Hook victims. The school in newtown connecticut, the victims families or their frustration over t lack of transparency and joins me by telepne. Thank you for being here with us. This split do you think this is fair . This is an attempt by the American People who donated private money to the victims. I think it is sort of the wrong question to ask. Melissa the families are criticizing the decision, saying that the nearly 4 million should actually go to families instead. But that is. It has held up distribution for seven months. In boston we distributed 60 million in 60 days. It killed the foundation in newtown at sandy hook elementary it works on understanding what the families that lost loved ones. It was done with full transparency, open, a public town hl meeting. Everyone was given the ability to make comments. Melissa you are not consulting, youre just helping out, you have a reputation for fairness and helping tough situations exactly like this. You mentioned just a moment ago as you are involved in the distribution of monies in the wake of the boston maratho bombings, that happened in a split second. Newtown seven months. What is the difference . The difference is a disagreement between the foundation that was holding the money and the families as to how much of that money should be distributed and how much should go to the families and communities. A communitywide project. That is what its about. Badhings happen to people everyday in this country. It was privately donated by americans after the newtown shootings. Its unique in my experience. Melissa the governor, the attorney general tried to bring the two sides together. She said for sometime that what we some time that what we need in this country is a Compassion Fund in which money would be turned over almost immediately to families in he wake of tragedies just like us. That the right thing to do . It is an interesting idea. A Compassion Fund. Im assuming that it would be funded by private donors, not the government. I think it would be all private donations. Whether privatecitizens want to donate money toa general Compassion Fund in their own community following the tragedy like newtown or boston, it remains to be seen. Im a little dubious. Sounds like a good iea. As apractical matter in terms of funding, i dont know. I think idea is to make it specific to the events of the people know what they are getting to youre absolutely right. Thats what happened in boson. As soon as the bombings occurred, the mayor of boston and the governor of the commonwealth stood up and said that everyone around the nation, this is a horrible terrorist tragedy. We are setting up a special foundation for the next few weeks they were constantly touting the idea. The american citizens and the money is were distributed 60 days later. That is a Model Program as to how we can do this. Melissa a great name, one fund, they give are coming on the show tonight, ken. I think this is an important issue the dollars should benefit thepeople thank you for coming on. Thank you coming on. Gerri he is keeping us updated to get your chervil donations to the sandy hook victims. She speaks to a coalition of families. Thank you for having me. Gerri that meeting was incredibly pretentious. It was intense. It started out with the committee saying that there were certain questions and down and certain or o of bounds. The majority of the people who were there. Gerri so they tried to corral people . They tried to shut them down we are discussing how we are going to distribute everything, we have a draft protocol and the individuals went to walk everyone through it and then we will take comments. For the record, we fee it would be inappropriate for anyone to comment on or ask questions about anything other than this topic. How we got here, whether its the right amount of money, it is out of our purview. There is a sort of collective moment of, are you kidding me . That is what we were talking about and those are the questions that need to be asked. Gerri i think this is the money question. They were originally the people in charge, western connecticut, they appointed a committee. Those are the folks with the devil. Why is it that they wanted to hold some of this money back for otr purposes . Well, it is entered perating procedure and then makes this work and they dont have to fu raise that money because they happen to be in a community it seems like very ofte the public doesnt realize that that is what is happening it looks like they are accepting it for t victims because they say that we are expecting money on behalf of the victims it gives te nonprofit the latitude to give the money however they want in whatever proportions that they want. Gerri he is a very persuasive person and yes, the money has still not been distributed and will not be. August 16 is te day . Thats right, that is the day they announced it. There is a process that they have to go through and they have an open Comment Period until monday. But nobody came to the meeting last night totalk about how this went to the victims. Nobody car. That is not the issue. How they decide what percentage goes to people who lost a loved one versusomebody who is injured versus somebody who survived, that is not the issue. The issue is that 100 of the money hat the American People gave should be given to the recipients it is intended for it. It is just that simple. Gerri karen, you should come back on the 16th. I would be happy to they are going to cut the checks because they want this nightmare to be over. Gerri i asure that you are right. I do not mean to impugn the motivations of western connecticut, but their behavior raises questions that they do good work in the community. This just happens to not be one of their better suits. Thank you for hving me. Gerri we hav a lot more to come, including a warning for facebook users. Your privacy is even more at risk than before. We will talk tell you how to protect yourselves. And another alltime high on wall street. Our panel has advised on whether its time to