the bronx. I used to work with him in the summers as a kid and instilled hard work ethic in me. My parents are great. I could never have gerri youre supposed to be disassociated from your parents. I didnt have a weird childhood. There was no strains. I had loving parents, they were incredible. Im not going to lie, its a fairly caddy business, you hear japanese girls have rejection all the time. And you have to believe in them for them to succeed. We dont do well unless they do well. The only thing in your best interest is to do incredibly well. As an agency, you have to fight for them a lot of times. Girls are reliant on you unless you push them believe and they can make it. Theyre not talking to the clients either. It is a lot about seeing something, having a vision. Its a lot of models that came through earlier and people didnt get and theyve gone to do incredibly well. Gerri when you started out, would you have thought you end up in a place like this . If you told me when i was 15 i would have my own agency. I really only knew cindy crawford, and now to represent the Iconic Models has been incredible, and i would never imagine it, no. Especially from coming from being a musician, that career trajectory is a unique and odd thing, it happened organically, and things happen for a reason. If i never hurt my arm, i would never be doing this. So my mother always said i always believed in myself, if you dont believe in yourself, whos going to believe in you . Gerri thats the ultimate career transition, right . Scott says he currently has 30 employees and represents 150 models. Interesting business. Time now for the stories on foxbusiness. Com. Stocks closing out the worst week in two years, investors moved into gold, bonds and utilities. The dow lost over 380 points in the past two days. Interrupting five months of steady gains. Consumers have less confidence, the university of michigan measuring Consumer Sentiment edging down in july. That trend continued with employers adding 209,000 jobs in july. Sixth straight month of job growth above 200,000. The Unemployment Rate picked up to 6. 2 from 6. 1. Hewlettpackard agreed to settlement with the u. S. Post office. Hp accused of overcharging the Postal Service for products between 2001 and 2010 failing to comply with terms of contract. The tech giant is not admitting any liability in settlement. Those are some of the hot stories on foxbusiness. Com. Later in the show, cooking up delicious pizza. And next truth in advertising . Should airlines be forced to advertise the full force of their tickets or the price before uncle sam adds on . A debate coming up after the break. vo rush hour around here starts at 6 30 a. M. On the nose. But for me, it starts with the opening bell. And the rush i get, lasts way more than an hour. announcer at scottrade, we share your passion for trading. Thats why weve built powerful technology to alert you to your next opportunity. Because at scottrade, our passion is to power yours. My motheits delicious. Toffee in the world. So now weve turned her toffee into a business. My goal was to take an idea and make it happen. Im janet long and i formed my Toffee Company through legalzoom. I never really thought i would make money doing what i love. We created legalzoom to help people start their business and launch their dreams. Go to legalzoom. Com today and make your business dream a reality. At legalzoom. Com we put the law on your side. I voted for culture. With a k. how are you . I voted for plausible deniability. I didnt kill her, david. And i voted for decisive military action. America, you cast your votes. Now, go to xfinity on demand and select the peoples hotlist to see this summers top 100 shows and movies. I voted . Gerri a bill just passed in the house wants to make air fares more confusion. The ironically dubbed legislation wants to allow airlines to advertise the base prices only, not calculating in extra taxes, extra fees. But is this fair to consumers . Here to debate maddie duffler for americans for tax reform, and charlie leoaka of travelers united. Maddie, start with you. You think the legislation is a good idea, why . I do. Because for several reasons, one is for consumers to know exactly what theyre purchasing. If you think about it, this practice of having to hide taxes and fees in the base price of a product doesnt exist anywhere else. If you walk into a mall and going to go buy a sweater and advertised as 19. 99, you know you are paying sales tax on top of that. Airline consumers should have the same Shopping Experience when they go online, they shouldnt have to understand different prices for different airlines. They should be able to see the price competitiveness and make this choice based on that not how much the cost of government is adding to the price of a flight. Gerri charlie, what do you say to that, you dont agree. Shes mixingul federal taxes and state and local airlines. The airlines are exempt from state and local taxes, id be happy to add them onto the end. Were talking federal tax, and every other federal tax in the country is included in the price. If you buy gasoline, you dont say 1. 99, when you go to the pump, theyre charging you 3. 99. So shes talking apples and oranges here. Gerri i want to break it down so people can see what this looks like and what this legislation would do. So imagine airfare d. C. To boston, a breakdown of the cost. Base cost is 353, excise tax, a segment fee, a passenger facility charge, security fee. The total 425. Currently, thats the advertised price. 