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tv   MONEY With Melissa Francis  FOX Business  September 3, 2013 5:00pm-6:01pm EDT

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their cars. locals call it the building, the walk can i scorching. liz: cooking eggs with the heat. thanks so much for joining us. its september. we'll see you tomorrow. "money" with france france is next. melissa: i'm melissa francis and here's what's "money" tonight. we're getting developments on the syrian crisis practically by the minute. are strikes against the assad regime a done deal with congress? of course we have the latest on that one. it is the hottest, most exclusive trend in free education. does if not only give taxpayers more bang for the buck but it might solve the country's job crisis. we'll sew why no parent can afford to miss this. ultimate pay back to telemarketers, one man figured out how they pay him every time they call it is pure genius. he is here to tell us all about it. he wasn't making money today. he was busy losing more than
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half a billion dollars. it is mind-boggling. stay tuned to find out who is. even when they say it is not you always know it is about money. melissa: syria in the news and developments on the situation as our lawmakers gather on capitol hill to weigh the pros and cons about a u.s.-led attack. fox news's leland vittert on the ground in the middle east with the very latest. leland, what is happening there today? >> melissa, we may not have a real war yet but we have a war of words and the syrian civil war still waging on. president assad said in the an interview that the middle east is a powder keg and said that regional war was a possibility if he was attacked. of course he has the ability to do that. scud missiles there inside syria, capable of hitting israel. also capable of hitting turkey to the north which is a nato
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ally. meantime on the ground in syria, we continue to hear president assad is trying to move his forces, specifically the air force, helicopters, missile bases those kinds of things out away from areas of the u.s. could target and trying to keep those assets on the move to complicate things for u.s. military planners. on the other side, there is also continuing to push hard against the rebels in the syrian civil war. wants to make as much headway as he can through the summer offensive before any type of us air strikes degrade his ability to continue the war going forward. meantime israel kept its iron dome missile defense system on high alert. it said it is ready for any contingency plan especially for any type of missiles coming into the country either from syria or from iran. interesting news this morning. the israelis launch ad missile test from deep in the mediterranean, launch ad missile from a fighter jet towards israel, simulating a ballistic missile attack, the same kind of
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missile attack that would come from syria or iran. they said it was a long-planned test. clearly sending a message to those around the region they are ready and on high alert. an interesting sort of note to keep in mind here in terms of the world superpower stage this is playing out in, a proxy between the united states and russia. while the united states still firmly supports israel, vows to protect it, russia is still firmly behind president assad and his regime. the very first warnings we got about that first israeli missile test actually came from russian air defense radar operating inside syria, the very same radar that would be tasked with picking up any kind of attack by the united states on syria. melissa. melissa: leland, that thanks so much. >> the world is watching not just to see what we decide but watching to see how we make it decision. whether in a dangerous world
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that we can still make our government speak with one voice, they want to know if america will rise to this moment and make a difference. melissa: so the debate whether or not we should or will retaliate against syria is raging in washington. today both secretary of state john kerry and defense secretary chuck hagel tried to sway the senate foreign relations committee on airstrikes. there's obviously no easy answers. so we brought together both sides to lay out the case both for and against an attack on syria. joining me now, dr. zudi jasser, author of, the battle for the soul of islam. and we have a counterterrorism middle east expert. thanks to both of you. i will let you go first. you've been very passionate on this show and i know you have family on the ground in syria. what is the case for the u.s. going in. >> the case for the u.s. going in, melissa, the fact that 29 months have shown what the case
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for not going in does. it empowers carpet bombing of neighborhoods of syria. emboldens the proxy war for iran. two weeks ago, iran has 1,000 new centrifuges that it is spinning. a family that fought the regime for 50 years. you don't fight arab thugs by appeasement. you fight them with containment and by force. we can do this right. we've been asleep and finally the president is waking up. i don't think an answer to the fact we're waking up as well as it is too late. we might let syria devolve. melissa, if it devolves, next is israel, next is regional interests and inaction is really the worst option. melissa: lisa, what is your response to that. >> i agree with so many things zudi is saying in terms of what is going on the ground in terms of syria. in last 29 months showing us why we haven't gone in and showing us why we should still not go in. the use of chemical weapons it is punishable.