rethink your investment strategy. Stay with us. The boyused double miles from their capit one venture card to fly home for the big family reunion. You must be garths father . Hello. Mother. Mother traveling is easy with the venture card because you can fly any airline anytime. Two words. Double miles this guy can act. Wanna play dodge rock . Oh, you guys and with double miles youan actuay use, you never miss the fun. Beard growing contest and go win whats in your wallet . They say im a bad kid. Or a charity case. A trouble maker. Worthless. There are more than 3 million children in americas Child Protection and justice systems. Kids who have been abused, neglected, traumatized. Kids who act out. The worst cases you can imagine. They say im messed up. A drain on society. Just a stupid mistake. For their safety and others, some of these children have to be removed from their homes. Separated from their families. Their at the mercy of an overwhelmed system. I dont think im a lost cause. Im just a kid. Youth villages believes that no child is a lost cause. Not a single one. Because a stable loving family can help any child succeed. And we have an 80 success rate that proves doing whatever it takes for children, is the only thing that wor. If you agree, find out how you can help. At youth villages. Org gerri markets stealing a third week of gains. I love that. This after ben bernanke reaffirmed his aggressive Monetary Policy this week. The stock market rally seems to be back on track. But is that enough to get you back . Joining me now is the chief economist for the Investment Company institute. And brian white is a Senior Analyst for capital markets. Great to have you here. Lets talk about where the markets are going next. You seem to think that this is about fundamentalist. Thats right, the economy has employment growing. Stock markets are going to perform better. With the chairman was indicating is his as the economy improves it will start picking up the accelerator and then Interest Rates will rise. Gerri do ou look at this, i think there is a lot about ben bernanke in the market. I think most of the market is on his shoulders because he is supporting every move. Do you agree . Do you think its fundamental . I think the company has performed well. Gerri it doesnt hurt. More recently thhre are some companies struggling. I think it would be a tough quarter for technology. Lets talk about some of your research on investors and how they are keeping a big chunk of their money on the sideline. I thought it was so interesting. People selling bos and stocks and you see a big exodus from bond mutual funds. What is going on . About 70 million came out since the end of may. About 2 of assets. It is not as much in terms of a percentage. I think a lot of businesses have been hesitant to spend. It is a challenge environment. We have seen apple struggle in the Smartphone Market and it has been pretty widespread. They are doing their strongest for these expenses. Getting glimpses into this, there are reports with the s p 500 that could be weaker or softer than the first half and year. Dc the same thing happened . Which individual investors be looking at as bumps in the road for the remainder of the year . One of the things that really impresses me about what investors do, a plan for not what is going to be coming up next in the markets in the horizon, but creating a Portfolio Allocation and i think that is one of the reasons why we have seen so much money gng to bond funds the past five or six years. These are baby boomers who are approachching retirement and ty want to have part of their portfolio allocated to income. A lot of that is going to be included. Gerri thats right for me want to put more in bond funds as you age. And who knows if thats whats going to happen. As well as the income. It helps to provide a diversification forthe equity as well. That is a natural tendency that goes on among investors. Gerri lets talk about apple stock. You are hot on his stock. Tell me what is going on. The best days are ahead of apple. When i look at what has happened over the past few quarters is that the srtphone market hit a lot of wallace. Heres so here we are as we look into the future and we we are beginning a new product cycle. Five to six times the earnings of cash, the great portfolio of new oducts and i have watched apple tv. Doesnt that say that they are discounting the products to make the most money on . Is a ifferent product with a plastic casing on the back. I dont think it will have some of the new technologies. So fingerprint identification will be a core technology. Gerri what else do they have that you think is great throughout this point . When you talk bout apple, and u are talking about them in a something you havent seen before. Thats right. People got a little bit spoiled. In 2000 only had the iphone. And it took until 2007 and then we had a sixyear gap between the ipod and iphone. So we are going to have apple tv and i will be the new product that they can revolutionize in the market. Gerri last word here, what is your last word for investors, people watching the show and looking for some intelligence on the market . They must be aware that Interest Rates will be rising. We are kind of trending downward and they have to be prepared for that. We also think that they should keep their eye on the trends as well. Gerri thank you both for coming on the show. It was great. Now we want to know what you think. Heres our question tonight are you ready to jump back in . Vote on the right side of the screen on gerriwillis. Com. We have more coming up. Would you like an obamacare lock a . Some extremes that states are going to and we answer the question how do you do that. Facebook rolls out an application to keep your information as private as possible. We will have that next. Every parent wants the safest and healthiest products for their family. Thats why i created the honest company. I was just a concerned mom, with a crazy dream. A wish that there was a company that i could rely