gerri: a big surprise because analysts expected sales to go up 3.5 percent and it will only go up 2.5 percent. the reality is only 37 percent of us have completed our shopping. there are lots of price slashing that will go on this weekend. toys r us and macy s planning all night shopping, and deep discounted continuing here and this is not as good as people hoped. shepard: tell us of the last minute deals. gear gore you heard about the iphone at walmart offering iphone at $63 discount, with the two year contrt. so that means $127. and sak s, 60 percent off on designer clothing, and children s palace, 75 percent
not raise taxes, well, that is all that can happen. gerri: we have $133 million an hour, $4 billion a day, we are expected to hit $16 trillion in the 6:00 hour and let me tell you, this is equal to the combined economic output of all european economies. that is $16 trillion. that gives you an idea how big the national debt is. shepard: we will hit that during 6:00 during the national evening newscast on the big networks, right? gear gore i am sure they arranged it that way. shepard: i am confident. nice to see you, gerri. gerri: good to see you. shepard: families across mississippi and louisiana are still mopping up, many cleaning up in the summer heat still, with no electricity. do you know how hot it is in louisiana on labor day? good grief! as our coverage continues from day one of the democratic national convention, we are live if charlotte, north carolina, indoors, where it is nice and
falling through the summer. experts say easing tensions over iran s nuclear program and re-opening of refineries and plummeting crude oil prices could get us closer to $3 a gallon. and gerri willis has the news. the president was working on this and that and putting pressure here and there and now the vice down but it has nothing to do with him. gerri: that is not what the analysts are saying. they say europe s demand is down. shepard: they don t have anything. gear gore they are trying to pay their debt. and supplies are up. so they say those things are creating less demand for oil so prices are down and we had an expert saying on fox business network that gas a gallon could go do $3.50 in short order. shepard: everything with iran is tamped down with restrictions on them. gerri: that is a big deal. the fear of the market drives prices higher and higher and
will condition operating. shepard: ever had a fired twincy. gerri: no and i did not feel lesser for it. shepard: i am lesser now that i stopped eating them. gerri: were they good? shepard: gerri, everything fried is good. gear gore you are from the south. shepard: good. good. gerri willis, you say you cannot do that and you get all these pills. gerri: once in a while. shepard: she is part of the best team in business don t you know? weekdays on the willis report, 5:00 eastern, and 4:00 oxford. next first lady michelle obama speaks out about the new book on her family s experience in washington. and someone stuck a bomb to a car and killed one of iran s top nuclear scientists. oh, really? the leaders call it murder, and they are blaming who else, not the media, but the united