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tv   The Willis Report  FOX Business  May 19, 2014 5:00pm-6:01pm EDT

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$100 million. david: there will be a lot could have competition whether nyse or nasdaq. we'll follow it throughout the evening here on fbn. liz tomorrow exclusive interthrew with bill dudley. gerri: i'm gerri willis, right now on the wills report. how do you get a job at google or facebook or twitter? you're shopping all wrong. why some of us missing out on great deals by not using this simple trick. and meet the brainy bunch, the family with seven kids in college by age 12. they tell us how they did it. you can to. we're watching out for you on "the willis report." gerri: outrage escalating as more whistle-blowers in the veterans affairs scandal. reports of secret waiting lists, treatment delays and as many as
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40 deaths spurring calls to action and calls for the president to take a stand. so where is president obama? well, today, he sent his presstek zare jay carney to speak on his before. >> you keep saying and denis mcdonough is saying he is mad as hell. where he is? >> ed, i'm sure you will hear something at some point on this issue soon. gerri: while the president stalls, our nation's heroes hang in the balance. we have the executive director for the american legion who joins me now on what needs to be done. thanks for being on the show. great to have you here. what does it say about the white house and the administration's view on this if they won't send the president out to talk about this publicly? i know your organization has asked for the president to speak? >> well, gerri, you know the american legion has also asked for secretary shinseki to get out in front of this. we called for him to separate
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town -- step down and he we're a leadership organization and we want somebody to stand up and take responsibility and say i'm here to protect you. >> seems like the administration had ever option of showing leadership way back in the beginning of 2008 when the reins of power were handed over to president obama. "the washington times" now reporting they were told about this scandal, about the problems of scheduling. what does it tell you about the president and his seriousness about protecting vets that nothing happened? >> well, you know the president did hear about it in his transition report in 2008 and again in 2010, when secretary shinseki received a report from his undersecretary about gaming system. there is break down in leadership on department of veterans affairs. the american legion called for accountability. it is knot with health care weights, or with records but
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construction and variety of different issues. we want to absolutely see the administration take charge. gerri: people say money could fix the problem. we need more money for vets. is that the answer? >> money is not the question with the department. each year the administration asks congress for a specific amount of money and each year congress actually increased that amount of money that they have given to the department of veterans affairs but if the va has hidden wait lists, that congress knows nothing about, congress has no idea that additional money is needed to get people off the wait lists. by hiding the problem you're exacerbating the problem. gerri: interesting i'm sure if true. big story of the day. we had at love news breaking over the weekend saying that the va settled with families that had been on the wait list for problems with the health care of those folks, tens of millions of dollars. is this any way to solve that problem? >> no. and we're just now hear about that as well. so, we don't really know what happened in those instances but
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if the va is paying families to keep them quiet, that is the not answer either we need to get the problem out on the table f it's a capacity issue the va need to come clean and let us know. the american legion has been a long-standing partner with the department of veteran affairs. we were around in 1930 to get them as an administration to begin with and then 50 years later when, they were elevated to a cabinet level, we have a vested interest in seeing this department succeed and we're not going to stop until it is run correctly. gerri: i have to tell you, we all have a vested interest in making sure our vets are taken care of. when our heroes suffer i think the entire country suffers. we heard really awful tale this morning on fox news about how much they are suffering. i want you to listen in as a va psychologist talks about how steep, how deep, how awful these problems really are. listen to this. >> i write the order. we returned to clinic, 10 days,
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two week tops. i check to look for my patient and he is getting booked three weeks, four weeks, got to be months to see these guys on a second visit. >> how many of your patients committed suicide waiting to come off the waiting list? >> i was there briefly now, less than two years. there were two. gerri: two suicides in two years. what kind of stress, what kind of anxiety is this problem with coverage, problem with care causing in the veterans community? >> you know it's huge and one of the ironic things that by and large our veterans tell us once they get into the va system, they love their doctors. they love their care team. their health care team much it is getting through the bureaucracy and administration and getting into the system to begin with to get to that doctor. we completely support the department of veterans affairs. we support the health care teams. we love the health care that veterans are getting by and large but again it is breaking through that systemic failure of
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leadership and getting the administration to make sure that these veterans are well-taken care of in a timely manner. gerri: lewis, thanks nor coming on with us tonight. >> thank you for having me, gerri. gerri: to the other top i can, colleges and students trying to get jobs. here's what they see. you've got your cap, got your gown. now all you need is a job. while you're at it, why not make it a really cool one like going get, facebook or twitter? to help us crack the code on getting a job at one of these 21st century icons, glass door.com in san francisco. great to have you, scott. >> thanks, gerri. gerri: totally different world on the west coast with different companies. they're looking forings. what are the critical things they're looking for in new employees? >> for new employees there are a few things absolutely hot. if you have these skills you will get noticed. mobile, if you have skills coming out of college or even early on or anywhere in your
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career really and you can do mobile design, mobile engineering, mobile product management, you will get noticed. data science is a buzzword right now, definitely getting hired. also user experience designers. so if you can be a little artistic, make things look pretty online to make it easy for the user -- gerri: what is user experience designer? like you're a graphic artist, or what? >> sort of. in this simplest form, this is the person who makes sure if you're user of a website or app you know which buttons to press and you can navigate through it and smoothly and very easy. gerri: you have the importance of linkedin and you say that it is too late by the time you graduate to join. how should graduates, soon to be graduates be using linkedin? >> it is never too late. and linkedin is one great tool. there are some social media tools out there. this is basically one of them.