425. The new legislation would advertise 353. And can you see the tax is a total of 20 . Maddie, heres my problem with the legislation. I dont really care, i want to know what i have to pay, im trying to make comparisons, i want to know what allin cost is, im taking me and the husband and kids on a trip. I need a simple answer, why do i need to see the taxes . That question is going to be more and more difficult to answer if the current policy of requiring airlines to absorb the cost of government stays in place. Because you cant see the price, because you cant see how many taxes and fees are going towards driving up why you are paying for ticket. That makes it a prime choice for revenues for lawmakers who want to continue to increase the cost of airfare to continue to pay for other programs. Gerri is it your view that the Airline Industry is unfairly targeted with taxes . Consumers are unfairly targeted with taxes. They have no way of knowing how much the cost ticket is due to government, and lawmakers continue to take advantage of it. Gerri charlie, do you agree . First of all, i agree were being overtaxed. However we all do. We all agree with tax. The question were looking at is whether or not the airlines can tell us how much the taxes are, and under the current d. O. T. Regulations it says airlines are allowed to break out taxes and fees, they cant do it as predominantly as the full allin price, the airlines can put taxes and fees on ticket itineraries. Gerri there are other ways. To boarding passes, all sorts of ways they can sell us taxes and fees, instead even making the buying process more complicated and making the cost of travel more difficult to figure out. Gerri maddie, if you get a train or bus ticket, you get the allin charge, they dont break out taxes and fees, they let you see what youre going pay. Thats not you going to go after those Industries Next . Well, the problem right now is this is a rule thats two years old and doesnt make sense for consumers. If youre trying to allow consumer to make a knowledgeable choice, this obscures the price rather than increases transparency. This is a bill that passed on the house floor over twothirds of the house voting for, it both democrats and republicans, and on the floor, you had congressman coming to the floor saying this this is the most noncontroversial thing theyve done all week, as weve seen whats happening on the floor this week, that is probably not true. Gerri i think this is highly controversial, and charlie, to you, is this a consumer favor to advertise airfares this way . Is this not isnt the Airline Industry somewhere backing this bill . Well, the Airline Industry is totally behind the bill. So are the unionized workers working for the airlines. Gerri let charlie answer. Give charlie a chance. And so anyway, every single major Consumer Organization in the country has come out against the bill. Every single major newspaper in the country, almost every single major newspaper came out in editorials against the bill. This is incredibly complex. Congress did not allow us to have debate in the committee level. I went into talk to the chairman of the subcommittee on aviation just before the vote, he would not allow us to make comments and brought it to the house at the lastminute on a flyin day, and its just been done. Gerri if youre waiting for congress to get serious about anything, that could be a really long time. Great job, both of you. Interesting. Thanks. We want to know what you think. Heres our question tonight, what fares should airlines advertise . Should they advertise the allin price or prices without taxes and fees . Log onto gerriwillis. Com, vote on the righthand of the screen, ill show you the results at the end of tonights show. Coming up, we answer how do you do that with advice for families on preparing financially for special Needs Children . And next another edition of cooking with gerri, were making something super tasty, its called a crolato, a croissant with a gel auto hybrid. You make a great team. Its been that way sincthe day you met. 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If you have any sudden decrease or loss in hearing or vision, or if you have any allergic reactions such as rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. Ask your doctor about cialis for daily use and a 30tablet free trial. Gerri today we are celebrating summer with some delicious and authentic italian cooking. Here to share his simple recipe is the executive chef of asellina restaurant. Thank you for coming in. We are making cool stuff here. Gerri so we are going on the grilled pizza. When im putting it in the oven . Thats right, its going to be great. And we have some pizza dough right here and its very simple to make. Gerri how we do this . We get some flour and then we open it. Gerri i love to cook and do this. This is different than my grandmas business. But this stuff is the same. Its very simple to make. We use the salt and olive oil. Gerri and we let the east rise . Yes, let it rise for five or six hours. Gerri viewers looks better than mine. And then you can use this. Gerri cannot do that . Yes and then what you do is u roll it to make it even. Gerri thats very tricky. Okay, what do we do with these . Minus not as pretty as yours. Than what were going to do is put it on the grill. Gerri the real italian way is to make it with her hands, everything