Interest rates. Will the fed listen. What does it mean for your money. Muscle cars are back. The detroit ought show auto show kicks off. About high gas mileage and horse power. Those that know about sports cars are salivating about this vehicle. Gerri were previewing the rival that is trying to win back american hearts. We have that on the willis report where consumers are our business. We begin tonight with new questions about americas Political Leadership and a rare admission from the white house that it made a mistake. The mistake they say, not sending a higherprofile figure to the weekend antiterror march in paris. That rally drew political leaders from all other world. Conspicuously absent was anyone from the Obama Administration. With us now, democratic strategist and Fox News Contributor doug schoen and National Review editor rich lowery. Doug i will start with you. Sure. Gerri you say the president has abdicated Global Leadership this move . We have the really singular nation to advocate freedom liberty and the kind of liberal values i think we all hold dear. The fact that the president didnt show up, the fact that he would not speak about islamic terror, and the fact that we were represented only in the march by our ambassador, a good and decent woman but a political donor, not even a career diplomat is to me a great tragedy, a mistake and a is something that requires us to as people to be profoundly saddened and disturbed by. Gerri a strong statement. Prime minister of britain cameron, Angela Merkel was there. Benjamin netanyahu was there. Mahmoud abbas was there. Representatives, heads of states from all over. Rich, ask you to listen to the excuse we got today from the white house, to the White House Press corps from josh ernest. Listen to this. The fact this is obviously a march that the planning for which only began on friday night and 36 hours later it had begun. The, what is also clear that the security requirements around president ial level visit or even a vicepresident ial level visit are onerous and significant and in a situation like this, they typically have a pretty Significant Impact on the other citizens who are trying to participate in a large public event like this. Gerri that was a long explanation, rich, do you buy it . Look, moving the president of the United States anywhere is a big logistical challenge but if president obama had said look this, is huge world event that symbolically extremely important and i want to be there, it would have happened. It could have happened and it didnt happen. I think root of it this president , he campaigned on ending war on terror. He wanted it to be over. It is very low on his list of priors. Sew considers these sort of things an inconvenience and annoyance. Gerri thats what it sound like. And not what he wants to talk about. Gerri when you hear him talk about this doug his body language, talking about this, slumped in his chair. Oh, another one of these. I felt like he was just board with this . Well i dont know if he was bored, dismissive, i dont know but let me offer a personal perspective. Im jewish. I am secular jew. Dont spend a lot of time talking publicly about my religious faith but to have the incident at a marketplace and not have the president in synagogue, in paris, on saturday morning showing solidarity with the jews of france and indeed europe, who face unprecedented antisemitism, i found this an embarassment and profoundly disturbing. You have jewish children in a liberal western society having to go to school basically under armed guard. That is an extraordinaire departure and goes to how important this moment is. Gerri i completely agree with both of you on this. And, just shocking he seems so dismissive of all of this. I truly dont understand his reaction. He got a doublewhammy today. He is out announcing a cybersecurity effort against terrorism, right . He is saying well do something about this i will require companies to report to me within 30 days. If you are breached, and then, almost immediately centcom is attacked. Doug, what was your reaction . My reaction we were being mocked by isis. The fact that the president spent time with the san antonio spurs, joking well he could have sent the Vice President but he preferred to do it and not do his state of the union preparation, is this man living in alternative universe . Absolutely right. Gerri twitter feed that was attacked okay. That is not the heart and soul of the pentagon. Right. Gerri this not where generals share their darkest secrets. Doug is right. We were being mocked this is one of the fruits of Obamas National Security policy were not taken seriously by our friend and our enemies. Those are both very bad things. Gerri so one of the points that was made by our own ed henry doug, today at the press conference, why the president didnt show up, why didnt he go to paris, everybody else did . Ed said, you managed to make it to mandelas funeral. Only three days to get there. That to me seems like a fair point, do you agree . Of course it is a fair point. The president could have been in france if he wanted to be. The security challenges facing the israeli Prime MinisterBenjamin Netanyahu are at least the equal if not more substantial than those facing our president but this is a larger issue that is security. This is standing up for american values, when we were under assault. Gerri i couldnt agree more. They said theyre coming to the u. S. Gerri. I believe them. Gerri i do too. I dont think there is any doubt. I want to play sound from eric holder over the weekend. And what is amazing to me, is he still talking about this in a way we did 10 years ago. Listen to eric holder. The president has