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completing a profile on them or profile on twitter or social jobs forum you use or even a q&a forum what you're doing is putting who you are out there and this is beyond just the classes you're taking, the clubs you're in. to get noticed at these companies you need to show engaging in conversations, making suggestions on the product at hand, even providing links to your own blog, an app or website you're building. at these companies they're looking for way above just the classes or the regular experience. gerri: so, do you need to go out and mop up anything on the web that is there? maybe pictures of yourself at undergraduate parties? >> you do. gerri: these companies probably pay more attention than anybody else. >> so you're right. these companies, their recruiters are technical recruiters a lot of the tie -- time. they're very technologically savvy. they're perusing all the websites and social channels.
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the pictures of you doing a keg stand or drinking beer or something a little strange, if you want to get hired at one of these companies it is too risky to have it on and remove it. if there is something you don't want your mother to see, think of these companies as the same way. gerri: you had something interest to say about if you have the big degree, mba, law degree, there may be room for you at these companies. how so? >> absolutely. in some of these cases increasingly some a lot of them what's been in the news as of late a lot of free speech online, for example, and the rights and changing landscape in free speech online and commenting and revealing things and so if you have a law degree force, the days of going into your local firm, that's one option but also, go in house to a big tech company and help them smooth out the path and the legal way in the legal system. they get legal challenges all the time. we don't always hear about it, but they do.
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some are winning, some are losing and some are still pending. as far as mbas, they would go to company like goldman sachs. still a great company but mbasare coming into tech companies more and more and leading product management roles. what that means they're being project managers what something will look like, how it will be built and quantify the analytics and success bit and everything has to do with it. gerri: it is funny because a lot of things i learned at mba school just don't apply in the tech world. these days you buy companies that don't even have revenues. forget earnings, that's a totally different thing, some of the companies like pinterest come to market they don't even have sales. >> yeah. >> the rules are different and you tell me, are degrees essential or can you get a job without a degree? >> degrees certainly help. can you get a job without a degree? absolutely. however, you're going to work a little bit harder and you have to put in that added work and also demonstrate it online.
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so all depend how you're marketing yourself. putting yourself out there. who you're networking with with. the interesting thing we find here on the west coast in particular a lot of people work for the big companies they don't have a dream i want to work at facebook i want to work at google. what they have a dream of doing, i want to innovate and create something new the world hasn't seen. i want to push the limits what we know currently exist and they do it on their own and often times these big companies see that and snatch them up very early on. gerri: smart to start your own company with a great idea, then get bought out maybe, right? thanks for coming on. >> thank you. gerri: and now we want to know what you think. here's our question tonight. has your age worked against you in a job hunt? log on to gerriwillis.com. vote on the right-hand side of the screen. i will share results at the end of tonight's show. we have more and more to come this hour including your voice. during the show, during the show we want you to facebook me, tweet me, email me.
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find me at gerri willis nbn or -- gerri willis fbn and i want to hear your comments, what you think about what we're covering. a look into the nation's heartland. the feds say farmland prices are declining. one farmer says it is business as usual on his farm so why the disconnect? ♪. peace of mind is important when you're running a successful business.