on, that did all of the hard work for me. Im jessica alba, and thhonest company y was my dream. [ male announcer ] legalzoom has helped a million businses successfully get srted, including jessicas. Launch your dream at legalzoomoday. Call us. Were here to help. Launch your dream at legalzoomoday. Hey, buddy . Oh, hey, flo. You want to see something cool . Snapshot, from progressive. My Insurance Company told me not to talk to people like you. You always do what they tell you . No. Try it, and see what your good driving can save you. You dont even have to switch. Unless youre scared. Im not scared, its. You know we can still see you. No, you cant. Pretty sure we can. Try snapshot today no pressure. Where do you think youre going . Is your body holding you back . I want to go running. Not with that knee, youre not. Im fine. Fight for your mobility. Visit anationiotion. Org. A message from the American Academy of orthopaedic surgeons. Rri gerri facebook is rolling out its new search, making users information more public than ever before. Your public activity from your posts and even your interests are all available for the world to see, not just your friends. How do you keep the facebook stalkers at a . Joining me now is a privacy expert. Welcome back. So tell us how this works. And a lot of people are saying, my stuff is more public on facebook . Essentially it is the gogle or facebook. Anything that you have posted for everyone, it indexes it and you can search that information just le if you were on google. The difference is it is all your private information. Okay, so if i am on facebook, which i am, what can peoppe find out about me that maybe i didnt want them to see . By deult everything is set to share with everyone or public. If you havent gone in and marked Pacific Coast or a photo or a video is only sharing with friends, it is shared with everybody nd therefore open to the Search Engine and facebook has the right to share that publicly. Gerri this new thing. I have to think people are going to complain about it. You think that they will be able to keep it . There is no doubt that they will be able to keep it. People will complain that we can always do with facebook. Unless we raise a stink, we forget forget about it after week and they go on. It is their business model. This is how they make money, by aggregating personal information and selling it to others. I find it deeply annoying. Okay, yr points here, suggestions and tips for people who want to keep their information private. Use a shared care . Yes, that means that if you put it up on facebook, you better be darn ready to have it shared publicly. That is essentially what youre doing even if you have all of your settings set up, somebody else can share that data and it can be totally pulic. Gerri how does that they used policy help me . Oh, it is such an eyeopening thing. I have had my daughters do that and you cannot believe what you find out about what tey are sharing. It totally is revealing about the information youre giving way on her. Gerri you talk about customized settings. I think this is critical. You do not want all this information out there, i do not think. No, you do not. Yowant to lock it down from the start. We put a video on our blog about how to go about it. That setting on the righthand side, sothat you are not automatically sharing everything the future or the past. John, thank you so much for coming on and warning us about this. We appreciate your timee have a great weekend. Thank you and u2. Gerri what will they think of next . Well, coming up we have a woman who hasbeen fired for being a threat to her bosses marriage. Why is that we met because she is too attractive. Is it legal to fire agreement and the white house has tried to push obamacare on everybody. Now five years later, states are being forced to show and tell. How they are selling is signature law and how you are paying for it next there is a pursuit we all share. A better life r your family, a better opportunity for your business, a better legacy to leave the world. We have always believedd in this pursuit, striving to bring insight to every investment, and integrity to every plan. We are morgan stanley. And were ready to work for you. Theyre the days to take care of business. When possibilities become reality. With centurylink as your trusted partner, our visionary Cloud Infrastructure and Global Broadband network free you to focus on what matters. With Custom Communications solutions and responsive, dedicated support, we constantly evolve to meet your needs. Every day of the week. Centurylink® your link to whats next. [beep] [indistinct chatter] [kids talking at once] [speaking foreign language] [heart beating] [heartbeat continues] [int singing] [heartbeat, music playing louder] im feeling better since you know me i was a lonely soul, but thats the old me. Announcer this song was created with heartbeats of children in need. Find out how it can help Frontline Health workers brinho to millions of children at everybeatmatters. Org. That was the only thing left of the house. The only thing. Red cross helped us and theyve literally got us back on our feet. Huge outpouring of love just going, people care. We didnt come out of there saying, wow, we lost everything we came out of there hugging each other, glad that we were okay. From the fox business studios in new york, here is gerri willis. Gerri it is raining again in new york. You have to hear this toy. A sales pitch that alot of people dont want to hear. Obamacare. State advertising the changes on everything from coffee cups to porta parties. Our branding expert joins us now. This is most ridiculous thing ive ever heard of that the state are now going to have to advertise obamacare, taxpayer dollars, do you like what they are putting up their . Does it make see to you . Welcome to the overall idea of selling an idea is kind of what i do. That part makes sense. But it doesnt make sese in the way they are doing it. Extensively you have three different waves of obamacare