Transcripts For FBC MONEY With Melissa Francis 20140129 : co

Transcripts For FBC MONEY With Melissa Francis 20140129



the printer and layer by layer build a living tissue structure. we built a 3-d liver. melissa: that is amazing. that is the holy grail because that could mean in the future. let me ask a couple questions. where did the cells come from? >> any number of sources. we take cellses from individual person. number of things we print. one thing you might want to print, cancer tumor models, 3-d printed tumors and use it as test subjects for new drugs. if you do that you will take actual biopsy cells from a patient, grow them up and make a lot of little 3-d printed tumors. and use cells from a research cell line been around for a while. you can cells from stem cells from an individual person. we have those in the fat tissue and bone marrow. you can take those, turn them into a cell of interest and bio print. melissa: i wouldn't mind seeing video again to everybody in the booth. let me ask you, when we're talking about the liver i know that originally the idea is not for transplant but like you said it is for testing? >> yeah, that's correct. what we're doing right now is we're making small liver tissues. along in the future we do of course want to get to larger and larger structures but we have to maximize, as a company we have to maximize what we can do today commercially. we can make simple little liver tissues. we'll make 24 up in a single plate and use those as test forg toxicity esearch. it is belle known drugs, 10% of drugs advanced into the: fail in phase three due to unforeseen liver toxicity. there is very good reason. we test them on animals or test them on cells on pemitre dish surface. for a lot of things like liver that doesn't work. we're seeing things get green lighted to go into clinical trials but the subtle effects come out over time. we're trying to change the game. organnovo is making better models of the actual biology ever the human liver. melissa: do you envision a day we're printing actual organs for transplant? >> we'll be able to advance along the lines of simpler tissues first. instead of thinking about making a full liver, make a patch of liver tissue for someone with some liver dysfunction. if you have kidney problem where your kidneys has es keep yaw and a damaged area you could build a kid any tissue patch to repair that along a access of time we'll get to fullerorg fan structures. melissa: why did you focus on liver first? is there something makes it easier or because of need. >> it is because of need. you see the problem with pharmaceutical companies where they don't have good model for toxicology. liver and kidney are big airs for liver toxicology. we're focused in airs of oncology, cancer research which is a big area. there is gap now in pharma. another area would be fibrosis research. hardening of liver and kidney tissues. these are big areas for creating fibrosis models better than current animal models. melissa: do you sell these to research hospitals and do you have a lot of orders? >> target customer is largely pharmaceutical companies and biological labs in academic setting looking for new drugs and drug screening. that is our target market. what you do is do low level drug screening. not talking about thousands of compound. when you have 10 of hundreds of compound and you have one or two to optimize the chemistry that is where we can come in and help out. melissa: what does it cost? >> depends on the tissue and time and need you have. we tend to work with a customer on a individual level. we can build a specific tissue to their need. so if it is liver fibrosis a big cost difference between that and liver toxicity for example. melissa: what is the next organ after the liver do you think. >> i can give you spectrum of things we're working on. liver and kidney will be along the next set of organs. i mentioned cancer. there we built lung tissue and muscle tissue. blood vessels and those are one of the most complex structures we built because we actually build those into tubular structure and build them to withstand blood pressure. a number of things will come out over time. melissa: keith, thank you fascinating work. >> thank you very much. melissa: beware of numbers 984, a new credit card scam that is so small you might overlook it on your bill. how closely do you check your charges? details whether you're being robbed a little later in the show. up next, the sick boat returns nearly 700 people caught a horrendous stomach bug on this royal caribbean cruise ship. and they have just gotten back on to solid ground. we're talking to one passenger who says, the pain, sorry was worse than childbirth. how is that possible? you have to hear this one. some of the world's biggest companies are dropping 100 million bucks to sponsor the upcoming winter olympics which leaves us to wonder, are they even worth it? don't move. way more "money" coming right up. melissa: oh ship. here we go again. royal caribbean's explorer of the seas is cutting its 10-day caribbean cruise two days short. the boat returned to its new jersey port with nearly 700 sick passengers with symptoms thought to be from the norovirus. it is the highest number of sick people reported on any cruise ship in 20 years. with me now at the port, is dr. siegel, from fox news's medical a-team and two of the passengers. jennifer esposito and michael lamasela thanks for joining us. i'm sure you're so happy, jennifer and michael to be back on solid ground. jennifer, let me ask you one of the people on cruise, on twitter feed said it was more painful than childbirth. you said you were sick and thought your appendix burst, is that true? what was it like? >> i started experiencing terrible burning pains in my stomach. i started feeling gnash sure and vomiting and all other nasty stuff that comes after that with a sum virus and it was very painful and very uncomfortable and actually very scary being in the middle of ocean sick like that because like i had said earlier i thought i was maybe getting appendicitis, when it turns out to be some sort of a stomach bug. the captain came on the loud speaker next morning after i was sick and announced other people are experiencing same problems i was experiencing. so it was a little scary at first t was just a nightmare. the whole experience was a nightmare. melissa: what happened there from there? how long were you sick? you look better now. >> thank you. i was actually sick for about three days. i quarantined myself in my room for three days. the captain had come on the loud speaker the next morning which was on thursday and had announced that like i said, people were experiencing issues with the norovirus and to have, if you're experiencing those issues to come down to the infirmary and get checked. when i went down there to go get a free examination, the, the, i lost feed. >> we lost feed. melissa: everyone? >> i'm sorry. i when i went down there were about 120 people who were waiting there and who were all sick and i decided that i didn't want want to be down there with everybody sick because it was just a germ fest. so my boyfriend decided to make me back up to the room and pretty much took care of me for the rest of the time. melissa: wow. can any of you hear us there? michael, can you hear us. >> sounds like a lot of expedited care there as cdc got involved from st. thomas. they didn't stop at any ports and came straight back here. everyone i spoke to said they were very supportive with the care, antinausea drugs, antidiarrhea drugs, rehydration. the only problem was a long wait. biggest problem, waiting to get services. very crowded. >> there were people said they were down there from the night before actually trying to get checked and like said made, being in a room with 100 sick people all vomiting, just to me i would rather just stayed in my room and got better, took whatever medicine i could. >> and then, was there a problem with containing it? because i also was told you couldn't just grab food off of those buffets. you had to wait until people served you? if you followed the rules you didn't get sick. you were already sick. did you find if you followed rules you didn't get sick. >> no. people that were sick were walking around the boat. >> spreading it. >> spreading it. >> elevators and stair wales, touching, door snobs and sitting in same theater an everything. we were all together and literally a cesspool of germs. >> [inaudible] >> yes. >> i panicked. so it was very scary. >> a lot of people were very scared. they wanted to get home. >> how did you keep from getting sick? >> me? i kept watching my hand. >> i had clorox wipes in the bathroom. >> how did you know whether the water was safe to drink. >> we didn't. >> you had to because you were getting dehydrated. >> we drank bottles of water. >> so it was terrible. >> you were tell me now you're still feeling sick? >> i have stomach pains still. i have burning pains in my stomach. so i'm going to see my own doctor at home tomorrow. hopefully everything checks out okay. melissa: have we re-established? no one can hear me. >> people are still sick coming off. i can not examine her here. melissa: none of you can hear me right now? dr. siegel, can you hear me? no. >> some woman was sick on monday still. she was still sick. melissa: all right. they lost our feed but dr. marc siegel is champion there for conducting interview on his own because it was interesting to hear what the folks had to say. i understand they gave them a 50% refund on their money. i wanted to know if those two passengers thought that was reasonable or not? because i would want more than 50% back. i also wouldn't be willing to go on another cruise but yet again i'm not a huge cruise fan. thanks to all of you for doing that. , we appreciate it. >> up next the super bowl versus the olympics, two of the world's biggest sporting events are upon us and companies are paying big bucks to reach tens of millions of viewers. which is worth the cost of sponsorship? our marketing maven bruce terkel is back. >> the real response to the state of the union. see if the president's message is resonating with those counting on most. we have a restaurant owner reacting. wait until you hear what he has to say. do you ever have too much money? we asked people a question, how much money do you think you'll need when you retire? then we gave each perso a ribbon to show how many years that amount might last. i was trying to, like, pull it a little further. 