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gerri: a downturn coming for the nation's heartland? farmland values notched lower in the first quarter. that is turning point for one of the country's biggest asset booms in last few years. what is the supposed bubble in the farm belt and what does it mean for the nation's farmers? let's talk to john phipps, host of the u.s. farm report. he and his son farm 2,000-acres in central illinois. welcome to the show. what is going on with farmland values? >> it is always a moving averaging target. you remember what the fed reports with survey what bankers think is going on. we don't have very goodies create data points. our colleagues at landowner newsletter mike is continuing to
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report record high land prices. regardless i'm not sure that something really affects us day-to-day. it is like finding out your grandmother's broach is worth more watching antiques road show. gerri: we thought it was important story and decided to put it at top of our show. here is what the fed had to say. illinois, indiana, missouri, values down 6%. that is what you say. you say on basis of banker estimates. kansas and nebraska down 1.4%. iowa and michigan down 1%. i do know there was a huge bubble in farmland prices going on from '09 to 2013. is there a big change there? >> yes. we've seen this though for the last few months. i've been to sales in my own area and it was obvious that enthusiasm simply wasn't there. but the fact doesn't make it a bubble. we saw remarkably strong farmland market for the last 25 years for the most part since the bottom in '87. is this coming to, the fact it
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is not gaining 20% per year and may be losing 1% is hardly, i'm not taking it lightly. that is not my point but if you're never in the business of selling farmland which most farmers aren't, we tend to have a different perspective if it was an asset we were buying and selling. gerri: if you hold on to it your unaffected by the changes. >> right. gerri: seems what you're saying. does it impact families at all? are there families maybe the farm is changing hands, maybe going between generations? is it an issue at that point? >> oddly enough this may help. what many of us had run into, we had modest farms. we found out suddenly because of this run-up, the tripling of land prices in my area, we had an estate planning problem. i was talking to a friend of mine at church. we were talking about this topic. he was saying, you know, if land prices back off 20% i can afford, i can find a way to gift more to my children. suddenly you can solve some estate planning problems. there are some silver linings
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oddly enough buried in this. gerri: well, the estate tax issues is a huge one for farmers and ranchers all over the country and it seems to me that is something congress should act on, not just wait for the market to get better. tell me, are farmland prices are they connected to what you make on soybean and corn or not? >> absolutely. it is one of the prime drivers is income available off that farm. so crop land prices, interestingly enough, i would point out because cattle prices are so strong, range land prices reported out of kansas city fed were up 3%. there are certain types of ground still doing well because the underlying commodity they support are still doing well on prices. gerri: so bright spots out there, depending on what you grow and what you're bringing to market. >> right. gerri: one more question before you go, so if you look into your crystal ball, what do you see coming? >> more of the same quite frankly. i think we preached kind of
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equalibrium. chance we will as farmers back out of the market because reluctant because of income that outside investors come in like they did in the '80s. gerri: wow, that would be interesting. john phipps, thanks for coming on to the show. >> glad to be here. gerri: coming up later in the show, meet the brainy bunch. a couple shares sent seven of seven of their kids to college by age 12. i'm not kidding. serious story. you're doing your shopping all wrong. we answer the question, how do you do that? how to shop the right way and get the most bang for your buck. we're looking out for you and your wallet. ♪. [ laughter
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gerri: did you know hitting the mall is more expensive on some days than others? how to save money by picking your shopping days carefully. the story when we come back.
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gerri: well, if you went shopping over the weekend you may have made a big mistake. here's katy hill of market watch to tell us why. katy, welcome to the show. you say wednesday is the magic day? >> it really is the magic day because retailers, grocers, tend to put out coupon circulars on wednesday. that is sort of the magic day if you're looking for deals. gerri: i like that. you need to know when to shop obviously. >> yes. gerri: what is the best day for coupons? >> wednesday when they release them. sometimes these coupons will go through the weekend. here is the thing, avid couponners go on wednesdays. inventory run out by then. you are competing with people that love coupons. gerri: you want to change what is crittably important day of the weekday and night, why? >> friday nights, saturday nights, are not getting any
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deals. restaurants charge the most. tuesdays are sweet spot. half bottle of wine, kids eat free, that is slowest day. cook at home on saturday, go out on tuesday, switch that around to save a lot of money. gerri: where is the best place to get coupons? >> i like savings.com. retail me not. it will ping you with a coupon, some people don't have time to cut coupons. i totally get that. this app will ping you to let coupons. gerri: i like that idea. embarrassing to walk into a row with envelope full of coupons. >> let me fine the thing for broccoli. i don't want to touch that after it has been in your purse. gerri: what about saving money congressries? >> saving money on groceries. go on wednesday for sure. i like vivado as an app. starts with an f. really good app. simple. connects to local grocery stores. they have a got option. grocery i.q. is another option. gerri: grocery i.q.?have barcod.