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it is an awful thing and costs many lives. should we cause the public niihement to be upon us and our interests? the syrian people are fighting their regime. maybe this regime should be removed and maybe she should be punished but should we remove them at the cost of replacing them with al qaeda? didn't we learn the lesson with arab spring and muslim brotherhood taking over? embold manement of air rain regime, why would they not retaliate more and become reinvigorred to retaliate against us. they said they would retaliate against us. melissa: zudi? >> lisa you're giving far left argument. it is a post-american world. we have become impotent. negotiations at terrorists put us at our niece and let the vacs couple in the middle east get filled by saudi arabia, qatar and iran and hezbollah's hoe gem any in the region. to characterize the majority of
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syrian up rise something being al qaeda is bad intelligence and flat-out wrong. >> you're misunderstanding -- melissa: let him finish. then you can go. all right, zudi. >> certainly al news raw front is a major threat and majority of syrians are not al qaeda. these are moderate muslims and christians and aloe weitz and others trying to get their voices heard and have been demolishinged by two voices destroying the country. melissa: lisa, go ahead. >> it would be a beautiful world if those syrian genuine opposition members had their voices heard around actually running the opposition forces on the ground. these are, a majority of al qaeda and other extremist groups. you know that as well as i do. i really respect your opinions and those of your family members but my, what i'm saying and you're i think misunderstanding me. i'm saying this is not a solution that will answer the needs of the syrian people and the u.s. and our interests and ally israel. i'm saying this is a bad
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solution. i'm not saying there should be no solution. i'm saying targeted strikes, imagine they came to us, syrian regime or whatever regime will only have limited and targeted strikes on pent gone, that's all. is that -- melissa: let me ask you, this is one of the main problems. kt mcfarland was talking about this earlier. if our goal is to go in and take out their chemical weapons or, you know, to make them so they're not usable in the future or get them away from them so they're not then shared throughout the middle east with other regimes also not our friends, how do we do that? that seems like a really tough task. >> well, there's no doubt we have strategic interests on the ground but this can be done without boots on the ground through our intelligence connections. there are in the south especially non-islammist groups we're working wees specially in the free syria army and we can mobilize. by the way if we're going to protect them the best way to do it is through engagement, through military strikes against the airfields, runways, against military assets. if we're not involved i think
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those chemical depots will prove to be mobilized, weaponnized and be more at risk. i would defy any military strategist to tell me it is less safe for us being involved versus trying to put an end to this. melissa: zudi, you make a great case. i will let lisa make the last point real quick before we go. go ahead, lisa. >> when the president and secretary kerry says this is not about regime change and not about boosts on the ground, this is only targeted strikes. this is not a long-lasting solution to the syrian problem. what will happen hours, days, years even after the strikes? this is not a solution for the syrian people. we have two million people leaving. there will be more refugees leaving. this will not be a secure and stable place to live. in a perfect world we were able to do that then these strikes would be the right answer. unfortunately this won't be the way to do it. melissa: you both make compelling arguments for both sides. that is why this is such a hard problem and decision. thanks for both of you coming on. we appreciate. >> thanks, melissa. melissa: next on "money," can we
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even afford to strike mill syria? the military and economic costs are serious and staggering. two top experts are here to break down the real price of this crisis and the delay by the way in a way you haven't yet heard. more "money" coming up. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that:
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melissa: so as we've been telling you a strike on syria could be imminent. can we even afford it? for all the rhetoric do you really think you know what it will cost us? not just the dollars for military attack but the economic costs? maybe more importantly what we're literally paying right now cooling our heels in the mediterranean talking about what we will do. since we can't do anything without money we have to know the price tag. here to explain it chris farmer, and jack mack tire, brandywine global investments. chris, let me start with you. a lot of people. there are some things to consider. maybe they haven't thought about an idea, as we move assets to the region they are burning fuel and all kinds of things. there is a cost to even this standing on the sidelines right now, r melissa, thanks for havig
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me. yes, there is a cost to staying on the sidelines. fortunately for us the ways u.s. military works, especially the navy, most of it is a sunk cost. in other words, four of five destroyers currently deployed to the mediterranean were already scheduled to be on deployment. it is not costing that much more to keep the fifth destroy other on deployment. marginal cost continuing to wait is not that much from a dollars and cents perspective. from a strategic perspective it is incredibly costly we're giving assad time to position himself for the strike which appears inevitable. one specific this point, by waiting this long, the russian navy was able to deploy to the mediterranean. they're keeping close tabs on what the u.s. navy is doing and transmitting information directly to assad. regardless of the arguments forfor our against intervention, once you decided to intervene, waiting to intervene is the worst thing to do about it. it gives enemies time to prepare and decreases your effectiveness.