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[ car alarm chirps ] hurry in to your authorized mercedes-benz dealer for 99% financing during our certified pre-owned sales event through february 28t open to innovation. open to ambition. open to boldids. that's why n york has new plan -- dozens of tax free zones all across t state. move here, expand here, or start a new business here and pay o taxes for ten years... we're new york. if there's something that creates momore jobs, and ows more businesses... we're open to it. start a tax-free busine at startup-ny.com. melissa: olympic sponsors paid $12 billion for the exposure but are they getting what they bargained for? major sponsors like coca-cola and mcdonald's got caught up in a backlash against a russian law that critics say infringes on gay rights. is the high price tag ever sponsorship worth it? joining me the executive creator of turkel brands, is bruce turkel. we missed you. you've been traveling a month. we missed you. >> i missed you all too. thank you for having me back. melissa: talk about the olympic as little bit. when you talk about coca-cola an mcdonald's always proud to be mart part of the olympics there year there is so much controversy with it, they got more or less what they bargained for. >> get used to it. this is what will happen with everything. so many organizations can figure out use marketers dollars against them to say, hey, you're supporting something we don't agree with. thanks to social media and technology, a very small and very vocal minority can get companies very worried about where they're spending their dollars. melissa: so do you think it was a bad deal for coca-cola? is there more negative in it than positive? >> no, i don't think it's a bad deal at all. i think as long as coca-cola gets their name out there i think it is good for them. face it, people understand when coke is buying advertising in the ol' olympics they're not supporting posturing of host country where the games are, come on? no consumers are worried about that. melissa: what about the super bowl? we have two events going on for advertise terse. i understand the olympics are more expensive but if you had to advice one wan oy are way or the other who do you get more bang for your buck? >> depends who you want to reach. if you want to reach men in short period of time and make sure you get them all, go with the super bowl. face it, women watch the olympics. men don't watch figure sky skating or curling. if you want to reach women better off with the olympics. you want bang for your buck, big message out there fast, super bowl. you want a message over a long period of time like coke and mcdonald's? face it their customers eat at mcdonald's or drink coke every day, then the olympics make sense. melissa: i only four advertisers did both. mcdonald's is not one of them. mcdonald's is doing the only olympics and not super bowl. coca-cola city chibani, yogurt i don't eat. i'm only person that doesn't eat that budweiser, i don't associate budweiser with the olympics. if you're drunk y really poorly at the olympics. >> the thing about bud wisers, budweiser is a nine hundred pound canary, they advertise everywhere. they have a lot of money and money drives beer consumption. they will go wherever they can find consumers. melissa: what is the buzz you heard so far about super bowl ads? anything getting your attention what we should look out for? >> it is interesting this year. all of sudden after last year, the year before, advertisers started prereleasing their commercials before you even see the super bowl. makes it odd you will tune in to watch the ads but on the other hand you already seen them. i think what to watch for is the company that uses social media. remember last year when there was the blackout and or rios did the amazing piece really quickly. 15,000 a minute were retweeting orrery yo's message. mashable said the 50% of the users watch with a third screen -- oreos. a ipad, tablet on their laps. who can figure out how to get people to tweet, comment un, on facebook, get a viral response, that is who is going to win. melissa: all about twitter. it is not about facebook. we were talking about live conversations about an event. facebook tried to get into that, everybody when they have an ad, hashtag, go on twitter to be part of the live conversation. >> it is all about twitter until someone figures out how to make it about facebook. this stuff is so fluid and changing so quickly, whoever figures it out, that is were the score is. if i was watching, people say what is the best ad? what makes it the best? that it is funniest? the most interesting? no, what makes it best gets out there the most and gets most consumers to pay attention. melissa: one people are talk about is the volkswagen, talking about algorithm to make the best super bowl ad. i think we have it somewhere if we show a little bit of it. you see this nerdy science guy, although he is not that nerdy and go ahead and create an algorithm and puppies an all type of things. what do you think of that ad? >> stereotypes of super bowl advertising. you think super bowl is window into the psyche of american consumer. not very complimentary about our culture, who we are what we look at but it is very funny. melissa: i like pretty much everything they were showing. there were puppies, baby, carmen electra. supposed to be joke but pretty accurate. bruce, we is so glad you're back. we really missed you. >> thanks for having me. missed you too. melissa: up next while the president is helping businesses benefit we have a full money panel on red flags from real person's reaction to the former comptroller of the u.s. watch and tweet me what you think. can your business afford to pay more? and "who made money today?" we have a gut feeling about this one. this main made just nearly six times what his company makeses in a single year? amazing. 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[ female announcer ] ask your doctor about lyrica today. it's specific treatment for diabetic nerve pain. to hear more of phyllis's story, visit lyrica.com. melissa: president obama's state of the union address read like a love letter to the economy. what will impact for his push to raise the minimum wage actually have on your money? we have full spectrum of reactions for you. we'll get policy angle from katie pavlich. find out how businesses are coping. from former u.s. comptroller general and wall street lender, but first i want to go to a restaurant owner, jody manor. she is here with her take. sorry, his take. jody, thanks so much for joining us. pardon me me for that. >> no problem. >> let me ask you, you operate a small business. you know with many employees, half of the workforce in the country that works for minimum wage works for business less than 100 employees. how would raising minimum wage impact your business? >> the president suggested last night that the minimum wage be raised to 10.10. the majority of people who work for my companies already make that or more. but, entry level positions, dishwashers and such, we pay 8.50. so there are obviously would be impact on our pricing. for, having to pay those kind of wages. >> when you hear folks talk about this, they say it is the business owner who is making a @ot of profit who would have to go ahead and pay their workers a living wage. you laugh. i hear your reaction there. are you making a big profit and you would hand that over to the your dishwasher? >> look, you know, i've been in the restaurant business 40 years and i started at age 14 as a dishwasher. i have ultimate respect for the guys who come in every day and do that. i would love to be able to pay them $10 an hour frankly. but, it's, you know, there will be an impact on our pricing. and i don't hear people talking about that impact. what does that mean in our culture that really is one that everybody says for cheap. melissa: what would it mean for your pricing? right away you would have to, give me some examples? >> you know, i haven't thought it all through since last night but obviously there would be impact all the way through. if you pay a dishwasher $10 an hour, then front line people you have to increase wages as well. melissa: seems like more beneficial way to work on economy would be to somehow encourage you to open even more restaurants. that bay you would be creating jobs. what would it take to do that? >> i just did that. i just open ad new place last november. melissa: good for you. >> well, the jury's out. melissa: why is the jury out? >> to be honest with you, it is a waterfront restaurant and it is in, you know, middle of winter. so it is not the best time to get going but it will get there. your question though was, you know what would encourage me to hire more people or open more businesss? melissa: yeah, all of that. >> frankly if the government would do their job that would help a lot because this last year that we just went through created so much uncertainty for people. people are afraid of spending money again of the as the president said, are we going to help or hinder or create chaos or crises? and, that to me was what a lot of last year was about. closing the government, that is one of the worst things that could possibly happen for small business in this economy, particularly in the washington area. melissa: why, you're in the washington area. that would be a slowdown there. who do you blame for that? down the government? everybody? >> everybody. everybody's complicit in it. we, i have been around a while. i