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hold it up to the teller person and scan it and you don't have all the paper in your purse. gerri: katy at end of the day we have to rethink when we shop and how we shop to save the most money. >> yes. really easiest thing. depend where you are. easiest thing, wednesday or wednesday evening if you can look to shop then in general. there will be variation between stores. there is no perfect answer to this question but wednesday is a really good bet. saturday not such a booed bet. that's when you have off and easier then. gerri: the problem with shopping on saturdays in my neighborhood there is nothing left on saturdays. >> exactly. gerri: no coupons, don't matter, you're not getting what you want. >> exactly true. there are so many people in the store on saturdays. so it is crowds. it is inventory that is not that great. those are two big things. wins, new stocks come in. there is not that many people. so it is kind of a good bet. gerri: if you think new yorkers are annoying drivers, see them behind a shopping cart. >> you will get your heels
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nipped. >> it is not pretty. thanks for coming in. >> thanks for having me. gerri: clicking on stories for foxbusiness.com, the justice department is charging chinese military officials with espionage. five officials in the chinese military are accused of hacking into u.s. steel, solar and nuclear companies and a labor organization for trade secrets and other info. this is the first time a government charged foreign state employees with hacking. the chinese government calls the charges absurd. stocks start the week off in the green. market getting a boost from technology stocks and small companies recouping some of their recent losses. google is in talk to by twitch, life streaming service for videogamers. variety reports the deal will be all cash and puts the price tag a billion dollars. for google twin would be a potential boost to youtube. "godzilla" taking a bite out of box office, warner brothers an legendary pictures had second biggest debut this year with
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92.3 million. not surprisingly a sequel was announced today. those are the hot stories on foxbusiness.com. later in the show college grads walk off the stage with degrees and huge pile of debt. we'll break down the shocking new numbers. speaking of college grads, this family sent seven kids to college by age 12. the self-titled, brainy bunch spills their secrets next. stay with us. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers.
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like unusual bruising. pradaxa may increase your bleeding risk if you're 75 or older, have a bleeding condition or stomach ulcer, take aspirin, nsaids, orlood thinners... ...or if you have kidney problems, especially if you take certain medicines. tell your doctors about all medicines you take. pradaxa side effects include indigestion, stomach pain, upset, or burning. if you or someone you love has afib not caused by a heart valve problem... ...ask your doctor about reducing the risk of stroke with pradaxa. had. gerri: can you imagine having your kids start college at the age of 12? it seems impossible but one family did it seven times now they have written a book the harding family men did to college ready by age 12. joining me now is mom and dad with a 13 year-old son
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and also roseanna harding. welcome to all the deal. starting with mom and dad, what is your secret? >> there is no secret really but just hard-working and the preparation. but big or kids and believe in them when they tell you they want to do something. look at what it takes when there is a dream they want to pursue. gerri: lisa, you are the iman in charge. [laughter] >> the secret is homeschooling. isn't great vehicle parents can use if they choose to individualize the children's education. gerri: you are in the military because homeschooling make sense otherwise they are in and out of school all. >> i am retired now but yes.