announced that on february the 18th we will host a summit in washington d. C. I announced that at the meeting so that we can come up with a way which we can deal with the root causes of this encounting violent extreme ill. Deal with the root cause what is it is that attracts these young men to these really negative idealogical groups. Gerri root causes. What is that liberal, you know, speak for . All poverty. What they dont want to say, and why theyre saying violent extreme i havism they dont want to say islamic extremism. Gerri why not . They have a allergy to it. President of france is more at forthright were at war with radical islam than an American Administration is. I love the shows of unity and solidarity we saw in that march but much more important to be honest and truthful about the immigration problem europe has about the problem that islam mass and about the need to actually show these images. Would you ever thought rich, the president of egypt, general assisi would be more compelling than our own president . I didnt. He is actually now someone who deserves a Nobel Peace Prize because the president of egypt is very likely to face serious threat of assassination for saying the obvious truth that islam needs reform. Gerri over the holidays he came out, it didnt get a lot of attention. Almost none. Gerri or play in it country. Suddenly people started paying attention. There are calls everywhere that i can think of for the Islamic Community to come together, socalled, good islam ives and say, we dont agree with this. This is wrong. Terrorism is bad. He did just that. And a stronger voice than our very own president , doug. Absolutely. Gerri thanks for coming. Thank you very much. Appreciate it. Great conversation. Thanks, gerri. Gerri we want to know what you think. Here is our question tonight. Should president obama attended the paris rally . Go on gerriwillis. Com. Vote on the righthand side of the screen and i will show you the results at the end of tonights show. We have a lack of leadership on terrorism right . A lock lack of leadership on oil. The cartel wages war on u. S. Drillers pumping more oil into the market despite the supply glut and lackluster demand as American Drilling jobs get the axe, isnt it about time this administration puts pressure back on opec . Were asking Heritage Foundation economy nick loris. Welcome back to the show. I dont think a lot of people look at the story this way. They see low gas prices, low oil prices as a boon to consumers but what is really going on in the background here, opec is going along with the Price Reductions and theyre not with holding supply. As a result oil continuing to plummet lower. Do they have the upper hand here . They do, largely because their production costs are lower in saudi arabia than they are in the United States, because fracking in someplaces of the country is expensive but also because we face high regulatory costs from drilling in the United States too. So they have the upper hand where they can continue to put downward pressure on prices, continue to supply us output in the hopes well scale back our investments here in the u. S. Gerri what should the administration be doing . Seems like there is no response at all from the administration to this. Theyre willing to sit on their hand. Well i dont think is is the role of federal government to tell opec to stop their production. I think that is a market decision but we should be stronger about our Energy Policy and show, hey were not backing down either. We can do things like approve the keystone xl pipeline or lift a ban on crude oil exports to supply american oil to some european markets where the middle east is taking advantage of. So there are plenty ever policy responses to show that the u. S. Is serious about its Energy Supply and job creation. Gerri Everybody Knows that the president is not going to support keystone. He already on the record saying that. Only thing he wants to support a nontraditional Energy Sources here. And at the end of the day he is hurting me and you and every other american. And also people who work for Oil Companies. At end of the day what would america do here . What would be the right thing to do to show that were knot cowed by opec and we want to run our ownership and be Energy Independent . Well, i think a big part of it is lifting the ban on crude oil exports. You will have a lot of these Oil Companies shutting in wells because the price is too low where were preventing them from expanding opportunities to other markets. And when we have an open market full of competition, that is when our Energy Producers are going to take advantage of them, sell their oil overseas and create more jobs here in the United States. So its a winwin and it would show that were not kowtowing to opec. That were serious about our own energy production. Gerri you know what is interesting . It seems to me the oil industry these today. They have two enemies, right . They have the government and they have opec. Seems to me like the government should assist that industry and behind that industry that is so important to our nations competitiveness. Yeah. And the lack of leadership when it comes to the Obama Administration and energy is nothing new. Especially when it comes to oil and gas sector. They failed to open up federal land. They have filed on more and more regulations. They failed to open up exports to opportunities there. They failed to approve keystone. So it has been one thing after another. And the oil and gas industry and American Energy has really thrived in spite of the Obama Administration. Certainly not because of it. Gerri weve got layoffs even today. Shell in canada, laying off folks. Lots