grew up here. i grew up reading "the washington post" and paying attention to what is going on. the government used to function better. people were able to reach across the aisle to get things done. that is sadly was lost. i certainly hope the president is right and this will be a breakthrough year and some of the acrimony we lived through last year can be put aside for the greater good. melissa: jody, your frustration is felt by some americans. thank you for coming on and putting a face to it. we appreciate it. good luck to you. >> thank you very much. melissa: bring in townhall.com news editor, katie pavlich. she is a fox news contributor. what do you think of what you heard? >> i think it's a sad situation of a lot of business owners across-country. i think a key point is uncertainty. i don't think president obama's state of the union address last night gave anything to give business owners certainty that they need. one thing that really stood out to me, when talking about the wages of people who work in this man's restaurant, president obama, one of the key things last night was touting fact he will use an executive order to raise the minimum wage for some federal workers. where does that money come from? that money comes out of paychecks of exact people being employed by small businesses with the man you just said. it is tax time. go home, find the w-2, add up taxes look when will i get a raise? unfair to taxpayers to continually taking money out of our paychecks to give other people a raise. melissa: you heard the frustration in jody's voice. he told our producer is someone that voted for president obama in 2012. he is frustrated with gridlock in washington and he feels unsupported. he laughed at the idea, you know, that he could afford to just pay his workers more. so this isn't, it is not like we're putting on republicans who we know are going to disagree with what they heard last night. this is somebody who voted for the president. >> right. melissa: you saw sort of his level of dissatisfaction. does that surprise you? >> it doesn't surprise me but i would argue the opposite. business owners are frustrated with the gridlock in washington, d.c. i would say the problemm3 isn't the gridlock the problem is government overreach and blanket the government put on to the economy. for example, president obama saying business owners can just raise minimum wage and implying congress should pass a biil forcing businesses to raise minimum wage. it is government intervention. whereas gridlock prevents the government from doing more of that, and putting more regulation on businesses. businesses being suffocated by government regulation at a very high level is a problem here, not necessarily that people in washington can't get things passed. melissa: very true. katie pavlich, as always thank you so much. >> thank you. melissa: i want to bring in former u.s. comptroller general, david walker and noah breast low. noah, i want to start with you. you work with small business owners and lend them money. what is their attitude and how do they feel? >> we lend money to 700 different industries of small business owners. what we've seen there is real diversity with regards to their opinion on the minimum wage. many small businesses are already paying their employees more than minimum wage. so you think about doctors, electricians and plumbers, industries like that, skilled trades and so forth. what you see at other end of the spectrum, folks rely more on minimum wage employees will have to make real adjustments for the minimum wage to go up. melissa: david, what did you think of what you heard from jody? >> let's do some math. much the president is proposing a 39% increase in the minimum wage. that is only one component of compensation. it will clearly have an impact. we're much better off to deal with the disease which is our dysfunctional education system, our inadequate training programs, and to augment the earned income tax credit, if you want to try to help people who are, who are below an acceptable level of income. but merely raising the minimum wage is unrealistic. frankly an example how we have too many people in government never had a job in the real world and don't really know how it works. melissa: yeah, i mean, david, i would just ask you, jody he laughed when i said they say if you're running a business you should be paying your people living wages, just take it out of your profits and, he looked like he wanted to tear his hair out. >> if government was a business it would be out of business, okay? and so the fact of the matter is really somewhat of irony we call it the state of the union because what it is it is a short-term set of political and policy priorities rather than an honest, strategic and comprehensive assessment where we are as a country, how do we compare to others and what do we need to do to create a better future. that's what we need. melissa: yeah. noah, you actually conduct ad poll that found most businesses would move their workers to part-time or would cut back on hours if they had to raise their wages. what does that tell you? what did it say specifically? >> it was real interesting. we put a poll up on our facebook page and got a lot of different responses. some business owners would compensate by hiring at low end of the wage scale or potentially cutting corners or raising prices to customers. i will say there were a lot of comments to the contrary, either they were supportive of folks making minute plum wage. the restaurant owners spoke about the shutdown in d.c. we saw the same thing in our business. that shutdown negatively affected business owners in the washington, d.c. area. conversely if federal workers have more money their pocket they will spend it in small businesses in d.c. area. we see balanced perspective. historically small business owners are split on the issue. melissa: i guess. david money in pocket of federal workers when they get wage, where does it come from? comes from taxpayers who would have spent it somewhere else. >> comes from taxpayers. the fact of the matter is the average education level and average compensation level for federal workers is way above average, especially when you consider retirement benefits, pension, retiree health care benefits and things of that nature. they're doing pretty well for very secure job as compared to a typical american. melissa: david, what is one thing that the president could have said last night, one program he could have put into action that would make a difference to get the economy going again? it is very easy to sit around an talk about what won't work. what is one thing that would make a difference right now? >> first we need to have a plan. this country has no plan. we have no strategic goals and objectives. ultimately we need comprehensive tax and regulatory reform. we have to do that. we've got to provide more certainty and stability. for people to feel confident about investing in the too future. we have to quit kidding ourselves. you can't treat the symptoms. you have to treat the disease. we've got real problems with with regard to the education system. we have real problems with regard to our critical infrastructure. we've got real problems we're spending too much on consumption, not enough on investment. and yet, people are celebrating the fact that we've reduced the deficit in half, but in fact vane done what we have to do to deal with a much bigger once that lie ahead. time to get real. melissa: gentlemen, thanks to both of you for coming on. >> thank you. melissa: coming up, crooks are getting even craft at thisser with your credit card. long gone are days where thousands of dollars would be charged from far-flung countries. scammers are acting closer to home. they're taking cash one small transaction at a time. can e can't afford to miss this. at the end of the day it is all about money hassle of her old hearing aid. so she got a lyric in her life and evwhich one? 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both of us! call 1 800 350 3292 right now for your risk free 30 day trial and experience hearing with zero daily hassle for yourself. lyric is effortless. it gives me complete freedom. once they're placed in my ear, i never think about my hearing loss again. showering is not a problem. traveling is not a problem. they're hassle free, they're 24/7, there's no maintenance, there's nothing do. thers just absolutely no reason not to try i 100% invisible hearing is wonderf. finding one that works 24/7 with no daily hassle is just too good to pass up. so call now and ask about your risk free 30 day trial. get a lyric in your life. melissa: despite big coin being arrested, the controversial currency doesn't show any signs of slowing down. more and more are accepting it as payment. and the clevelander hotel the latest to hop on the bandwagon. phil is leave. what is going on? >> reporter: hi. monday morning when the feds arrested charlie, he was returning from miami, which had the big weekend conference. and despite that bit coin buzz, it's only growing in popularity. as you mentioned the clevelander hotel now accepting bit coin as payment. >> thank you. >> reporter: breakfast by bit coin. >> i need -- >> reporter: with a qr phone it's all it takes to pay for. it the growing accepted digital currency. >> i try to use it as most as possible. i need cart groceries check out using the coin. i pay my health insurance using it. >> reporter: in fact, the recent trip from amsterdam he paided for the airfare and hotel room with bit coin. bit coin buzz, bit coin money, bit coin entrepreneurism are -- now accepting bit coin. you can even buy super bowl tickets with an bit seats. bit coin is a peer-to-peer digital trade not backed by any bank or government. it's a symbol of a bit coin. they are virtual money. invisible. they only exist online. it's totally unregulated and the subject of great disagreement by monetary economists. its value is often volatile. a year ago it was worth $14. then in november a huge spike up to $1300, and today it's $700. as an fau finance professor explain -- it works better onlike than credit cards and with online exchanges you cash out with traditional currency. >> if i want to buy a green coffee it's difficult for me to do it with the existing financial infrastructure. looking for the headache you can the alternative medium of exchange. >> a major concern it helps lead to law breaking. the leader was arrested in new york for allegedly money laundering drug sales with bit coin for the now silk road website. the government around the world including the u.s. are actively ex-- exploring it. despite all of that, meanwhile, tens of millions of dollars in venture capital are pouring in to bit coin entirialism. melissa: the tough assignment. thank you very much. looks fun. 984, three small numbers can mean numbers. the bb issuing fraud alert. warning consumers to check their credit card statements for any unexplained statements of $9.84. have you been hit. joining me now is ryan mack. >> it's essentially these are -- they found it's bigger than $98@ a lot of individuals if they steal hundreds of dollar from your account there's the warning flag. they do $9.84 it goes under the radar. they prey upon the fact they don't check their impact every day. >> a lot of time i swipe at the small store or a taxi. when it comes on the credit card statement it's almost unrecognizable. these were like cedw.com or things you would say, oh, i don't know what that is. it's a small amount. it seems clever. >> the bottom line they are getting more advanced every year as technology becomes more and more advanced. they figure out that these individuals are not checking accounts regularly. it's do $9.84. we send individuals for $2.10 or 30 cents. if you do it over 100 million accounts they're making a lot of money. bottom line the days of waiting until the end of the month and checking bank account statements are over. >> every day? >> every day. it takes two minutes to check out to see if you have a different statement that you have a charge. it's worth it at the end of the day. melissa: you talked about other interesting thing you think people should not do. other than checking your statement all the time. which is something you do. don't use atm machines outside. >> they've got technical. they can use mirror technology, certain technology they can install within the atm. you put your card in, they can read your credit card information. whenever you think you're getting money out there's somebody monitoring the credit card. >> how is it different than the atm going inside. >> inside it's protected. it it is outside a lot of scammers practice going to the outside atm to make sure they can approach those outside. if they are inside they are guarded by security agents. they might have police officers checking the atm. these are things if they're outside open and fair gate to be vandalized. >> if you have small children they're the ones most likely to have their identity stolen. >> a 5-year-old child -- if you have a social security number, you have -- you are highly susceptible to being victimized. a 5-year-old social security number is like gold. why? a 5-year-old is not going check their credit card or credit until they are 18 maybe until they graduate college. 22 or 23. they have been scamming them and stealing them blind over all the years. when they check their account they realize they're being victimized. for children. like i said, i have a child we should be checking my child's credit. it's too soon. >> they don't have a credit card. >> good advise. coming up. a deal you can't refuse. a private jet, a stay at the ritz, and stretch limo all the waa to the super bowl. it sounds perfect. you won't believe the package being sold to the rich and famous this weekend. or the price tag. you can never have too much "money with melissa francis." it is time for a little fun with another round of our super bowl "spare change." you'll need a lot of "spare change" for this one. it's a super exclusive super bowl package that includes everything from transportation to access to post super bowl parties, and an exclusive nfl tailgate party, oh yeah, and tickets to the big game for a mere -- wait for it, $1 million! get this, so you to first be invited to buy the package and make a minimum of $25 million. the man who is selling this souped up deal vincent greco. joins me now. a million dollars. what do i get for a million dollars, which, by the way, i don't have $25 million you wouldn't semiit to me. in theory what would i get? >> in theory you want the a to z. >> okay. >> do you get a drum roll? melissa: please we continue have that much time. >> he package is deplete package. we found there are certain clients that want to be able to just make one phone call, have the entire weekend taken care of. the package includes transportation to a private jet, private jet to new york, any city in the united states, from there on saturday we do a six-hour tour of new york city with a personal tour guide, from there we take them to dinner. melissa: anywhere yoo want in new york city. i understand in the meantime you are staying a the the ritz carlton. you are not sleeping in the car. >> great point. three nights a the the ritz. melissa: three nights. on saturday you're going to a fantastic game. >> the club seats at the madison square garden. that's the knick game. after that the maxim party. from there back to the hotel for sleep. in the morning we pick you up again. back to the meadowlands. you participate in the nfl tailgate party. melissa: nice. who is going to be there. it's important to me. i only want to rub shoulder with the right people. >> i'm going to be there. melissa: that's good. then you have -- are you in a booth? >> a private luxury suite for 30 people. all food and drink included in the luxury suite. after wards -- >> i don't eat and drink that much. the suite sounds wonderful. >> it's a great value actually. melissa: it's a great value. it for $1 million it's a fantastic value. how many of these do you have available? >> we have one package left. we started with three. melissa: you sold two of these already? >> two variations of the package. >> not a million dollars i'm hearing. >> correct. melissa: people pulled some thicks out. >> each package with can customize the package. if they want one or three component. we can change the package and customize it. melissa: it's wednesday. are you getting nervous? the last one. are you validded with a suite. do you have someene on standby? >> we have a plan on standby. absolutely. always a contingency plan in business. melissa: are you going slash the price. if i talk to you on friday. you're not sweating yet. >> the lights are pretty hot. i would say maybe $975 would be the best. no friday afternoon our plan our contingency plan would be to break down the package and sell the components of the package. melissa: oh. >> you have the tailgate party, we have the suite, we have the knicks ticket, we have the maxim. >> i want to go to the district tv party. we may have to talk about tickets for that. good luck to you. >> thank you very much. up next. can you guess who made money today? we couldn't bypass the chance of a serious heart to heart with this guy earlier in the show. it wasn't in vain. he's busy delivering -- get it, the goods back to the shareholders. you can never have too much "money with melissa francis." whether it's on wall street or main street. here who is who made money. starting with the company we @%ened the show with today. investors are in a frenzy over the bio printing firm. it printed hundreds of liver tissues month ahead of the april deadline. the stock surge more than 10%. i would just speaking with the chief executive keith murphy. he owns around 6.3 million shares. he made nearly $6 million. no wonder he was in a great mood on the show. and making money off kanye west. reports say kanye has to pay a whopping $250,000 settlement to the teenager he allegedly assaulted. that is after the kid hurled insults and racial slurs to his wife-to be. it's not over yet. kanye could be charged with batter i are. the milwaukee violinist robbed of his restaurant. was in no ordinary violin. it's a 300-year-old worth up to $6 million. the poor guy was confronted by an armed robber outside a city concert hall and then tasered. he's okay but the violin is long gone. and both the fbi and interpoll are investigating. open and close that case. wow. be sure to tune in tomorrow. we are talking to herman cain about how to do better business in america will we heading in the right distribution. what are his secrets to success. don't forget to set your dvr every day. everything money. have a terrific night. "the willis report" is next. hello, everybody. on "the willis report." obama's latest push for your retirement. >> it's a savings bond that encouraging folks to build a nest egg. >> does the plan do anything to help working americans? also new information about the consumer data theft at target with a complete lack of security to blame. and first it was freezing weather. then chaos on the highways. now folks are bracing for a spike in utility bills because of the frigid temperatures. we're watching out for you tonight on "the willis report." ♪

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Transcripts For FBC MONEY With Melissa Francis 20140129