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melissa: that is great point i haven't heard anywhere else by the russian navy. back in july, chairman of the joint chiefs, martin dempsey he believes the cost of this would be a about a billion dollars a month and went in and did a limited attack. does that number sound right to you a billion a month? >> it certainly could be. i just think if you have to take it up to a different level and just implications for economy. if things don't go that well in syria, right now we're assuming it will be sort after clean military operation. melissa: right. >> but if it doesn't we'll see higher energy prices and that is clearly going to have a drag on the u.s. economy. that is just starting to show some signs of improvement. that will be a much larger cost that will be harder to quantify. melissa: jack, do you think that's short term? is that, we see traders react quickly, you know whether the market goes down and oil goes up. they recover from it relatively quickly. do you think this would be a quick thing or prolonged damage? >> well, that's, see that's the great unknown. i mean, again i'm not a military
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expert but i think the market at some level thinks this will be kind of similar what happened in libya where again it was kind of a clean, for the most part, orderly event but i think this is too distinct. we have, syria has strong relations with russia and iran. that takes us up to a whole another level of uncertainty. that's out there and so, again i just think there's costs that are going to be a little bit more difficult to quantify given this operation. melissa: jack make asterisk point that a lot of people have said, we don't know how long this is going to drag out and the timing of that really does mean a lot for both our costs of going in and the damage that it could do to the economy especially through the price of oil. what are the odds that this is quick in your mind as an expert and what are the odds it is really drawn out? >> there is no odds here this is a quick operation. we can make a surgical strike but if we do a surgical strikes that has got a limited engagement to it we're not
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consequentially affecting the arc of the conflict. this poses long-term strategic impact to our interests. i agree with jack with respect there is no good option here. there are bad options, there are worse options and there are horrible options. if you think the cost of acting in syria is expensive consider the cost of hezbollah and al qaeda with that 1,000 tons of chemical warheads that assad has stockpiled. that is the worst, most expensive option for us. >> right. melissa: jack, what are you doing to protect yourself? we saw people pour into the market this morning when they thought we were sitting on the sidelines. as soon as you saw politicians come out and nancy pelosi stand in front of the microphone say looks like we were going to do this thing or sounded like that the market took away gains. we had best day in more than a month and it disappeared. so what are you doing? >> there will be a lot of event risk in sent and syria is clearly a significant event risk. we've got things related to the fed this month as well. i want to be in things that are good store of value in this type
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of environment and that kind of leads me to the u.s. dollar. that i think, given the things that we've discussed, if things don't unfold the way that we sort of anticipate that, i want to be in something that kind of benefits from a flight to quality. the other thing, which is sort of -- >> the dollar more than gold? >> well, you know, i was going to say gold too but i also wouldn't mind having exposure to u.s. treasurys here. it is a contrarian play. melissa: sure nice because everybody hates fixed income right now but we've seen a big back up in yields. i think there is some compelling value in there. melissa: interesting. great ideas, jack and chris, thanks so much for your expertise. we appreciate. >> thank you. melissa: coming up on "money," as your kids head back to school, are you aware of the newest, most exclusive trend today in free education? you probably think you are but we'll tell you about the school being hailed as a game-changer across the country and why they're the best money that a taxpayer can spend.