is with your hands. Gerri okay, brushing it with olive oil. Then we had a little bit of salt. And i like to be very liberal assault. Gerri okay, we are ready to rock n roll. And here i have the dough ready and its looking wonderful. Your best bet is tomatoes. And they have been at Room Temperature. Gerri when its at Room Temperature you can really taste it. Then we are going to put some cheese on it. And it is a wonderful Italian Cheese made out of cream and mozzarella. And its gooey inside. He won let me tell kwon so you can see it. Okay, can i get this to cook at home . Oh, yes, definitely. Gerri i put a lot on my pizza because i love it. And its certainly delicious looking. Gerri more salt and pepper and sprinkle a little bit on top. Yes, sprinkle some on top and that is great. We have a lot more to get through. Gerri we are going to have to go to the desert. Explain what youve got here. Here i have Homemade Gelato and chocolate gelato. And its one of my favorites from back in italy. And what we are going to do, we are going to put this in with gelato. Gerri that is gorgeous. And delicious. Gerri we dont have time for the fish tonight, but we will put the recipe on the web and when we come back, a difficult subject but an important one. How to make a Financial Plan if you have a special needs child we never thought wed be farming wind out here. Its not just building jobs here, its helping our community. Siemens location here has just received a major order of wind turbines. It puts a huge smile on my face. Cause im like, this is what we do. the fact that iowa is leading the way in wind energy, im so proud, like, its just amazing. Gerri as we head into august, the countdown to backtoschool is on. Before you go out to buy supplies, some states are asked to offer Taxfree Shopping. Some states can save between four and 7 . Shoppers in texas will have to wait until next weekend and holiday starts on the 10th in connecticut is on the 17th. Mississippi already had Taxfree Shopping last month. Just a heads up that you will get a break on state taxes and local taxes may apply. And did you know what it costs to raise a kid . 240,000 to raise a child just until the age of 18 years old and that does not include college tuition. But for parents of special needs kids, bad figure can roderigo. So have you considered specialneeds planners . And how do you avoid going bankrupt. Is an important topic. Gerri people dont realize just how expensive it is to raise a special needs child. What are the special cost of people encountering this . So many. Added therapies, added devices and equipment. So much depending on the diagnosis and many kids with special needs are not medically fragile. They have Mental Illnesses or disorders that primarily express themselves through behavior. That many kids with special needs are medically fragile and do need lots of extra doctor appointments and that insurance may or may not cover it. They wanted Something Like 130 billion and these costs are really rough and here we are seeing it can cost a family 1. 4 million. So how do you pay that . Honey make up the difference . Families who are not able to save enough for projections of 2. 4 million over the lifespan, they typically turn the Life Insurance with the policies to cover their childs needs beyond the lifespan. Gerri there are special trusts, can you tell us how that works and why it is important . Yes, there are two different kinds and i will talk today about this kind. Special needs can talk about the savings that the parents have accumulated and have allowed them to enjoy the benefit if the money is there to provide them without losing government benefits they are entitled to. This includes security income worth over one half a Million Dollars and medicaid, which covers medical needs that can be worth as much as they need. And for an average person its worse in turn were 350,000. Gerri so its critical that you put the right plans in place so your child can be taken care of even if they can take care of themselves. So who should people be consulting . Where can they turn to for help . Absolutely, they need to consult with an attorney who is an Estate Planner and not someone who does special needs plans because of personal injury and one comes up every two years. So they want an attorney that is experienced and state planning and that is experienced in working with families who have children with special needs. So i would recommend that you check with a specialneeds planner or even better, talk to the parents and the local support groups for the Financial Planners to find out who in their area is really taking on special Needs Planning is a primary focus. Gerri you need someone who specializes and knows what theyre doing. Thank you so much for coming on because we really appreciate your time and i know a bit is an important topic so many families. Now we want to hear from you. Earlier this hour we had a debate on whether airlines can advertise their prices including taxes and fees. Heres what some of you are saying about this process. Gil says she wants them to advertise all prices and eric agrees that he wants to see title and tax and tax out the door and greg says we should only have to pay the price they advertise. And so here are some of your emails considered in washington. James says i suggest how users as cars and trucks are Getting Better fuel economy. And thomas from alabama disagrees and says the gas tax is a no go. Spend it