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the printer and layer by layer build a living tissue structure. we built a 3-d liver. melissa: that is amazing. that is the holy grail because that could mean in the future. let me ask a couple questions. where did the cells come from? >> any number of sources. we take cellses from individual person. number of things we print. one thing you might want to print, cancer tumor models, 3-d printed tumors and use it as test subjects for new drugs. if you do that you will take actual biopsy cells from a patient, grow them up and make a lot of little 3-d printed tumors. and use cells from a research cell line been around for a while. you can cells from stem cells from an individual person. we have those in the fat tissue and bone marrow. you can take those, turn them into a cell of interest and bio print. melissa: i wouldn't mind seeing video again to everybody in the booth. let me ask you, when we're talking about the liver i know that originally the idea is not for transplant but like you said it is for testing? >> yeah, that's correct. what we're doing right now is we're making small liver tissues. along in the future we do of course want to get to larger and larger structures but we have to maximize, as a company we have to maximize what we can do today commercially. we can make simple little liver tissues. we'll make 24 up in a single plate and use those as test forg toxicity esearch. it is belle known drugs, 10% of drugs advanced into the: fail in phase three due to unforeseen liver toxicity. there is very good reason. we test them on animals or test them on cells on pemitre dish surface. for a lot of things like liver that doesn't work. we're seeing things get green lighted to go into clinical trials but the subtle effects come out over time. we're trying to change the game. organnovo is making better models of the actual biology ever the human liver. melissa: do you envision a day we're printing actual organs for transplant? >> we'll be able to advance along the lines of simpler tissues first. instead of thinking about making a full liver, make a patch of liver tissue for someone with some liver dysfunction. if you have kidney problem where your kidneys has es keep yaw and a damaged area you could build a kid any tissue patch to repair that along a access of time we'll get to fullerorg fan structures. melissa: why did you focus on liver first? is there something makes it easier or because of need. >> it is because of need. you see the problem with pharmaceutical companies where they don't have good model for toxicology. liver and kidney are big airs for liver toxicology. we're focused in airs of oncology, cancer research which is a big area. there is gap now in pharma. another area would be fibrosis research. hardening of liver and kidney tissues. these are big areas for creating fibrosis models better than current animal models. melissa: do you sell these to research hospitals and do you have a lot of orders? >> target customer is largely pharmaceutical companies and biological labs in academic setting looking for new drugs and drug screening. that is our target market. what you do is do low level drug screening. not talking about thousands of compound. when you have 10 of hundreds of compound and you have one or two to optimize the chemistry that is where we can come in and help out. melissa: what does it cost? >> depends on the tissue and time and need you have. we tend to work with a customer on a individual level. we can build a specific tissue to their need. so if it is liver fibrosis a big cost difference between that and liver toxicity for example. melissa: what is the next organ after the liver do you think. >> i can give you spectrum of things we're working on. liver and kidney will be along the next set of organs. i mentioned cancer. there we built lung tissue and muscle tissue. blood vessels and those are one of the most complex structures we built because we actually build those into tubular structure and build them to withstand blood pressure. a number of things will come out over time. melissa: keith, thank you fascinating work. >> thank you very much. melissa: beware of numbers 984, a new credit card scam that is so small you might overlook it on your bill. how closely do you check your charges? details whether you're being robbed a little later in the show. up next, the sick boat returns nearly 700 people caught a horrendous stomach bug on this royal caribbean cruise ship. and they have just gotten back on to solid ground. we're talking to one passenger who says, the pain, sorry was worse than childbirth. how is that possible? you have to hear this one. some of the world's biggest companies are dropping 100 million bucks to sponsor the upcoming winter olympics which leaves us to wonder, are they even worth it? don't move. way more "money" coming right up. melissa: oh ship. here we go again. royal caribbean's explorer of the seas is cutting its 10-day caribbean cruise two days short. the boat returned to its new jersey port with nearly 700 sick passengers with symptoms thought to be from the norovirus. it is the highest number of sick people reported on any cruise ship in 20 years. with me now at the port, is dr. siegel, from fox news's medical a-team and two of the passengers. jennifer esposito and michael lamasela thanks for joining us. i'm sure you're so happy, jennifer and michael to be back on solid ground. jennifer, let me ask you one of the people on cruise, on twitter feed said it was more painful than childbirth. you said you were sick and thought your appendix burst, is that true? what was it like? >> i started experiencing terrible burning pains in my stomach. i started feeling gnash sure and vomiting and all other nasty stuff that comes after that with a sum virus and it was very painful and very uncomfortable and actually very scary being in the middle of ocean sick like that because like i had said earlier i thought i was maybe getting appendicitis, when it turns out to be some sort of a stomach bug. the captain came on the loud speaker next morning after i was sick and announced other people are experiencing same problems i was experiencing. so it was a little scary at first t was just a nightmare. the whole experience was a nightmare. melissa: what happened there from there? how long were you sick? you look better now. >> thank you. i was actually sick for about three days. i quarantined myself in my room for three days. the captain had come on the loud speaker the next morning which was on thursday and had announced that like i said, people were experiencing issues with the norovirus and to have, if you're experiencing those issues to come down to the infirmary and get checked. when i went down there to go get a free examination, the, the, i lost feed. >> we lost feed. melissa: everyone? >> i'm sorry. i when i went down there were about 120 people who were waiting there and who were all sick and i decided that i didn't want want to be down there with everybody sick because it was just a germ fest. so my boyfriend decided to make me back up to the room and pretty much took care of me for the rest of the time. melissa: wow. can any of you hear us there? michael, can you hear us. >> sounds like a lot of expedited care there as cdc got involved from st. thomas. they didn't stop at any ports and came straight back here. everyone i spoke to said they were very supportive with the care, antinausea drugs, antidiarrhea drugs, rehydration. the only problem was a long wait. biggest problem, waiting to get services. very crowded. >> there were people said they were down there from the night before actually trying to get checked and like said made, being in a room with 100 sick people all vomiting, just to me i would rather just stayed in my room and got better, took whatever medicine i could. >> and then, was there a problem with containing it? because i also was told you couldn't just grab food off of those buffets. you had to wait until people served you? if you followed the rules you didn't get sick. you were already sick. did you find if you followed rules you didn't get sick. >> no. people that were sick were walking around the boat. >> spreading it. >> spreading it. >> elevators and stair wales, touching, door snobs and sitting in same theater an everything. we were all together and literally a cesspool of germs. >> [inaudible] >> yes. >> i panicked. so it was very scary. >> a lot of people were very scared. they wanted to get home. >> how did you keep from getting sick? >> me? i kept watching my hand. >> i had clorox wipes in the bathroom. >> how did you know whether the water was safe to drink. >> we didn't. >> you had to because you were getting dehydrated. >> we drank bottles of water. >> so it was terrible. >> you were tell me now you're still feeling sick? >> i have stomach pains still. i have burning pains in my stomach. so i'm going to see my own doctor at home tomorrow. hopefully everything checks out okay. melissa: have we re-established? no one can hear me. >> people are still sick coming off. i can not examine her here. melissa: none of you can hear me right now? dr. siegel, can you hear me? no. >> some woman was sick on monday still. she was still sick. melissa: all right. they lost our feed but dr. marc siegel is champion there for conducting interview on his own because it was interesting to hear what the folks had to say. i understand they gave them a 50% refund on their money. i wanted to know if those two passengers thought that was reasonable or not? because i would want more than 50% back. i also wouldn't be willing to go on another cruise but yet again i'm not a huge cruise fan. thanks to all of you for doing that. , we appreciate it. >> up next the super bowl versus the olympics, two of the world's biggest sporting events are upon us and companies are paying big bucks to reach tens of millions of viewers. which is worth the cost of sponsorship? our marketing maven bruce terkel is back. >> the real response to the state of the union. see if the president's message is resonating with those counting on most. we have a restaurant owner reacting. wait until you hear what he has to say. do you ever have too much money? we asked people a question, how much money do you think you'll need when you retire? then we gave each perso a ribbon to show how many years that amount might last. i was trying to, like, pull it a little further. [ woman ] got me to 70 years old. i'm going have to rethink this thing. it's hard to imagin how much we'll need for a retirement that could last 3years or mor so may we need to approach things dferently, if we want to be ready for a