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plus, a big upset for the union movement. 40,000 union workers ditching the afl-cio. it may be the worst case of buyers remorse ever and it could take down unions everywhere. we'll explain that one coming up. do you ever have too much money. ♪
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♪ melissa: school is back in session. the hottest most exclusive back to school trend can't be found at office depot. it is stem schools, which are a huge topic for us here on "money." curriculum that focuses on the fields of science, technology, engineering and math that is what stem means.
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jobs in the fields are expected to increase exponentially over other professions and companies are taking notice. motorola solutions, awarding big bucks in grants to support stem education. joining me, paul steinberg, chief technology officer at motorola solution. we have a bu. rucera administrators for stem charter school. welcome to both of you. when you look at the dollars because this show is called "money," we're very focused on the taxpayer dollar, you get less per student in most cases than carter schools. the average $17,500 per student. that is cost to taxpayers, versus 10,000 for public schools. i understand you get more funding because you're in new jersey. in general you're doing more with less taxpayer dollars. how is that possible? >> the funding in new jersey is roughly 85 to 90% of what the public school students received. melissa: less, less. >> that is by statute.
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so it is much less. and they still have, they have all the requirements of the public schools. melissa: so how do you do it? teachers and principals and public schools are always yelling they could do better if they have more money. you have less money and you're doing better. how? >> well, first of all it's a smaller scale which i think is actually helpful economically because it is the smaller scale and there's more focus to the individual student. it is probably a lot easier to manage a small operation. that is currently one school that i will will be expanding hopefully to another three or four. economically, the things they have to do critically, they have to have high attendance and high graduation rates. melissa: yeah. >> if the students, money follows the students. if the school does not perform academically, the students will not come and the school will unfortunately have to close.
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melissa: those are all good things, good things tookeep you in line. paul, you know i so glad you're getting involved from a corporate level. carl camden, ceo of kelly services saying kid are not trained in the right field. we have millions of jobs open because no one is trained for them. ceos have to get involved and sort of tell schools what are the skills that kids need to learn at a young age in order to be ready for employment. but i wonder, you're beholden to shareholders. so how do you measure return? you're very generous with your int in these stem schools. how do you go back and say we've given money to the school. it will result in better educated kids that are better able to enter workforce to work for motorola later? how do you that? >> motorola, is the which help people be the best through technology. technology is our lifeblood. having a ready supply of bright, creative engineers coming into the company to create the technologies that is how we're measure by delighting our
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customers and help them to be the very best. if we do that we'll be assured of return on that investment. melissa: when you look at a school, are there stats you use to make sure you are doing the best for your money? do you find principles with this, like in the school? what do you do? >> we typically over the last six years invested over $34 million in what we call innovation grants. this year-to-date we're at 4.4 million. we look at schools big on stem. obviously trying to do amazing things with science and technology. this year in particular we've earmarked about 11% of our endowment toward specifically toward young ladies. we're trying to make sure we're serving all the areas we need to grow and properly earmarking those fund. melissa: interesting. bruce, when we look at where the job growth will be in the future because that is what i think parents are concerned about, investing in education in a way that their kids will eventually see a return on that, you know i think we have a chart that shows it here. in all occupations, job growth should be about 14%, maybe if
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we're lucky by the end of 2020. but you look at things like, system software developers, they're looking for 32% increase in jobs there. biomedical engineers, 62% in increase in jobs there. so how do you, with kid at a young age, channel them through your school into these fields in the future? does it matter if your kid has a natural aptitude for science and technology. can you retrain them? how do you do it? >> with metz starts at low grades. metz starts at 6th grade. as you mentioned it is parents that are key. the children will have the ability, they will have a natural ability. they sometimes will get lost in a big, large, public school district. melissa: yes, they will. >> as with the mets charter school, being it is small, student population in total is around 480 students, they will have the interest and because it is small, once again, the
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students get a lot of individual attention. their strengths are identified. the weaknesses are found out and, the, there's a, curriculum will strengthen them. melissa: yeah. >> and they will succeed. once again as i mentioned from a financial perspective, the school has to be successful because if it isn't -- melissa: lose money. >> if parents don't see the return, the parents will switch them over to, back to public school or to a private school or another charter school. melissa: paul, real quick, how important is this to our economy that we get our kids trained in the right area to be our workforce for the future? >> that is a great question, melissa. it is becoming more important every day. look around us at rapidly evolving world and how much technology is steeped in technology, from internet to smartphone, social networking are all innovations an increasingly part of our life. president obama recognized importance of that recently several times even recognizing in the state.
