Thats amazing. Melissa the last one here. Keith olbermann wants to return to espn. He is one of the most famous anchors, he cohosted sportscenter and he had dinner with the ceo. He filed a 70 milliondollar lawsuit. What evening . I think he should just cover golfing event so he wont have to talk that much. [laughter] and she would talk and shout. I think there is a lesson here for difficult employees everywhere. Once youve been fired, its very hard to get hired anywhere again. I need to learn a lesson from him. Melissa we will see if he finds another job. He will never be heard from again. [laughter] [talking over each other] melissa that is all the money that we have for you today. We will see you back tomorrow. The willis report is coming up next. Gerri hello, everyone, i am gerri willis. Tonight on the willis report, green lobbying steps up. Locking the keystone pipeline. Will president obama gave to the radical left . Also . , whited inner this woman die . I dont understand why youre not willing to help us patient. Gerri and consumers not getting their rewards as hotel chains get stingy with loyalty programs. The willis report is on the case. We need to get cpr started, this is not enough. We cannot do cpr. Anybody there can do cpr. This is a human being. Is there anybody there that can do that . Anyway we can help this lady and not let her die . Not at this time. Gerri a chilling 911 call. Outrage going tonight over that call. A nursing home refusing to give cpr to an 87 woman who collapsed in the dining hall because they say that it is against their policy. It all happened here. Glenwood gardens retirement home in bakersfield, california. Joining me now is a defense attorney along with doctor marc siegel, and a member of the fox news ateam. Doctor marc siegel, tell me, is this common that an institution like this has a policy of not even responding with the most basic kinds of medical response . It is not common. It is outrageous. Other facilities apparently didnt have this policy. This is their independent policy. There is a nurse that says im not allowed to do that. Gerri here is what this facility had to say. In the event of a Health Emergency from our practice is to immediately call the Emergency Personnel and 28 until personnel of rights. That is the protocol we follow. Does this look like a criminal case, rachel . I dont know if it is its going to be criminal, but it is something that looks like it could be. It is against public policy. If something is against public policy, it is not enforceable. When you heard the lady on the telephone, she had no affect at all, she was perfectly perfectly comfortable watching this lady die, she had no qualms whatsoever. She said this is the policy and the 911 operator was incredible and saying that this is a human being. Gerri i totally agree. The longer it takes, the less percentage that the person has of surviving. Gerri rebecca you said this would be like like somebody not doing that im not going around somebody who is choking because they were afraid of the lawsuit. If that is what going on here . Is about the threat of lawsuits . It sounds like it is. By virtue of the ages of individuals, there could be many medical situations. Are they just going to let someone choked to death . What if they cut themselves, are they going to let someone bleed to death . The bottom line is when there is an emergency, you jump in. This nurse, she felt nothing. As a nurse, she is not even a human being. There are Good Samaritan laws in the state of california to protect against that. Gerri what do they say . She did not have a do not resuscitate order. Therefore this nurse wouldve been protected had she have intervened. That is what you need to do. Gerri you know what it reminds me of . Last week we had a story of how medicare is funding even some of the worst Nursing Homes in the country. Even the ones that violate basic protocols or other rules. The federal government continues to send their money. When will be get serious about how the elderly are treated . I think we should start getting serious righh now. Nursing houses are not a place to warehouse people. People can still have independent lives. This woman had a precious life and any nurse in that situation has to try to save them. Gerri we pay 5. 5 billion in those programs. I dont know a Single Person who is not outraged by this. They are supposed to submit their standards and they must not have people who will stand and will let people die. Any defibrillators come and they need people to be held. This is a terrible and shocking situation. I think that is an interesting point. Gerri why is it that someone would be prevented from saving someone elses life . The same paper said that two people our employees were so happy that they Work Together to save a fellow employee. It raises the chance of survival 75 when proper care is installed. Can you imagine if they asked the 90yearold passerby to do cpr instead of a trained nurse . Gerri thank you both for coming on, we will let you know what happens in that case. Amazing stuff, and thank you so much for helping out. We really appreciate it. Now, we want to know what you think. What a potential lawsuit stop you from saving someones life . Logon to gerri willis. Com and vote on the screen. There is another story in the news today. President obama second term Energy Policy is beginning to take shape. The president announcing his nominees for energy secretary. Welcome to the show, david, he is from the Heritage Foundation and we always enjoy him on the show. So we have some names for head of the epa, department, department of energy chief. Do you think anything is changing when it comes to the president and energy . I do not see any changes. Due to mccarthy and a chief lieutenant for secretary jackson, unlikely to change anything. She was in charge of the air standards, which dramatically reduced the ability of to be competitive. In