longer retirement. ♪ [ car alarm chirps ] ♪ [ male announcer ] we don't just certify our pre-owned vehicles we inspect, analyze, and recondition each one, until it's nothing short of a genuine certified pre-owned mercedes-benz for the next new owner. [ car alarm chirps ] hurry in to your authorized mercedes-benz dealer for 99% financing during our certified pre-owned sales event through february 28t open to innovation. open to ambition. open to boldids. that's why n york has new plan -- dozens of tax free zones all across t state. move here, expand here, or start a new business here and pay o taxes for ten years... we're new york. if there's something that creates momore jobs, and ows more businesses... we're open to it. start a tax-free busine at startup-ny.com. melissa: olympic sponsors paid $12 billion for the exposure but are they getting what they bargained for? major sponsors like coca-cola and mcdonald's got caught up in a backlash against a russian law that critics say infringes on gay rights. is the high price tag ever sponsorship worth it? joining me the executive creator of turkel brands, is bruce turkel. we missed you. you've been traveling a month. we missed you. >> i missed you all too. thank you for having me back. melissa: talk about the olympic as little bit. when you talk about coca-cola an mcdonald's always proud to be mart part of the olympics there year there is so much controversy with it, they got more or less what they bargained for. >> get used to it. this is what will happen with everything. so many organizations can figure out use marketers dollars against them to say, hey, you're supporting something we don't agree with. thanks to social media and technology, a very small and very vocal minority can get companies very worried about where they're spending their dollars. melissa: so do you think it was a bad deal for coca-cola? is there more negative in it than positive? >> no, i don't think it's a bad deal at all. i think as long as coca-cola gets their name out there i think it is good for them. face it, people understand when coke is buying advertising in the ol' olympics they're not supporting posturing of host country where the games are, come on? no consumers are worried about that. melissa: what about the super bowl? we have two events going on for advertise terse. i understand the olympics are more expensive but if you had to advice one wan oy are way or the other who do you get more bang for your buck? >> depends who you want to reach. if you want to reach men in short period of time and make sure you get them all, go with the super bowl. face it, women watch the olympics. men don't watch figure sky skating or curling. if you want to reach women better off with the olympics. you want bang for your buck, big message out there fast, super bowl. you want a message over a long period of time like coke and mcdonald's? face it their customers eat at mcdonald's or drink coke every day, then the olympics make sense. melissa: i only four advertisers did both. mcdonald's is not one of them. mcdonald's is doing the only olympics and not super bowl. coca-cola city chibani, yogurt i don't eat. i'm only person that doesn't eat that budweiser, i don't associate budweiser with the olympics. if you're drunk y really poorly at the olympics. >> the thing about bud wisers, budweiser is a nine hundred pound canary, they advertise everywhere. they have a lot of money and money drives beer consumption. they will go wherever they can find consumers. melissa: what is the buzz you heard so far about super bowl ads? anything getting your attention what we should look out for? >> it is interesting this year. all of sudden after last year, the year before, advertisers started prereleasing their commercials before you even see the super bowl. makes it odd you will tune in to watch the ads but on the other hand you already seen them. i think what to watch for is the company that uses social media. remember last year when there was the blackout and or rios did the amazing piece really quickly. 15,000 a minute were retweeting orrery yo's message. mashable said the 50% of the users watch with a third screen -- oreos. a ipad, tablet on their laps. who can figure out how to get people to tweet, comment un, on facebook, get a viral response, that is who is going to win. melissa: all about twitter. it is not about facebook. we were talking about live conversations about an event. facebook tried to get into that, everybody when they have an ad, hashtag, go on twitter to be part of the live conversation. >> it is all about twitter until someone figures out how to make it about facebook. this stuff is so fluid and changing so quickly, whoever figures it out, that is were the score is. if i was watching, people say what is the best ad? what makes it the best? that it is funniest? the most interesting? no, what makes it best gets out there the most and gets most consumers to pay attention. melissa: one people are talk about is the volkswagen, talking about algorithm to make the best super bowl ad. i think we have it somewhere if we show a little bit of it. you see this nerdy science guy, although he is not that nerdy and go ahead and create an algorithm and puppies an all type of things. what do you think of that ad? >> stereotypes of super bowl advertising. you think super bowl is window into the psyche of american consumer. not very complimentary about our culture, who we are what we look at but it is very funny. melissa: i like pretty much everything they were showing. there were puppies, baby, carmen electra. supposed to be joke but pretty accurate. bruce, we is so glad you're back. we really missed you. >> thanks for having me. missed you too. melissa: up next while the president is helping businesses benefit we have a full money panel on red flags from real person's reaction to the former comptroller of the u.s. watch and tweet me what you think. can your business afford to pay more? and "who made money today?" we have a gut feeling about this one. this main made just nearly six times what his company makeses in a single year? amazing. 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[ female announcer ] ask your doctor about lyrica today. it's specific treatment for diabetic nerve pain. to hear more of phyllis's story, visit lyrica.com. melissa: president obama's state of the union address read like a love letter to the economy. what will impact for his push to raise the minimum wage actually have on your money? we have full spectrum of reactions for you. we'll get policy angle from katie pavlich. find out how businesses are coping. from former u.s. comptroller general and wall street lender, but first i want to go to a restaurant owner, jody manor. she is here with her take. sorry, his take. jody, thanks so much for joining us. pardon me me for that. >> no problem. >> let me ask you, you operate a small business. you know with many employees, half of the workforce in the country that works for minimum wage works for business less than 100 employees. how would raising minimum wage impact your business? >> the president suggested last night that the minimum wage be raised to 10.10. the majority of people who work for my companies already make that or more. but, entry level positions, dishwashers and such, we pay 8.50. so there are obviously would be impact on our pricing. for, having to pay those kind of wages. >> when you hear folks talk about this, they say it is the business owner who is making a @ot of profit who would have to go ahead and pay their workers a living wage. you laugh. i hear your reaction there. are you making a big profit and you would hand that over to the your dishwasher? >> look, you know, i've been in the restaurant business 40 years and i started at age 14 as a dishwasher. i have ultimate respect for the guys who come in every day and do that. i would love to be able to pay them $10 an hour frankly. but, it's, you know, there will be an impact on our pricing. and i don't hear people talking about that impact. what does that mean in our culture that really is one that everybody says for cheap. melissa: what would it mean for your pricing? right away you would have to, give me some examples? >> you know, i haven't thought it all through since last night but obviously there would be impact all the way through. if you pay a dishwasher $10 an hour, then front line people you have to increase wages as well. melissa: seems like more beneficial way to work on economy would be to somehow encourage you to open even more restaurants. that bay you would be creating jobs. what would it take to do that? >> i just did that. i just open ad new place last november. melissa: good for you. >> well, the jury's out. melissa: why is the jury out? >> to be honest with you, it is a waterfront restaurant and it is in, you know, middle of winter. so it is not the best time to get going but it will get there. your question though was, you know what would encourage me to hire more people or open more businesss? melissa: yeah, all of that. >> frankly if the government would do their job that would help a lot because this last year that we just went through created so much uncertainty for people. people are afraid of spending money again of the as the president said, are we going to help or hinder or create chaos or crises? and, that to me was what a lot of last year was about. closing the government, that is one of the worst things that could possibly happen for small business in this economy, particularly in the washington area. melissa: why, you're in the washington area. that would be a slowdown there. who do you blame for that? down the government? everybody? >> everybody. everybody's complicit in it. we, i have been around a while. i grew up here. i grew up reading "the washington post" and paying attention to what is going on. the government used to function better. people were able to reach across the aisle to get things done. that is sadly was lost. i certainly hope the president is right and this will be a