to come. Nick, thanks for coming on the show tonight. Thank you. Gerri and still a lot more to come this hour including why the ceo of the nasdaq is pleading with the Federal Reserve to keep Interest Rates near zero. Were heading to detroit where flashy muscle cars are making a big splash at the north American Auto show. Let us know what you think. Tweet me gerriwillisfbn. Send us an email to the gerriwillis. Com website. Well be right back. These ally bank ira cds really do sound like a sure thing but im a bit skeptical of sure things. Whys that . Look what daddys got. Ahhhhhhhhhh growth you can count on from the bank where no branches equals great rates. Gerri the Detroit Auto Show kicks off today. There is new optimism about sales. Driving the surge, better economy and one of the biggest makeovers Auto Industry has seen in years. Over 100 completely redesigned autos and trucks hitting showroom floors. Many unveiled today in the motor city today. With us the car coach lauren fix. Lauren . Yeah lots of excitement here. Gerri tell me what are the big trends. Funny when you look what won car and truck of the year for mortgage america it was vw golf which included diesel lineup and fuel injected and performance mod definitely on the truck side it was the f150 aluminum. The trend when you look at those winning vehicles is diesel performance. Still looking at electric, electrification which is electric cars which is only 2. 3 of the sales of Auto Industry and looking lightweight materials which give better fuel economist. Hey, were all fighting c. A. F. E. Standards here. Were trying to come with better technology. The result is better cars. Gerri i got to tell you though, the vw golf, are you kidding me . Why is that such a big car . It is really nice though. Gerri tell me. The whole lineup. Youre looking at the vw golf is not just diesel, fuel injected and of course the performance model. It is completely new all inside and out. It was designed for the u. S. Roadways. When youre looking at a german car you can get at very reasonable price starting around 20,000, that anybody can purchase that makes it a very good choice. The choice of performance you want. Is it fuel economy . Is it Long Distance like in diesel where you still have performance . Or do you want fti which is a blast to drive. Gerri i love. That talk about diesel for a second because for a long time americans have not liked diesel. Okay. Gerri but now it is being really promoted this this country. Why . Well it is becoming, one of the options instead of electrification. People dont want to be at the time they ared to a cord like you are tethered like you are with cell phone or dont like hybrid because of towing capacity. Millenials dont have preconceived notions. My generation and older talking about the vehicles that make noise with black smoke. Gerri very very smelly. But that is that is from the 70s. Forget that. Today were talking about vehicles with really, i have a diesel vehicle. I have a diesel suv im totally in love wit. My lease is coming due and buying another one. I am that much in love. Were looking jaguar and land rover, bringing in diesel for pretty much the whole lineup. They want to fight the germans so theyre coming after them. I want to you can talk about the ford f150. It has been hugely popular. Now made out of aluminum s that going over . How are people responding . When you look at voting scores on the north american car and truck of the year website, most of the journalists voted for it because of the fact youre getting not just a truck with utility but where they took away the weight by using aluminum gave it back to the consumer in towing capacity and performance. Looking at a vehicle actually toes more than the competition plus they gave massaging heats heated and cooled seats. Got utility in the truck. Im telling you, i have an f150 truck that is older. Im telling you this is so much better. Leaps and bounds better. Better towing capacity and performance. Thats why that vehicle won. Gerri lauren i know youre in heaven in detroit at the show. Thanks for coming on the show. Thanks for having me, gerri. Gerri all right the italian auto brand, you know this, alfa romeo, hot cars making its return to the u. S. It is debuting its 4c spider at the Detroit Auto Show. Fox businesss jeff flock is with richard cox director of alfa romeo north america with jeff. Jeff . I saved best for last. We fire it up, and see it moved to the spot on the show floor. How much is that, richard. We havent announced pricing of 4c but the coupe goes from 55 to 70,000. Theyre moving it now. Theyre moving it into position for tomorrow. Press days for tomorrow. If he hits gas instead of brake, that is 0 to 60 in what . 4. 1 second. Mid engain carbon fiber chassis. This is alpha return to the u. S. Market. This is the coup version. Convertible essentially version. That went up there. The lower one is the coupe right . That is the 4c coupe. That started hitting dealers in november of last year. Theyre about to to disassemble this, gerri. I want to show you the one on top. What is that . That is a 191 67 1967, one of 33 cars. This is 1500pound car. 238horsepower engine. V6 manuel, 1 off miles an hour speed. Sells for . In excess of 10 million. Alpha has a rich history of racing vehicles. That is racing vehicle also. Yes. That one is 1932 p3 that one won a number of races. Basically every single world grand bring between 1932 and 1935. This one 132 top speed in 32. Alpha is back in a big way. Pretty sexy stuff gerri. Gerri you answered my question, yes they do come in red. I appreciate that. Well be right back. Baby they do. 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