the department of energy, i am hoping this guy owns a car so he can understand what the rest of us feel like we pay 4 per gallon to fill this out. And he is in favor of cracking. The department of energy has nothing to do with driving. All of that is regulated by the epa. Gerri so we catch one break in this whole thing and maybe thats why he got the job. I guess this story that i have been paying so much attention to is the keystone pipeline. The state departments report. It is not a big threat to the environment. Shouldnt they just go ahead . What are they going to flip the switch and get this thing going . This is the fourth generation of the Environmental Impact statement. All of them said that this report acknowledged, as they pointed out that its not even going to have much of an impact on co2 emissions. Because that is going to get to the refineries by train and truck and by pipeline going in a different direction. So its not that this decision wont have an impact on the co2 emissions. Gerri i guess that is good news. What you expected administration to do at this point . Are they still going to try to trip it up or push ahead . Well, there is a 45 day commentary followed by some cogitation in the secretary. If i were the keystone people, i would feel like the judges keep saying all the evidence exonerates. You get the feeling that maybe they dont like you. Gerri highlevel canadian officials said that they believe that this project will go forward. David, thank you for coming on the show tonight, its great to have you. Want to come this hour. We are just getting started. What you thought you knew about your retirement may be all a lie and its deja vu all over again. A subprime loan crisis that is sweeping the nation. Weibel exam how Student Loan Debt is becoming a problem announcer at scottrade, our clients trade and invest exactly how they want. With scottrades online banking, i get one view of my bank and brokerage accounts with one login. To easily move my money when i need to. Plus, when i call my local scottrade office, i can talk to someone who knows how i trade. Because i dont trade like everim with scottrade. Me. announcer scottrade. Awarded fivestars from smartmoney magazine. Thank you orville and wilbur. Amelia. Neil and buzz for proving theres nowhere we cant go. But, at some point. Giant leaps gave way to baby steps. And with all due respect, youre history. If you taught us anything, its that you cant cling to the st. If you want to create the future. Thats why, instead of looking behind. Delta is looking beyond. Pushing u. S. Aviation to new heights. All 80 thousand of us. Busy investing billions in the industrys boldest moves. Its biggest advances in technology. Bringing our passengers the best, the most spacious fleet in the sky. And earning morewards than any other airline. To show for it. So rather thanimply saluting history. Were out there making it. Gerri breaking news right now fannie mae and freddie mac coming together. And announcing a new joint company in an effort to win itself off of government support. Peter barnes has the very latest. That sounds very ambitious. Is it true . It is ambitious and it will take a lot of effort. But the administrator of the regulator of fannie and freddie is trying to get something going. Moving the ball down the field here as Congress Tries to figure out how to wind down and close fannie and freddie, which as you know, have gone about 190 billiondollar bailout from the taxpayers. Everyone eventually wants to close them and get the private markets back into the mortgage game before the crisis. To securitize the lot of these mortgage loans. It is basically fannie and fannie and freddie and fha. Sinnott edward dimarco, who is the regulator is trying to get some traction on getting rid of fannie and freddie. Gerri if i understand it, they are coming together over securitization. They have to create a company in the middle that does all of that and that might be privatized. That sounds like a tricky thing to do. To say the least. Well, it is. Wall street firms used to do all of this. Repeated proposals from the administration and congress to try to get moving on fixing this and getting the private markets back into mortgages and government underwriting. It has been very slow going, very hard to do, a lot of people in the real estate business have been lobbying to keep things as they are because they have been working pretty good. It is another effort to try to get this off of the ground. Gerri he is the one to turn down the president s plan. Here he is coming in with a different solution. Peter barnes, thank you for joining us tonight, its always so good to see you, thank you so much. Thank you. Gerri it is beginning to feel just a little bit like 2007. The year before the great crash. When we were just talking about. This time its not just about that, but its uncontrollable Student Loan Debts. Students have more debt now than ever before and how increasingly they just cant seem to keep it down. 31 , a third of people paying back student loans. That is up 24 since 2008. That is astonishing. And it wouldnt be possible except for the fact that investors are desperate for higher rates of return. Almost exactly like mortgages before the crash. We were just talking about it with peter barnes. These days rates so low, its difficult to find higher yields. The highest yields are found on the riskiest loans. Last week sallie mae sold more than a billion dollars worth of securities it was 15 times greater than supply. So where do you think the lenders do when they see that . To create more of that. This is exactly what happened during the housing crisis and an insatiable demand for packaged mortgage debt. Ultimately led to booming loans to people who simply could not afford them. Subprime loans to people with no income and no jobs. That didnt work out so well in wall street. Average debt levels of 27,000. Student loan