only on roads and bridges and a lot of people agree with you. And jeff from colorado says we always love the show. We always love to hear from you. Send us an email at gerriwillis. Com. Next, we asked the question, is it legal remap to Plastic Surgeons have the right to post beforeandafter photos of their patients. Here is your consumer gauge and the numbers that you need to know for your bottom line. Stay with us. In new york state, were changing the way we do business, with startup ny. Weve created tax free zones throughout the state. And startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. Thanks to startup ny, businesses can operate tax free for 10 years. No property tax. No business tax. And no sales tax. Which means more growth for your business, and more jobs. Its not just business as usual. See how new york can help your business grow, at startup. Ny. Gov gerri check this out, a chicago woman suing her doctor over these photos. She said her Plastic Surgeon posted online before and after shots of racial reconstruction under this label. Joining me now is our fox news legal analyst. Is that legal . No, he should be ready to write out a big check because hes violated her confidentiality and also we all go in, we go to the doctor and what that means is that youre protected from any kind of disclosure. Shes been damaged and its very embarrassing. Hes not a doctor of the year. And not by a long shot. She couldve done under a pseudo name but by putting her name on the lawsuit and if you know her and the plaintiff, you know that thats her in the picture. So how embarrassing for all of your friends. For marketing purposes, thats what i love about the law. Its a kupperman agency and so shes going to lose that right away. Shes been the one thats been heard doing it on her behalf. Its a technicality. And she said that no one even knows that its her. She did the original work. Now shes saying that the new employer could be left at the chicago facility and for that shes had a good lawsuit. But the people that are putting this up, neither one of them really had any responsibility because neither one had anything to do with the content and they didnt participate in the surgery. Gerri if youre the surgeon, shouldnt you say that im going to put your face on my website. Absolutely. And you have to give written consent under law. And imagine if you go into some kind of situation with us. If she has something to do with your own humiliation, and pain and suffering, thats something. Anybody knows about terror. 2 million . I think its a nice story and everything, but i dont think shes really done anything to deserve that. So its still not a big deal. Its a horribly embarrassing thing. Dont do the cocaine. Thats for sure. Thank you for coming on. We will be right back with my two cents more and the answer to the question of the day. Welfare should i bought a car, over and tells you, and youre like. A good deal or not. Thats what led up to us looking at truecar. Com. And with truecar. Com, theres no buyers remorse. Save time, save money, and never overpay. Visit truecar. Com ever since we launched snapshot, my life has been positively craycray. Whats snapshot, you ask . Only a revolutionary tool that can save you bigtime. Just plug it in, and the better you drive, the more cash youll stash. Switching to progressive can already save ye 500. Snapshot could save ye even more. Meat maiden bringeth to me thine spiciest wings of buffalo. Gerri in the battle pitting airlines against consumers, which fair should the airlines advertise . We asked the question on gerriwillis. Com logon for early question every weekday. And her story tonight, if youre looking for a job with a good compensation package, i suggest that you run for congress. And taxpayers picking up the tab for two dozen senators flying to and from that Vacation Time to the tune of a Million Dollars according to the sunlight foundation. Senator Chuck Schumer was the biggest offender, costing taxpayers 286,000 in 2013 for his chartered plane travel. Engineer senator Kirsten Gillibrand with 93,000. David vitter and West Virginia senator joe manchin reported no charter flights. And finally tonight, we talked a lot about gm and the victim fund we followed every twist and turn in the story and many people have suggested it will be inundated with requests. And remember some of these cases are a decade old. And to be sure, he says that his office will help those who have trouble with that. And he says the process is an adversarial, making it easy for families that have already suffered. We will continue to cover this story and that is my two cents more. Thats it for tonights willis report and we thank you for joining us. Dear the show if you cant catch us live and tune in on monday because we will have a special report on chicken and what you you need to know and why china may be on the menu. We will have a great night and a great weekend and we will see you on monday. Single. Charles tonight on making money. Close the fed and dump our fiscal policy. No matter what all the talking heads are telling you. It might be warning that the economy will get worse. And the explosion of people 55 years and older. Working three jobs is jawdropping. We will tell you all you need to know about the3 jawdropping. We will tell you all you need to know about the economy. My message is you have to make your money work for you and build your wealth in their 20s and 30s and 40s so you dont have to