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union address. i can't think of too many platforms more important in an education point of view. melissa: thank you for the work you're doing. thanks for coming on and sharing it. a good back to school story. next on "money," strike this. 40,000 union members quit the afl-cio en masse because of obamacare. will there be any unions left by the time obamacare starts. why this could spell trouble for unions. who lost money today? here's a hint. he is a half billion dollars poorer today. that really hurts. stay tuned for the answer. "piles of money" coming up straight ahead. ♪ ♪
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to a billion initial shares and will use the money to further strengthen the balance sheet. investors are probably not complaining too much. the stock is about 140% this year. i know it's dipping. the afl-cio is losing 40,000 members as the international union does the court. a big blow to a major player in the union world. here to break down what that means and where things are headed, former national labor relations board chair, monica crowley, radio talk-show host and fox news contributor. great to have you both here. let me start with you. this is a statement. president obama ran on a platform that he would not tax medical plans at the 2009 afl-cio convention. not stand for tax on benefits.
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the labor -- later lobbied affiliate's to support a bill the text for health care plan. that was the know. i'm sure it felt good doing this. >> you know, this particular union has a history of being extremely left-wing and very independent. it was founded in the 1930's by a person who was considered by many people a communist. and it was -- expelled because she refused to support the marshall plan. and now he has written this letter that the afl-cio position is too moderate. you know, they have done well on their own for a long time. so i did not know if it is a bad idea. i do think that the purpose of the letter, however of the mullahs to put pressure on the administration to give the union some relief from obamacare. melissa: along those lines, afl-cio president richard trumka was a no supporter and then he
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changed his tune. this isn't to that and i'll be your reaction on the other side. >> the president of the afl-cio, just came off the heels of undecided members on the health care bill. we are going to get health care reform done because of your efforts. this bill is a great step forward. it is going to give us long-term security. the congressional budget office will reduce premiums 14 to 20%. >> we have been working with the administration to find solutions to what i think our inadvertence holes in the act. the act was put together. it was not thought through completely. we worked on a daily basis. melissa: no. >> shocking, is in this? listen, during the last couple of years when they started this whole process, rice, 2009, the number one and number two visitors to the white house to speak to president obama and his team about the overall of health care was richard trumka and the head of the sci you at the time.
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there were the number one and two visitors to the white house. trumka was praising the fact that obama was seeing him all the time at the white house. on record for saying that. the biggest cheerleaders for obamacare for socialized medicine chests. now when the realities are coming down the pipe that the plans are going to be taxed. these satellite plants. there will be taxed more, losing benefits to be bad that the reality, all of us to a warning about somebody, now of a sudden they want to be exempted. major unions have already gotten the exempted from obamacare. they want even more exemptions. the longshoremen have always been left-wing. the reason that they are bolting for the afl-cio is because they think obamacare does not go far enough. the one single payer. melissa: all this noise that we are seeing on all sides, does it result in and getting the exemption that thereafter? >> i suspect that it will. i -- i don't know how the president is going to do all that they want to do.
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if they want to change the definition of who is an employer, lewis qualified, someone -- who is qualified, someone who hires 50 people working 30 hours a week. i don't know how that change can be done by the president will but i suspect that he will try to, for example, give the unions subsidies for the union health care plans which, as monica points out, are generous, but that is one of the ways in which organized labor attracts members. very healthy health care programs. seven -- melissa: aren't a stronger than ever? the union looks like they lost, but they are better than ever because they get the exemption. >> temporarily. we have seen over the last five decades or so is a dwindling. to underline personnel, dwindling of the. this democratic candidates to get exactly this kind of thing.