were canceled by different states. None of them are telling the right story. Gerri how so . Lets talk about a couple of things theyre doing. They are putting pictures on porta parties, listen to this. This is hysterical. This is what the state of oregon is doing. Gerri how is that about obamacare . I dont get it . Neither do i. I suspect neither do e oregonians. The fact of the matter is that this whole thing really should have had a centralized strategy and it shouldve been a centralized pe of a campaign that shouldve bn a lot more direct so that leaves people could understand what it is that they are getting into. The number one problem with obamacare is no one really understands it. The lst of which congress who wrote the law and put it into place. It is estimated that a billion dollars will be spent by both sides. People that are antiobamacare, those that are proobamacare by 2015 how shld they pitch this money . If they were calling me, i would tell them be targeted directly at this market. Young people are the harm highmargin guy that will be paying for this stuff. I think this country lacks an opportunity for young people to step up. The only time he see people step up is when there is a natural disaster. If you could convince them that they ran on a ticket of change, heres the change you want to do and heres how it works by yugos adopting this page you will be able to help take care of each other and your older generation who really needs this. That would give them a sense of productivity and purpose. I have to tell you that it is a hard sell to cost you more money than what you doing this evening. They have a higher price tag particulay for young people. Thank you so muchfor coming on. Its fascinating what they a doing with this and its going to be interesting to see if people really do signup. If we take your words to heart. Thats a tough se with this message. [laughter] gerri we appreciate your time. When we come back, t is fashion friday and we have an interesting idea for your kids this summer. And is it ever okay to ire someone that you think is too pretty . Order that discrimination . Our legal panel weighs in with us coming next [ thunder crashes ] [ female announcer ] some people like to pretend a flood could never happen to them. And that their Homeowners Insurance protects them. [ thunder crashe] it doesnt. Stop pretending. Only Flood Insurance covers fods. Visit floodsmart. Gov pretend to learn your risk. Gerri tell us about the details of this case and how how this came to pass. She was there for 10. 5 years. Over time i would just that his wife, who also worked there, but im just wiped some interactive and there really was nothing going on. But she was very concerned about it, getting jealous, ultimately he decided to let her go. Obviously for the sake of his marriage. The question is if it is legal or not. One would argue or think that it is gender discrimination. If she were a man she may not have been fired right had allies not extend that far. If he women is fun because shes learned or have children, that is an extension of her gender. Gerri are pretty is not . It is not. He was there for 10 years, known to be the best analysis and that he had and she did not have an affair with him or for the company she is fired because shes too pretty . Because the wife was worried about something that had not happened . Your marriage together. That is not her fault. That is not this womans fault and she des in a motel because this . That is so wrong. By the way, an allmale supreme court. This is why the fighng in washington is a very big deal. When the plaintiff comes in, they dont get to pick the judge. Female judges dont always go out of their way to help the mouse. I dont think that this is discrimination. I think that let me explain my point of view. She didnt do anything wrong. This is a private business by a dentist. Its his business, he can do anything he wants. The law does not protect u must it is discrimination. I do not think this is discrimination. If it were a man and he was pretty, he would not have been fired. It is gender discrimination. With a lot of what you have not expanded it. Yes, it is gender discrimination. It has already gone through the Iowa Supreme Court and i think she should go make it a federal case, a title ix case. Gerri come on dont you ink this is an annoying nightmare . We have to pay for these cases that go through the c if this guy doesnt want to employ this woman come he doesnt have to. The question is should that be the law, should expand further. Because i do think that her gender did make a difference. Youre going to have a problem if you are replaced by someone of the same gender. About the wife make sure that you clear the next employee. All of these employees were women. N. Exactly. Discrimination over being pretty. Gerri at his private office and business. The point of lawyering is to understand that even though i dont agree with that, but if the law. Gerri no, it is not under dissemination. It is, or she would have been fired. Im talking about legalities. If it is a gender issue, its because she had children i never stated intent stereotypes. But this is how you will, it is not gender related. Its not like she was dressed inappropriately. He was doing her job. She was the best dental assistant that he had. It was not brought as a Sexual Harassment case. They were not having an affair. So this poor woman cannot win macromedia say that bringing pretty was a factor, you two would have to be worried. Gerri i like him so much. He i just right all the time. [laughter] gerri it is a very interesting case. Email us at gerriwillis. Com. Still to come, my two cents more and we go in fashion with Madison Robinson. Shes 15 years old and the creator of fish flop. Any last requests mr. Baldwin . Do you mind grabbing my phone and opening the capital one purchase eraser . I need to redeem some venture miles before my demise. Okay. Its easto erase any recent travel expense i want. Just pick that flight right there. Mmm hmmm. Give