Transcripts For FBC MONEY With Melissa Francis 20150317 : co

Transcripts For FBC MONEY With Melissa Francis 20150317

Record 125 billion on questionable benefits last year. That is according to the Government Accountability office. Lets bring in todays panel. Fox businesss david asman, rich lowery, National Review and also Fox News Contributor. Over there is veronica daguerre, you recognize her from the wall street journal this report is so infuriating. I mean improper payments increased by 19 billion. They had been going down. This includes in addition to the fraud, errors and overpayments, underpayments and payments made without proper documentation. Rich, let me start with you. Well the core competency of government melissa im sorry, the what . The core competency of government melissa yeah, they dont have that. Not even good at that. So look medicare, medicaid weve known forever, rife with fraud. The sail is true of the eitc, a major offender. As far as Government Programs go not a bad one but still gives away melissa that is the earned income tax credit youre talking about which had nearly 18 billion in improper payments. This is the one we talk about new immigrants come in the country. File for back years when they were here illegally. That is 18 billion given away in improper payments. Medicare is the leader of the pack. If you want so be leader among those giving away our money illegally. This is medicare payments to doctors and hospital, most improper payments at 46 billion. Veronica. Waste and so much fraud going on. What is sad people that actually need the money are not getting it because of all the fraud going on. Especially when you talk about medicare and medicaid there is so much reform needed. But political will to get that done, good luck. What bothers me the most is misallocation of capital. This is 125 billion could have been put into the private sector, taken out of the private sector where it could have been allocated well for productive projects, all kinds of new businesses been created by this instead hardearned dollars made by the middle class and upper class and capitalist system of america is going to waste for frivolous purposes. Melissa so true. This is my question. This is the Government Accountability office did the report and found so much fraud and waste. Now what . So what . Whose responsibility is it to get in there to stop this from happening . They now know exactly where it is. Why isnt anyone doing anything about this . We asked who is responsible for following up looking in the own brain room. They said legally each individual agency now responsible. Going to criticize themselves, they will do that. Up to medicare to get in there and identify. No no, who is the police . Who is the watchdog that goes in and enforces the law . It is not their money. This is the fundamental problem. No private enterprise would tolerate routinely this level of waste and fraud. There is one, there is one agency. Melissa who . Every department has an Inspector General. And the Inspector Generals Office is supposed to look into fraud and abuse. Well talk about it with regard to hillary looking into this thing. There is an independent Inspector General in charge of every agency. Are they asleep at the wheel . Melissa you mentioned hillary. I wanted to move on to Hillary Clinton. Breaking news coming out of the state department. Finally confirming oh interesting. Melissa if Hillary Clinton signed a epis race form when she left her job as secretary of state. Listen. We have reviewed secretary clintons official personnel file and Administration File and do not have any record of her signing the of109. In addition after looking into their official personnel files, we do not locate any record of either of her immediate predecessors signing this form. Melissa oh, yeah. Nobody else signed it either. Dont look here. Look at everyone else you hear that sound . That is the sound of megyn kelly closing in on, i mean, watch yourself. Here she comes. I mean that was the only answer they could come up with, right . God forbid they produced form she did sign. There would be hell to pay, rich. Key phrases dealing with the clintons. Old news, not technically illegal and everybody does it. Melissa everybody does it. State department offering that. Melissa you have a way to advance this. Yeah. This, clearly is an issue in which there is enough suspicion about what happened to the emails that were deleted whether there was anybody present when these emails deleted who didnt have security clearance of the all sorts of things, so the Inspector General needs to get involved. I have a very source close to the Inspector Generals in the National Archives who read to me the following. We can put put up full screens. Each Inspector General will report expeditiously, to the attorney general when they have reasonable ground to be violations of federal criminal law. The Inspector General is required by law when there is enough controversy to go to the attorney general and demand a subpoena to look into any documents or any server, computer, server, that is available that could be looked at. There is some, hillarys people said, hey, wait a minute. This is government property. No the server was on private property. It was a private server. So there is no conflict between the melissa attorney general of president obama is not going to be motivated to go on this witchhunt after Hillary Clinton. And witchhunt i would sate to see, hate to see