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♪ melissa: it is that time of year again, it is heading back to school. many stay at home parents are facing the new challenge of trying to back into the work force. it is a daunting time. unemployment is high, but families need money more than ever. al in the world you know your words? here on how to take the plunge after being at home, president and ceo. welcome to the show. let's get right to it because we want to give people tips were trying to do this. first of all, used to be
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up-front and honest about resonate gaps. why is that important? >> so often what people try to do is make up for their insecurities of having been a stay at home parent and try to say that maybe they were working a little bit, a year or two longer than they actually were when they had kids are say that they dabbled in things while they were at home, but there really were not and are embellishing. people check references. with linkedin in the internet is so easy to find out, verify or non verify that someone was doing something. it is important to be candid, open, and honest. melissa: use a used family connections which is really smart there are people who know you. you also say be open about career exploration. what does that mean? you may not be able to get tips -- get the job at the you had before? >> we are seeing with these unemployment numbers and people trying to get jobs to have been unemployed for a long time is the same with back toward parents. the skills the you had or have
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made at be as applicable in today's economy as they were four, five, six, maybe even some years ago. what you have to do is be open. maybe you end up going into a customer service department. if you were an administrative assistant and also did bookkeeping him retried doing accounting work. it is trying to expand your abilities and knowledge to leverage for as much money as you can get. melissa: where are they good jobs for someone trying to get back to work? >> number one, there are good jobs everywhere contrary to what you're hearing. opportunities -- if you're flexible for work there really are opportunities. it might be a caal center, hospital, health care, manufacture or distribution facility, procurement. might be in exactly what you're doing, but if you're flexible the key is you can't think you're going to be worth your contemporaries are who have been working for the last five years. you have to take a step back to take five steps forward. melissa: ellis is going to get to that.
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losing your ego. maybe you won't learn what you think your work the first. how you evaluate that. had you know what you're worth and not take a crummy salary because you are so desperate for a job? >> well, the definition in playing on your words a little bit is that one is crummy. with someone is willing to pay you should first and foremost be taken as flattery. you are worth paying something. so be appreciated of that. number two, if you were making $120,000 per year in you have been out of work, out of the game for six, 78 years and did not have the technology presence of a lot of other people have, i heard you talking about the stock price of linkedin, it was not around a years ago. facebook. technology has changed. even if you're in sales, your rolodex is changed. fifty, 70, 80 percent pay cuts. melissa: just to get started. you're fantastic. would you come back and give us
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tips another time? >> absolutely. thank you for having me on. melissa: all right. thank you. >> this is the best book ever. you have to buy it. buy it. buy it. [laughter] melissa: that was my son. very steadily endorsing the book friday the fraud caster by fox news meteorologist. i swear, i did not put him up to that at all. but i love. it is not just a new kids' book but an educational tool that can be used in school which is a new twist in the business of marketing of children's book. a great strategy, especially if you not have my son pushing its view on national tv. the weather machine. >> where is the? very interesting. i have a great idea for a children's book.
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they're so simple, so easy. a great way to make money. when you go out and actually try to sell your id it is impossible. >> i've had people in the last doubleday's and say, i have a great idea. you have read hundreds of hundreds of books your children. i like this, but can be better. for me at to "no. for years of bad people, to me and say to my son and daughter loves the weather. can you recommend a book to me that explains weather. there really was not a lot out there. maybe books that were a little more scientific, very, very simplified. five to eight is the age group. kids and then that. there was something needed. melissa: part of your strategy is rather than trying to sell to paris you're trying gaea's
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schools. you have terms of the end. very cute story, but also scientific terms and along glossary at the end. how important is getting your butt can do is cool? >> the stem, those will be the jobs that our kids will need in the future. one to tap into that. science, math, thermodynamics going to meteorology. i use real terms that neurologists use chemical fraud, low front, high-pressure, low pressure. if they want to leap into more terms, they can do that. that will be very attractive to schools to use whether as part of their curriculum. melissa: mike case teachers have seen and love it. my son wants to know the interesting facts. they have more value. it's a teaching tool. congratulations. i know it has been a huge hit.