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we've moved to several states of california, texas and now we are retired here in alabama. it does help with you are mobile with homeschooling it fits in perfectly. gerri: you are an architect? were you the youngest ever? the image so far that young dismember of the institute. >> you are 24. but isn't like to go to college when you are 12? >> for our family is normal but it is a lot of mom driving us to class's i remember not having a driver's license is exciting it is all we have ever known so it is hard to compare it to anything else. gerri: because it was normal inside the family tried into
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a classic is is is there a call. software is the major in archeology in history. what is that like to be home schooled? >> it is fun. imf huntington college right now. it is the fed is to be the youngest to be the most popular. [laughter] thirty-seven do the girls pay attention? >> not in the way it you are thinking. [laughter] they think i am cutes. [laughter] gerri: the best place to be. >> talk to us about how you drew your children out and their passion. how do you figure out what they liked it? >> my husband was pulling out the passion while i
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prepare dinner. i was about the day to day logistics'. the visionary is the husband >> i am all about good old-fashioned american pie you can do it come to believe in it, have faith faith, faith a small school play anybody could do it is not genetics just chase after your dream and too many situations hold you back into the you from working on what you want to work on. >> house on debt talks about her father took her seriously when she wanted to be a architect. >> we are in courage to do our best in that note you can do not the best bet your own personal best. gerri: sirena is 23 working at walter reed as a physician. do have trouble people
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taking you seriously so young? >> very good question. i don't think fearful is a word but i do think about that if i would find myself in that situation asking someone to trust me as their doctor. those people have no idea how old i am so it doesn't come up in conversation i am expected to be just as capable as my colleagues i want to be known for my working and not my agent i have that luxury. gerri: also you are young working on teams you have to prove yourself all the time. does this make you thank you have to accomplish more? >> absolutely. that is key. for myself that is why am always looking for the next challenge. going to college at 12 was a head start but it is
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professionally wheeler so hard to start but now i want to build things and create things so it is continuing and learning never stops. it is a way to instill a love for learning. gerri: how did you keep of homeschooling with all the kids? it is difficult with one or two. >> we tried to be very honest and share because of the number of kids we had to figure out a way to get the older kids on autopilot. it was indeed i had to figure out our oldest on to the online class where she could be on her own to bbc the professors on campus because i was pregnant while this was going on. i deal with the day-to-day stuff as soon as she was on autopilot then it was the
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next one and at that age they are very capable and excited about the next up. that would free up my time for the older ones. -- the younger ones. >> and they do teach each other we're all about working together the older ones teaching the young ones >> because of that model hanna was the resident math tutor or another sibling who would edit english papers and that was helpful. gerri: will you holmes will your kids? >> yes. forster with mom and dad is sitting right there. [laughter] think you for coming on you are amazing and inspiration top performers.
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gerri: this is what some if you are posting about the poll question. has your age ever worked against you in a job hunt? >> indirectly as. with age comes experience and titles and salaries would everybody is going cheap. >> yes. it is obvious they were patronizing me because of my age. >> the age of concern is around 50 they are sure you'll cost them more and medical costs has a lot to do with the. >> you can be sure we will not by another gm product ever again. we have a car that has been recalled how many years we have to wait for it to be six? we enjoyed our car disapprove the length of time we have been told we feel we can no longer trust them. >> i recently sold my gmc truck back to the dealership i have no intention to buy
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another gm product now or in the future. >> with the federal highway trust fund going broke and the push to raise the gas tax. by all means raise more and spend more it worked so well before. did any of the stimulus money gets spent on infrastructure? great question. gerri: i love to hear from you send me an e-mail. if there is a will there is a way. we want to hear from you have to overcome a financial hardship to successfully get back on the road to retirement? the man went bankrupt more than three times we share your stories and other ideas. visit me at gerriwillis.com and why you should be on the show. "covering your assets" with some small-cap stock names for you and check out the
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numbers. mortgage rates and a price of a gallon of gas. we will be right back.