it a few taps, and. Its taken care of. This is pretty easy, and i see it works on hotels too. You bet. Now if you like that, press the red button on top. How did he not see that coming . Whats in your wallet . Nearly 1 in 200 americans suffer with the debilitating pain and constant disruption of inflammatory bowel disease. The toll is both physical and emotional. Chances are you know someone with ibd. Someone like me. Im Amy Brenneman and i support the Crohns Colitis Foundation of america. Ccfa was created thelp those with ibd cope and to find a cure. People with ibd cant wait. Wont you help someone you know . Gerri gerri in fashion, go to the beach. Take a look at this. Isnt that nice . I love it. Okay, kids are flipping for colorful flipflops designed by a kid. Fish flops was created by an 8yearold girl in with her fatherselp, it has been expanded into a national brnd. Here is Madison Robinson and her father, the creators. You are now 15 years old, tell me how you came up with this idea. Yes, i love to john color and i loved love the beach and i wore flipflops all the time. I drew a sketch and i give it to my dad and said, here, fis flops. Gerri then you had to turn it into a business. Yes, i went to the website and i purchased fish flops. Com. And i said, okay, we have something. So i took the drawing and had some samples made. People place orders at the trade show and it was a big interest. These are not just any flipflops. These are very colorful and bright and flashy. How how did you come up with that idea . I have seen shoes for kids. What made you do that . I just thought that i wanted to bring some personality to them. Gerri you said that there will be some adult flip flops coming . Yes, we are nterested and we focus on the childrens fist. Gerri you talked about those in their have to be some challenges along the way. It took time for the samples to come in and to get them made and for people to actually want to buy them. It has taken a big deal of time. But now that its happening, we are very excited about. Gerri we have interviewed lots of fashion entrepreneurs on the show, you are definitely the youngest at 15 years old. If you are here now, were the one being tenures . I want to continue with my own brand. Gerri accompanied me. I understand that the proceeds from this endeavor are not going to madison directly right now. What is being done . We are putting the funds away for college and we are going to try to let her go out and possibly do some are jobs like every normal kid until she gets out of college as ell. How you feel about that . I think its a good idea. Gerri where can you find the products they next. At nordstrom ores and at fish flops. Com. Im so glad that it happened. This situation is only going to get bigger next year. We are working with the Merchandising Team to expand the brand. We cannot thank them enough. You guys are a great team. Thank you for coming on. Gerri we will be right back with my two cents more and the answer to the question of the day. Are you ready to come back in the my mother made the best toffee in the world. Its delicious. So now weve turned her toffee into a business. My goal was to take an idea and make it happen. Im janet long and i formed my Toffee Company through legalzoom. Never really thought i would ma money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. Go to legalzm. Com today and make your business dream a reality. At legalzoom. Com we put the law on your side. And ill never desert you ill stand by you yeaaaah yeah. So thats our Loyalty Program. Youre automatically enrolled, and the longer you stay, the more rewards you get. Great oh ill stand by you wont let nobody hurt you isnt there a simpler way to explain the Loyalty Program . Yes. Standing by you from day one. Now, thats progressive. Stocks close at another alltime high. Are you ready to jump back in . Here is where your posting on facebook. I divested of all stocks be coz it is a huge collection of black friday all over again. I nt think will happen in six years. 19 percent said yes yes, 81 percent said no. This month marks six months months, seven months since sandy hook the committee has tried to move on inclung construction of a new school and brought up the best of people who were lining up to help sending money to the united way to help the victims and survivors to put their lis back as best they could but not one dime of more than 11 million united way has collected has been handed out it is an issue we have been focusing on coping to see that to go to the people that need it not until last night we see signs of hope at the communy foundation as they were dividing up the nations cable up with the plan and ken feinberg said it is not a perfect solution but it is what they have. Some people want to know what only twothirds of the money is going to the families. Even the just killed in ohio even the red cross still had not paid out 100 million to sandy victims seven months after the storm for these charities do amazing work, lifesaving work but also boosts on the ground when the country cannot be there. Getting that many of fast and right can be done just like boston and colorado i hope next time theyre ready that is my 0. 2. All next week we will bring you a users guide to health care. How to talk to your doctor doctor, and cut costs is starts on monday. It will be exciting. Thank you for joining us. Have a great night. We will see you on monday good evening everybody. Thank you for being with us. Cheers erupting inside the House Republican caucus meetin on immigration. Speaker john boehner and the Republican Leadership confirming late today that the house of representatives will not be taking up the senatepassed gang of 8 immigration bill. Congressman darrell issa confirming to fox after the meeting broke up that the senate bill will not see the light of day in the house of representaves. The important thing is it was not a well thought out approach in the senate. Its for the reasons that the senate bill has little chance of ever no chance of