breakthrough year and some of the acrimony we lived through last year can be put aside for the greater good. melissa: jody, your frustration is felt by some americans. thank you for coming on and putting a face to it. we appreciate it. good luck to you. >> thank you very much. melissa: bring in townhall.com news editor, katie pavlich. she is a fox news contributor. what do you think of what you heard? >> i think it's a sad situation of a lot of business owners across-country. i think a key point is uncertainty. i don't think president obama's state of the union address last night gave anything to give business owners certainty that they need. one thing that really stood out to me, when talking about the wages of people who work in this man's restaurant, president obama, one of the key things last night was touting fact he will use an executive order to raise the minimum wage for some federal workers. where does that money come from? that money comes out of paychecks of exact people being employed by small businesses with the man you just said. it is tax time. go home, find the w-2, add up taxes look when will i get a raise? unfair to taxpayers to continually taking money out of our paychecks to give other people a raise. melissa: you heard the frustration in jody's voice. he told our producer is someone that voted for president obama in 2012. he is frustrated with gridlock in washington and he feels unsupported. he laughed at the idea, you know, that he could afford to just pay his workers more. so this isn't, it is not like we're putting on republicans who we know are going to disagree with what they heard last night. this is somebody who voted for the president. >> right. melissa: you saw sort of his level of dissatisfaction. does that surprise you? >> it doesn't surprise me but i would argue the opposite. business owners are frustrated with the gridlock in washington, d.c. i would say the problemm3 isn't the gridlock the problem is government overreach and blanket the government put on to the economy. for example, president obama saying business owners can just raise minimum wage and implying congress should pass a biil forcing businesses to raise minimum wage. it is government intervention. whereas gridlock prevents the government from doing more of that, and putting more regulation on businesses. businesses being suffocated by government regulation at a very high level is a problem here, not necessarily that people in washington can't get things passed. melissa: very true. katie pavlich, as always thank you so much. >> thank you. melissa: i want to bring in former u.s. comptroller general, david walker and noah breast low. noah, i want to start with you. you work with small business owners and lend them money. what is their attitude and how do they feel? >> we lend money to 700 different industries of small business owners. what we've seen there is real diversity with regards to their opinion on the minimum wage. many small businesses are already paying their employees more than minimum wage. so you think about doctors, electricians and plumbers, industries like that, skilled trades and so forth. what you see at other end of the spectrum, folks rely more on minimum wage employees will have to make real adjustments for the minimum wage to go up. melissa: david, what did you think of what you heard from jody? >> let's do some math. much the president is proposing a 39% increase in the minimum wage. that is only one component of compensation. it will clearly have an impact. we're much better off to deal with the disease which is our dysfunctional education system, our inadequate training programs, and to augment the earned income tax credit, if you want to try to help people who are, who are below an acceptable level of income. but merely raising the minimum wage is unrealistic. frankly an example how we have too many people in government never had a job in the real world and don't really know how it works. melissa: yeah, i mean, david, i would just ask you, jody he laughed when i said they say if you're running a business you should be paying your people living wages, just take it out of your profits and, he looked like he wanted to tear his hair out. >> if government was a business it would be out of business, okay? and so the fact of the matter is really somewhat of irony we call it the state of the union because what it is it is a short-term set of political and policy priorities rather than an honest, strategic and comprehensive assessment where we are as a country, how do we compare to others and what do we need to do to create a better future. that's what we need. melissa: yeah. noah, you actually conduct ad poll that found most businesses would move their workers to part-time or would cut back on hours if they had to raise their wages. what does that tell you? what did it say specifically? >> it was real interesting. we put a poll up on our facebook page and got a lot of different responses. some business owners would compensate by hiring at low end of the wage scale or potentially cutting corners or raising prices to customers. i will say there were a lot of comments to the contrary, either they were supportive of folks making minute plum wage. the restaurant owners spoke about the shutdown in d.c. we saw the same thing in our business. that shutdown negatively affected business owners in the washington, d.c. area. conversely if federal workers have more money their pocket they will spend it in small businesses in d.c. area. we see balanced perspective. historically small business owners are split on the issue. melissa: i guess. david money in pocket of federal workers when they get wage, where does it come from? comes from taxpayers who would have spent it somewhere else. >> comes from taxpayers. the fact of the matter is the average education level and average compensation level for federal workers is way above average, especially when you consider retirement benefits, pension, retiree health care benefits and things of that nature. they're doing pretty well for very secure job as compared to a typical american. melissa: david, what is one thing that the president could have said last night, one program he could have put into action that would make a difference to get the economy going again? it is very easy to sit around an talk about what won't work. what is one thing that would make a difference right now? >> first we need to have a plan. this country has no plan. we have no strategic goals and objectives. ultimately we need comprehensive tax and regulatory reform. we have to do that. we've got to provide more certainty and stability. for people to feel confident about investing in the too future. we have to quit kidding ourselves. you can't treat the symptoms. you have to treat the disease. we've got real problems with with regard to the education system. we have real problems with regard to our critical infrastructure. we've got real problems we're spending too much on consumption, not enough on investment. and yet, people are celebrating the fact that we've reduced the deficit in half, but in fact vane done what we have to do to deal with a much bigger once that lie ahead. time to get real. melissa: gentlemen, thanks to both of you for coming on. >> thank you. melissa: coming up, crooks are getting even craft at thisser with your credit card. long gone are days where thousands of dollars would be charged from far-flung countries. scammers are acting closer to home. they're taking cash one small transaction at a time. can e can't afford to miss this. at the end of the day it is all about money hassle of her old hearing aid. so she got a lyric in her life and evwhich one? anged. you'll never know because the lyric is in her ear. 100% i invib. you can't see it, and it's the only device that works round the clock with zero daily hassle. no batteries to change. no taking off and putting on everyday. in their report, a leading newspaper said "lyric appears to have overcome many of the problems associated with tradional hearing aids" sound good call 1 800 350 3292 now for your risk free 30 day trial. this is the lyric. it's teeny... it's soft... lyric fits comfortably at the sweet spot right next to your ear drum for truly natural sound quality. in fact, 95% of lyric users prefer lyric sound quality to their o hearing aid. it sounds like the hearing that i remember hearing when i was young. and finally i was able to hear what people hato and i hadn't realize i'd lost that much in those years. so it was terrific. the quality and clarity of sound is unlike anything i've experienced. now the miller twin with lyric can hear and do most everything her sister does twenty-four seven. so which twin hears clearly now? both of us! call 1 800 350 3292 right now for your risk free 30 day trial and experience hearing with zero daily hassle for yourself. lyric is effortless. it gives me complete freedom. once they're placed in my ear, i never think about my hearing loss again. showering is not a problem. traveling is not a problem. they're hassle free, they're 24/7, there's no maintenance, there's nothing do. thers just absolutely no reason not to try i 100% invisible hearing is wonderf. finding one that works 24/7 with no daily hassle is just too good to pass up. so call now and ask about your risk free 30 day trial. get a lyric in your life. melissa: despite big coin being arrested, the controversial currency doesn't show any signs of slowing down. more and more are accepting it as payment. and the clevelander hotel the latest to hop on the bandwagon. phil is leave. what is going on? >> reporter: hi. monday morning when the feds arrested charlie, he was returning from miami, which had the big weekend conference. and despite that bit coin buzz, it's only growing in popularity. as you mentioned the clevelander hotel now accepting bit coin as payment. >> thank you. >> reporter: breakfast by bit coin. >> i need -- >> reporter: with a qr phone it's all it takes to pay for. it the growing accepted digital currency. >> i try to