the kefuffle if he denied the ig coming to him saying we have the right to have a subpoena. Melissa are you sure . I dont know. Rich dont you feel like they will weasel out from under this. Of course they will weasel out. There is no will on the part of the Obama Administration holding her accountable. One thing driving story, at least the press for the moment really seized with this matter. Melissa markets seeing red. Dow plunging triple dirge its as the fed kicks off twoday policy meeting. Well have a official decision at this time tomorrow. Tune in, followed by a News Conference by fed chairman janet yellen. Not to be left out oil is hitting a new sixyear low. You want to take a peek at that. Look at that. Veronica, tell me what you think happen with the fed tomorrow . What is the first question for fed officials at the meeting . I want to hear if they will remove the word patience. Well see about that well probably have more clarity what theyre thinking about the economy on wednesday. And well go from there. I think that the timing of the rate increase well see when that happens also the pace. That is a key question were all hanging on. Melissa do you think they take the word patient out . People backtracked on that. Shows you how screwed up the world is. Our economy is, that it rests on one damn word. Arent our markets a little stronger than to stand up for lack or addition of one word . Melissa good point. Not very exciting word. We hang on one word make it something else. Melissa nobody in my house is patient at all. Were not familiar with that word. Apple might be ready for prime time. The tech giant is preparing to launch its own Television Service in the fall according to wall street journal this is very interesting deal. It should be greeted with a little bit of skepticism. Theyre announcing this. They dont have the deal yet. Dont necessarily know details. Speculating 30 to 40 bucks. Nbc universal is not in the group because they had a spat with apple. Theyre trying to tie together broadcasts to deliver it. What do you think. I think they could do it. The new apple iphone 6, has something called the hot spot app which allows to you create a hot spot without any cables in your house. Create it by your phone with your at t contract whatever it is somehow find a way to look that into the apple tv you dont have to pay anybody anything. You have already got it on your iphone. Melissa if you did that you wouldnt get our fantastic channel. You could find a way to stream it in. You could stream it in. Melissa if you just have apple. You could find a way. Melissa ready to rumble in salt lake city. Mitt romney will take on evannedder holyfield in a Charity Boxing match. Who wants to i love romneys comment. It will either be a very short or which i will be knocked unconscious. Probably both. Dedicated to charity for sure. I hope he knows evander is really good. Really good. Melissa something he said makes him very likeable argues a little while ago, running for a Certain Office that he does this. Rich does that smart a little bit. Im over it. Sort of. One thing that somebody, i cant remember who said it, it wasnt me. Melissa sure it wasnt. If is worth repeating, if he had been elected president when he ran against obama for obamas reelection, does anybody doubt whether he would have been reelected . You look what he did as governor. You look what he did when he was head of the olympic committee. You look what he did head of bain capital. The guy is a managerial genius. May not be a great campaigner. In fact he is a lousy campaigner. That is why he lost the election but a good organizer. Melissa thank you, gentlemen. The mystery surrounding robert durst continues to unravel. The billionaire facing a murder charge in los angeles, thanks to evidence in hbos documentary. Plus coke, paying big bucks to get your good graces. How the soda brand is marketing itself as a healthy snack. Im not even kidding about that one. Smart money coming up. The real question that needs to be asked is what is it that we can do that is impactful . 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Prevnar 13 ® is used in adults 50 and older to help prevent infections from 13 strains of the bacteria that cause pneumococcal pneumonia. You should not receive prevnar 13 ® if youve had a severe allergic reaction to the vaccine or its ingredients if you have a weakened immune system, you may have a lower response to the vaccine. Common side effects were pain, redness, or swelling at the injection site. Limited arm movement, fatigue, head ache muscle or joint pain less appetite, chills, or rash. Even if youve already been vaccinated with another pneumonia vaccine, prevnar 13® may help provide additional protection. Get this one done. Ask your healthcare professional about prevnar 13® today. Melissa we have breaking news for you right now. An american citizen is accused of planning jihad. We have learned a fired former air force mechanic is charged with the attempt to join the terror group isis. Tyrone pugh was indicted by a grand jury in brooklyn, including charges of providing a material to a terror group. Pugh was born in new jersey. He served in the air force four years. After leaving the air force he worked abroad. He worked for a number of u. S. And middle eastern and asian companies. He attempted to join isis after being fired from a job. It is in the form of a secret criminal complaint back in january but just now coming to light. Well stay on the story and give you more details when we learn them. Hbos the jinx, ratings surging for the show for the finale. The last episode was watched by 800,000 viewers according to nielsen that is 92 from the prior week. Second airing of the jinx at 11 30 to include 250,000 viewers. That total for the night was 1. 