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doing great on amazon. kind of a big mouth. in a positive way. there you go. next on "money," we all hate telemarketers. one man has come up with a brilliant scheme to charge them, charging them every time that they call him. don't move. you won't believe this. he explains it all in "spare change." you can never have too much "money" were too many genius ideas. ♪ the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you
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melissa: now it's time for little post holiday fun. as soon as i heard this i knew we had to have the sky and the show. he has found an ingenious way to make money off of all of those annoying telemarketing calls. he set up the equivalent of a 900 number so that when people call him they have to pay him. this is the number he now gives out every company a business that asks them for contact information online. joining me now on the phone to tell us about is absolutely brilliant idea. lee belmont. how much money have you made so far? >> just over a year-and-a-half, 300. of $425 your money. melissa: what gave you this idea? >> i was getting really annoyed with the phone calls. in the uk we get them every
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single day. and about the u.k. version of a 900 number and it was as simple as that. melissa: do you have to attract a certain amount of calls in order for this to make money? a lot of the tweets said, hey, it will end up costing you more money because you have to pay for the line. to you have to do a lot to try and get the calls ending dates people? >> that is the thing. 10 pounds u.k. money. $18 your money. no monthly fees, no user fees, not meant -- no minimum calls. melissa: see you go online and sign up for any offer out there? once you get people on the phone, i read that you kind of try to keep them on the line because you know you're making money.
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>> you're allowed to keep them on the phone indefinitely. three-year four times. melissa: and you go online and try and sign up for a lot of different things? and how do you know what would attract calls? >> if i find a website, all collected. they ask for my home number, but my premium. they have to call me. melissa: that is amazing. as a you have followers on twitter. other people interested in this? what is the reaction like? >> it came out about five days ago in the u.k., and its massive, literally all over. the for s -- first u.s. media interview i have done. massive, massive. during french tomorrow as well. melissa: that is amazing. we love you because it is a genius idea to make money, and you may also finally be the one
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he teaches telemarketers a lesson. we have so many do not call lists, and it seems like nothing works. maybe you actually charging them will do it. thank you for joining me. i wonder what we paid for that phone call. we will have to check that. up next, who lost "money" today? you just saw more than half a billion dollars go up in smoke. the answer right after this. you can never have too much "money." how much did that interview just cost? how long was it? we better figure it out. ♪ at od, whatever business you're in, that's the business we're in. with premium serviceike one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business.
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♪ melissa: whether it's on wall street or main street, here's to made "money" today. naturally, this is one of those days where we have to start with two is losing money.
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microsoft is buying nokia of mobile phone unit and patent for over $7 billion in bringing aboard the nokia ceo, a former microsoft investors. stocks slid about one and a half%. ballmer owns about 332 million shares of microsoft. can you imagine? that means the loss $506 million today. that has to heard no matter how much "money" you have, but that dealmaking both loads of money for everyone who owns nokia. stopped by the likes of apple and samsung in recent years. the days of suffering may finally be over. news sent the stock skyrocketing more than 31%. nice. moving on up, yahoo ceo reportedly bought a $30 million mansion in san francisco. six beds, five bathrooms, couple, a 3,000 bottle wine
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cellar, a view of san francisco bay and learn new neighbors, a spacious home. very nice. that's all we've got. i hope you made "money" today. we will see right back here tomorrow. "the willis report" is next. gerri: hello, everybody. tonight on "the willis report" microsoft tries to make it big in mobile by buying that phone business of nokia. we will break down what that means for consumers and the competition. president obama's new plan to cut college costs. is it just a cop out? what does it mean for our kids? and with less than a month to a critical obamacare deadline, among the law's biggest cheerleaders. we are watching out for you tonight on "the willis report". ♪


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