use it as most as possible. i need cart groceries check out using the coin. i pay my health insurance using it. >> reporter: in fact, the recent trip from amsterdam he paided for the airfare and hotel room with bit coin. bit coin buzz, bit coin money, bit coin entrepreneurism are -- now accepting bit coin. you can even buy super bowl tickets with an bit seats. bit coin is a peer-to-peer digital trade not backed by any bank or government. it's a symbol of a bit coin. they are virtual money. invisible. they only exist online. it's totally unregulated and the subject of great disagreement by monetary economists. its value is often volatile. a year ago it was worth $14. then in november a huge spike up to $1300, and today it's $700. as an fau finance professor explain -- it works better onlike than credit cards and with online exchanges you cash out with traditional currency. >> if i want to buy a green coffee it's difficult for me to do it with the existing financial infrastructure. looking for the headache you can the alternative medium of exchange. >> a major concern it helps lead to law breaking. the leader was arrested in new york for allegedly money laundering drug sales with bit coin for the now silk road website. the government around the world including the u.s. are actively ex-- exploring it. despite all of that, meanwhile, tens of millions of dollars in venture capital are pouring in to bit coin entirialism. melissa: the tough assignment. thank you very much. looks fun. 984, three small numbers can mean numbers. the bb issuing fraud alert. warning consumers to check their credit card statements for any unexplained statements of $9.84. have you been hit. joining me now is ryan mack. >> it's essentially these are -- they found it's bigger than $98@ a lot of individuals if they steal hundreds of dollar from your account there's the warning flag. they do $9.84 it goes under the radar. they prey upon the fact they don't check their impact every day. >> a lot of time i swipe at the small store or a taxi. when it comes on the credit card statement it's almost unrecognizable. these were like cedw.com or things you would say, oh, i don't know what that is. it's a small amount. it seems clever. >> the bottom line they are getting more advanced every year as technology becomes more and more advanced. they figure out that these individuals are not checking accounts regularly. it's do $9.84. we send individuals for $2.10 or 30 cents. if you do it over 100 million accounts they're making a lot of money. bottom line the days of waiting until the end of the month and checking bank account statements are over. >> every day? >> every day. it takes two minutes to check out to see if you have a different statement that you have a charge. it's worth it at the end of the day. melissa: you talked about other interesting thing you think people should not do. other than checking your statement all the time. which is something you do. don't use atm machines outside. >> they've got technical. they can use mirror technology, certain technology they can install within the atm. you put your card in, they can read your credit card information. whenever you think you're getting money out there's somebody monitoring the credit card. >> how is it different than the atm going inside. >> inside it's protected. it it is outside a lot of scammers practice going to the outside atm to make sure they can approach those outside. if they are inside they are guarded by security agents. they might have police officers checking the atm. these are things if they're outside open and fair gate to be vandalized. >> if you have small children they're the ones most likely to have their identity stolen. >> a 5-year-old child -- if you have a social security number, you have -- you are highly susceptible to being victimized. a 5-year-old social security number is like gold. why? a 5-year-old is not going check their credit card or credit until they are 18 maybe until they graduate college. 22 or 23. they have been scamming them and stealing them blind over all the years. when they check their account they realize they're being victimized. for children. like i said, i have a child we should be checking my child's credit. it's too soon. >> they don't have a credit card. >> good advise. coming up. a deal you can't refuse. a private jet, a stay at the ritz, and stretch limo all the waa to the super bowl. it sounds perfect. you won't believe the package being sold to the rich and famous this weekend. or the price tag. you can never have too much "money with melissa francis." it is time for a little fun with another round of our super bowl "spare change." you'll need a lot of "spare change" for this one. it's a super exclusive super bowl package that includes everything from transportation to access to post super bowl parties, and an exclusive nfl tailgate party, oh yeah, and tickets to the big game for a mere -- wait for it, $1 million! get this, so you to first be invited to buy the package and make a minimum of $25 million. the man who is selling this souped up deal vincent greco. joins me now. a million dollars. what do i get for a million dollars, which, by the way, i don't have $25 million you wouldn't semiit to me. in theory what would i get? >> in theory you want the a to z. >> okay. >> do you get a drum roll? melissa: please we continue have that much time. >> he package is deplete package. we found there are certain clients that want to be able to just make one phone call, have the entire weekend taken care of. the package includes transportation to a private jet, private jet to new york, any city in the united states, from there on saturday we do a six-hour tour of new york city with a personal tour guide, from there we take them to dinner. melissa: anywhere yoo want in new york city. i understand in the meantime you are staying a the the ritz carlton. you are not sleeping in the car. >> great point. three nights a the the ritz. melissa: three nights. on saturday you're going to a fantastic game. >> the club seats at the madison square garden. that's the knick game. after that the maxim party. from there back to the hotel for sleep. in the morning we pick you up again. back to the meadowlands. you participate in the nfl tailgate party. melissa: nice. who is going to be there. it's important to me. i only want to rub shoulder with the right people. >> i'm going to be there. melissa: that's good. then you have -- are you in a booth? >> a private luxury suite for 30 people. all food and drink included in the luxury suite. after wards -- >> i don't eat and drink that much. the suite sounds wonderful. >> it's a great value actually. melissa: it's a great value. it for $1 million it's a fantastic value. how many of these do you have available? >> we have one package left. we started with three. melissa: you sold two of these already? >> two variations of the package. >> not a million dollars i'm hearing. >> correct. melissa: people pulled some thicks out. >> each package with can customize the package. if they want one or three component. we can change the package and customize it. melissa: it's wednesday. are you getting nervous? the last one. are you validded with a suite. do you have someene on standby? >> we have a plan on standby. absolutely. always a contingency plan in business. melissa: are you going slash the price. if i talk to you on friday. you're not sweating yet. >> the lights are pretty hot. i would say maybe $975 would be the best. no friday afternoon our plan our contingency plan would be to break down the package and sell the components of the package. melissa: oh. >> you have the tailgate party, we have the suite, we have the knicks ticket, we have the maxim. >> i want to go to the district tv party. we may have to talk about tickets for that. good luck to you. >> thank you very much. up next. can you guess who made money today? we couldn't bypass the chance of a serious heart to heart with this guy earlier in the show. it wasn't in vain. he's busy delivering -- get it, the goods back to the shareholders. you can never have too much "money with melissa francis." whether it's on wall street or main street. here who is who made money. starting with the company we @%ened the show with today. investors are in a frenzy over the bio printing firm. it printed hundreds of liver tissues month ahead of the april deadline. the stock surge more than 10%. i would just speaking with the chief executive keith murphy. he owns around 6.3 million shares. he made nearly $6 million. no wonder he was in a great mood on the show. and making money off kanye west. reports say kanye has to pay a whopping $250,000 settlement to the teenager he allegedly assaulted. that is after the kid hurled insults and racial slurs to his wife-to be. it's not over yet. kanye could be charged with batter i are. the milwaukee violinist robbed of his restaurant. was in no ordinary violin. it's a 300-year-old worth up to $6 million. the poor guy was confronted by an armed robber outside a city concert hall and then tasered. he's okay but the violin is long gone. and both the fbi and interpoll are investigating. open and close that case. wow. be sure to tune in tomorrow. we are talking to herman cain about how to do better business in america will we heading in the right distribution. what are his secrets to success. don't forget to set your dvr every day. everything money. have a terrific night. "the willis report" is next. hello, everybody. on "the willis report." obama's latest push for your retirement. >> it's a savings bond that encouraging folks to build a nest egg. >> does the plan do anything to help working americans? also new information about the consumer data theft at target with a complete lack of security to blame. and first it was freezing weather. then chaos on the highways. now folks are bracing for a spike in utility bills because of the frigid temperatures. we're watching out for you tonight on "the willis report." ♪

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