5 million. The subject of the documentary, robert durst is charged with firstdegree murder. Fox newss john roberts has the latest. John what do you have . Medical list, good afternoon, to you. Amazing a arrest and related to a boosting a true crime program. Robert durst at a Court Hearing oral liens parish magistrate held emordered him held until monday. Possession after firearm, possession after firearm with a controlled substance that is little bit of marijuana. That carry as mandatory minimum sentence of 10 years. Charged in los angeles with first agree murder with special circumstances. He could face the Death Penalty or very least, life in prison. His attorney Dick Deguerin that durst will fight the charges in l. A. Bob durst did not kill susan berman. He doesnt know who did. That having been said, my concern is that the warrant that was issued in california was issued because of a Television Show and not because of facts. But first, durst needs to get back to los angeles in order to fight the charges. Matt comb man, the man who put new orleans mayor ray nagin behind bars believes authorities here will pursue the weapons charges. I believe they will prosecute them this is not something meant to be a parlor game or parlor trick and the d. A. Would not have filed those charges unless he was seriously growing to pursue the charges all the way to the court house here. If they do that, Melissa Robert durst could be here for months, not just days or weeks. Back to you. Melissa amazing turn of events there, john, thank you so much. A few stories on our radar right now. American Airlines Shares soaring right now. That is on news its stock will be included in the s p 500. The airline will replace allergan after the market close on friday. Oil prices cutting losses briefly turning positive after hitting a fresh sixyear low. Experts say if a nuclear deal is reached with iran, it could open the floodgates for more oil into the market. Nasa is issuing a stark warning on the california drought. It says the state only has enough water, to last one more year. Then what . Millions of israeli voters lining up at the polls as Prime Minister netanyahu seeks reelection. Polls closing in just over an hour 1 2. Officials here at home keeping a very close eye on the results. Adam shapiro joins me now with more. Adam, what do we expect . Well, melissa voter turnout is pretty heavy in israel right now. The polls at 4 00 will close. That is 4 00 our time in the united states. Although that might get some results through exit polling the actual formation of a government will take several weeks possibly a few months because in balance here is which party, whether it is benjamin nets likud party or zion it union led by isac herzog whether they get the nod to form a new government. At play the seats in knesset. No one in israels history ever won a majority of the seats. More likely the zion it movement could pick up more seats than likud. If they pick up only four to six seats, it is possible if likud loses seats and form the government, and netanyahu would still be prime. If they get more than six seats in zionist union, and herzog would become Prime Minister. Everyone is keeping a eye on that. Last night, mr. Netanyahu said there would be no palestinian state while he is Prime Minister. Just recently mr. Herzog said he takes the twostate solution seriously. He would give 100 effort not guaranteeing 100 outcome to a twostate solution with the palestinians. Melissa adam, thank you so much for that report. Well stay on top of that as well. We have no breaking news right now. Illinois representative aaron shock is set to reson according to politico. The 33yearold republican has been plagued by questions about his spending of taxpayer and Campaign Dollars over the last few weeks. There ace new way to send your children to school. Not everyone is happening about this one. Busy parents are putting their kids in an uber . You will chat this one out next. You dont want to miss this debate. Plus the end of the runway for gisele. Why the worlds biggest supermodel taking a little bit of time off. Do you ever have too much gisele . I mean money . When the moments spontaneous, why pause to take a pill . Or stop to find a bathroom . Cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reaction stop taking cialis and get medical help right away. Ask your doctor about cialis for daily use and a free 30tablet trial. So,as my personal financial psychic, im sure you know what this meeting is about. Yes, a raise. Im letting you go. I knew that. You see, this is my amerivest managed. Balances. No. Portfolio. And if doesnt perform well for two consecutive gold. Quarters. Quarters. Yup. Then amerivest gives me back their advisory. Stocks. Fees. Fees. Fees for those quarters. Yeah. So, im confident im in good hands. For all the confidence you need. Td ameritrade. You got this. I take prilosec otc each morning for my frequent heartburn. Because it gives me. Zero heartburn prilosec otc. The number 1 doctorrecommended frequent heartburn medicine for 9 straight years. One pill each morning. 24 hours. Zero heartburn.

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