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if. gerri: small caps ochs and tumbled last week with the russell index shortly going into a correction is this just long overdue? and robert frost michael penn toe when he is the president and founder. welcome. let's start with the small caps. is the sell-off over? >> this is similar shaky
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part of the market right now it is hard to say if it is over but people should be realistically moving money out of small caps right now. they are the most insane valuations with a p-e ratio of 73 is insane. they should move money out of the small caps and into other places. gerri: are the small caps too expensive? should you be worried were buying at a p/e ratio to high? >> look at small caps they have outperformed every year since 1999 except three years sam by the way with the annual return for says 4.7%. if we look back at the wrestle to thousand that had zero earnings. so we talked sousa clients about asset allocation to make sure they're not overly
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exposed to asset class is they don't have the stomach for the risk. gerri: there is the big debate where we are in a economic cycle what does that say that the small caps are under pressure with the broader economy? >> wire those parts underperforming? why are they up 9% and the russell 2,000 trades a 100 times last year's earnings? why is the 10 year yield falling if nominal gdp is 5% like everybody? because growth is slowing in the year take tapering purchases that they should the will hopefully bring us into a well earned recession in to wipe out all of the imbalances of the economy. gerri: is this behind the small-cap sell-off? >> i don't think we're headed into recession but
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the stocks have gone so far ahead that they need to come back to combat down to earth that will start with the small caps where the most risk is exposed. >> are we already in recession? >> no. because you calculate inflation. >> absolutely we are not in a recession. >> first of all, be changed the lgbt calculation 0.1% growth so guess we are in a contraction mary period so people say the economy is getting stronger but we are well below the trend growth 2013 was worse in 2012 now defense tapir is a recession and not the end of the world of. >> absolutely not we are in an improving economy and went through a rough patch.
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if anything the concern is about inflation right now not deflationary. >> but please explain. >> it goes to say about the big run-up of the 10 year treasury and right now it is getting back to where it should have been last year. gerri: this is an interesting debate there are signs the economy is contracting talk about the 10 year yield that is the case do you disagree? >> the growth has tapered and is not robust but we are not in a contract long contraction unemployment is still coming down but i do agree the biggest threat is inflation that we're in day grows mud and unemployment
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is still coming down but inflation will be the thing to watch. >> also labor force participation rate. gerri: that has for some time. >> is still headed down since 2008. >> we're still sitting at as o% fed funds rate the fed has to figure out how to engineer the rise of interest rates right now why would they do that? mergers and acquisitions they can make more money to loan it out. gerri: good conversation. we appreciate your time. still too, my $0.2 an graduation's taking place across the country but the class of 2014 is making history the most indebted class ever. we break down the numbers coming up.
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gerri: the graduating class of 2014 is the most indebted ever, ever on record. total stood alone debt has doubled in a decade and mom and dad are sharing the burden. great to see you again. how much debt are they facing? >> about $33,000 of student loan debt of federal and private. to service our graduating with debt. gerri: how quickly is this rising? >> increasing by about 1,000
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or $2,000 per year. >> what is the underlying phenomenon? can parents' incomes make up the difference? >> bay has been flat and government support has been declining steadily for a financial aid is this is an ounce. gerri: it goes over well over $1 trillion. one added six kids barrault to pay for college how much is the average debt? >> $29,600. gerri: so we're not talking 33,000 but over $60,000 to get the kids through school and his sayings with the family for decades. would you do to a5 is to get the number down?
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gimmicky but with your income your total debt should be less then your annual starting salary. then you can pay back in 10 years or less. gerri: that is a great rule of thumb. is there a broader solution? this is unsustainable. >> government grants are not keeping pace with increased cost you need to increase of grants are bring down the cost. gerri: danes are so bad that about one-quarter or one-third of the students don't even make their first loan payment. why is that critics dimeter is the six month grace period lee may have not told the lender and the bills are four dead where they started with the security deposit business attire to furnish
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and apartment it puts pressure on the budget. >> is seems to be the importance of student loan debt to their parents people take him less serious because there is so much debt forgiveness program was. >> i think they do taken seriously but when you dial monday it is the best time to reduce the dead not after you have graduated. >> is called edgeworth's of money? >> i think so. sampras is go had a report to have a bachelor's degree is more than 800,000 over the lifetime than just a
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high-school diplomas on average it is worthwhile but some earn more or less. the trick is to keep the debt in sync with your income. gerri: great words of wisdom. >> has the age worked against you in a job hunt? next. almon and energy. but the energy bp produces up here almon and energy. creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america.
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gerri: it is the government at its finest. panel to create a panel to look at other panels to see which ones are useless and massachusetts senate panel is going to create a panel to scrutinize 700 boards and commissions all across the state is rings to action after report found more than one-third of the seats were
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either empty or outdated. some had not met in years. we will wait to see if this works. have a great evening we will see you tomorrow. >> today we announced an indictment against five officers of the chinese army for cybersecurity breaches against victim companies. neil: for just a quick second i thought he is going to resign. but that was not the case. was some people call shifted attention to a crisis that is part a bipartisan array he is going after the chinese to say they spy on us which is why the chinese had th

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