Tracy burns. John nas max ferris. Along with bernard whitman. Ll pushing the minimum to the max push out jobs just as theyre coming back . Yes, absolutely, this is the wrong thing to do in an economy thats showing some signeds of recovery. Remember, theyre targeting the wrong people. This is a great union and democratic slogan to say, look at the ceo, how much hes making. You cant raise the minimum wage to 15 an hour . Take mcdonalds nor example. They will tell you, they dont set the wages for the local franchises. These are your moms and pops. These are your neighbors out there. They cant afford they dont have huge margins to raise the wages to 15 an hour. Remember, if you want to help poverty this isnt the way to do it. The earned income tax credit does it. Take this out of politics. Take this out of unions. Remember, 67 of people that make minimum wage work part time. 53,000 a year is what the average person who makes a minimum wage, that household, makes. This does not do lot for p
Here is jonas farris from max fund. Com and Jonathan Hoenig from capitalist pig hedge fund. Both are Fox News Contributors. Jonathan, let me start with you. Netflix Stock Plunged what, 20 the past month . Is that indicator were talking too much about people cutting the cord . Netflix i wouldnt call it a cable killer, adam. It is a entertainment revolutionizer. Apart from the stock, i can remember wasnt too long ago you had to the big pile of vhs tapes, wasting online at blockbuster to get entertainment. Netflix changed the game. Theyre a threat not only traditional movie studios, the traditional movie studios but all forms of entertainment. For the stock, it has been loved for quite some time. Im not surprised to see it give back its gains. It is not a stock i love but it is revolutionizing the entertainment field and all those who compete with it should be scared. Adam what jonathan just said would seem something they said in the 50s, that television would kill movies, it never did. M
John no more than 2 million understand nice. Crystal. Nice. Stick around for the after the show show. Brenda pay day, may day. Millions of americans seeing their paychecks take a hit for the first time this week as the payroll tax hike kicks into full gear. And with 77 of workers in the crossfire, virtuly no one is safe. I almost cried because they took taxes, a lot of taxes out of me. Its one of those things that nobody is happy about. That sucks. Its not good to see it go down. It makes a little bit of a difference, maybe with a little less spending, fun stuff. My paycheck was about 60 less this months, that goes to food and groceries, i am not super happy about that. Less money in my pocket and less money i spend, less money in the economy. So are they right . Does this new payroll tax hike mean less spending and a weaker economy . Hi, everyone, im brenda buttner, this is bulls and bears, here they are, the bulls and bears this week, gary b smith, tobin smith, Jonas Max Ferris along
Crystal. Stick around for the after the show show. Brenda pay day, may day. Millions of americans seeing their paychks take a hit for the first time this week as the payroll tax hike kicks into full gear. And with 77 of workers in the crossfire, virtually no one is safe. I almost cried because they took taxes, a lot of taxes out of me. Its one of those things that nobody is happy about. That sucks. Its not good to see it go down. It makes a little bit of a difference, maybe with a little less spending, fun stuff. My paycheck was about 60 less this months, that goes to food and groceries, i am not super happy about that. Less money in my pocket and less money i spend, less money in the economy. So are they right . Does this new payroll tax hike mean less spending and a weaker economy . Hi, everyone, im brenda buttner, this is bulls and bears, here they are, the bulls and bears this week, gary b smith, tobin smith, Jonas Max Ferris along with walker stableton and steffen, gary b. It turn
Jonas max ferris is in the herbalife corner. Fox news contributor. Andrew keane is representing the ackman team. The whistle blows] melissa you know what that means. Jonas, what do you think . The guy is right, it is basically a multilevel marketing pyramid schemes like a lot of businesses are and selling placebo like elixers and aloe and problem is that is not illegal. Cvs, walgreens, whole food sell stuff with questionable nutritional benefit at very high markup. The government will not step in and crush it up, which is only way to make the short bet of a billion dollars melissa i will stop you there. I will let andrew in. Problem they run out of people at bottom of the pyramid that is when the gig is up. How many markets do you have to exploit people to go out and sell this thing. What do you think . Look the way the stock traded. It was 45 when came out with the claims. Stock went down at 25. Did ackman come out and buy the short, absolutely not. He thinks the stock is going to zer