debt totaled 1 trillion and its only going to get higher. That is because this investment will drive more loans to more and more of the central students. It is more important than ever for students to make sure that they wont only take on debt, but they are able to repay. Understanding just how much are likely to earn this and that the students to students and parents make the right choices. Coming up later in the show come the white house says the sequesters are hurting americans. And when it comes to planning your retirement, think again. Just how much you need to say gerri tried and true. How this could become a reality coming up next gerri one of the greatest fears facing retirees. Outliving your retirement. Ric edelman of Edelman Financial Services is joining us now. For those who dont know, this is the withdrawal rate, 4 , from savings or investments that are adjusted for people already in their retirement years. So once you are out of your work life, the first or can take up 4 next year for plus four inflation. We like the 4 number. We get really number one number to tie her. Gerri okay, when i get tired. A lot of people are saying that it has to be lower. They started with a 45 bond. Her chances of making it through 30 years is just 29 . Of course, we saw a lot of that when the markets sold off after the great correction and the start of the great recession. Do you think that they have it right . I think the analysis leaves a lot to be decided. They took an artificially terrible period of time in the 2000. They didnt assume that the individual would make Lifestyle Changes not all of us have children who can have a nest egg or an inheritance. Gerri but some say that you should lower your rates to make up on plus a least 30 years. The 4 rule, some say is too aggressive. People need to dial back, certainly what we have seen in the last few years. A stock market, if you go back to 2000 and 2009, a lot of people got hurt. Now we are starting to see experts say that you need to reduce your withdrawal rate. Well, i think that it is based on an artificial period of time with an artificial portfolio and an allocation of stocks versus bonds. And i dont think the history demonstrates that it will work out exactly that way. The fundamental premise, be careful how much money you withdraw, make sure you dont run out. But to artificially scare people into saying it 4 withdrawal rate is necessarily dangerous, i think that is a little bit too declamatory. Gerri what alternative do you give for them to invest . Other ways of taking money out or thinking about retirement cash. Well, its a really good question. A lot more than just stocks or bonds. There are 16 across the market sectors. Gerri i understand what youre saying. And i appreciate that. But the 4 rule to me, it seems sort of silly. It applies to medicine to absolutely everybody. I can give you cases where the client has to take a percent. They have no choice but to do that. You need to manage the individual case of the client. The rule of thumb rarely what. Gerri i agree with that. We appreciate your time and thank you for coming on the show. Moving on,. They say bears are being watered down. Anheuserbusch says they take no shortcuts or exceptions. Despite claims, beer sales are on the rise for the first time in four years. I guess that is good news. Who were the victors in the beer wars of 2012 . That is tonights top five, number five is natural ice. Number four is miller light. Number three is budweiser, the king of beers up 2. 5 . Number two is coors light. Sales were up a whopping 6. 25 . And the bestselling beer in 2012 was bud light. Up nearly 2 from 2011 selling 300 million cases. This could account for a jump in the stock over the past 12 months. Up nearly 41. 5 . That, my friends, is a good ride. We have more coming out. A new government crackdown, this one by the irs, we will have the bottom line and the Administration Says the sequestration is a party being seen. Announcer you never know when, but thieves can steal your identity and turn your life upside down. Hi. Hi. You know, i can save you 15 today if you open up a charge card account with us. You just read my mind. 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Announcer while no one can stop all Identity Theft, if criminals do steal your information, lifelock will help fix , with our 1 million service guarantee. Dont wait until you become the next victim. You have so much to protect and nothing to lose when you call lifelock now to get two full months of Identity Theft protection risk free. Thats right, 60 days riskfree. Use promo code gethelp. If youre not completely satisfied, notify lifelock and you wont pay a cent. Order now and also get this shredder to keep your documents out of the wrong hands a 29 dollar value, free. Get protected now. Call the number on your screen or go to lifelock. Com to try lifelock protection risk free for a full 60 days. Use promo code gethelp. Plus get this document shredder free but only if you act right now. Call the number on your screen now from our fox business studios, here again is gerri willis. Gerri Janet Napolitano giving travelers advice on the first weekend since the sequestered. Listen to this, if youre traveling, get to the airport earlier than you otherwise would. There is only so much we can do and please dont yell at the tsa officers. They are not responsible for those things with more on this, gretchen hamel. What do you make on this . Lets give it time, lets give the sequester a lot of time gerri everything is operating normally as of now. No impact in the sequestration. Gretchen, i think that we were sold a bill of goods here. I think so too. The Washington Post called out some of the demonstrations claims it wasnt backed up by a lot of docs, but we are seeing some real life examples. This is not as bad as what people think. Last week the education secretary arnie duncan said teachers were goi