The news comes as more and more children report to hospitals and doctors offices across the country with cases of poisoning from these very products. But is the fda move too little too late . Joining me the doctor who first told us about the injuries, gaylord lopez, director of the georgia Poison Center. Doctor, welcome back to the show. Great to have you here. Fda announcing, people using ecigs, have to be at least 18 years of age. A Health Warning is required. You cant sell these things in vending machines. They have to register all products an ingredients with the fda. No more free samples. Which is i find things interesting. That is great way to help people get hooked. Do you think the food and Drug Administration has gone far enough . The right steps have been taken. Those of us in the Poison Center world want to see a few more. They include putting hazard or warning labels that reflect this stuff can be very poisonous, if just touched on the skin. Precautions about handling. Probably more important than anything, mandating that safety caps or some type of child resistant enclosure is put on the little droppers of liquid nicotine because thats where the problem lies. Gerri absolutely. Those refillable cylinders, that is what is creating a problem for so many kids out there. Tell us what the kids are doing . It is very dangerous. A lot of people are not aware how poisonous, toxic this liquid nicotine is. Theyre attracted frequently to the smell of some of these liquid nicotine products. You find smells and flavors like coconut, strawberry,. Gerri bubble gum. Bubble gum. These to unsuspecting childing look like, smell like and taste like something good to drink when in fact it is poison and just a few drops can be really toxic. Gerri weve been talking a lot about how many people have been hurt with these ecigarettes. Lets be clear here. This is unintended use of this product, right . Some kids break open one of vials . Right. Gerri drinks it and rolling around on somebodys bed and breaks open and rubs bense the skin of someone. That is typically what happens. You have told us that lots of calls to Poison Centers, your Poison Center now, how many are you getting and how much are the calls up yearoveryear . When you look at national data, in 2013, we had just over 1400 calls. Already through, not even the end of april, nearly 900. In my state, weve double already what we saw all of last year. So these things are going to happen. If we can tell parents to be a little bit more careful, put these things up and out of the reach, they wont be in the way of that unsuspecting child. Gerri gaylord, i have to say though, i have some suspicions about the ability of the fda to take care of this problem. I will tell you why. A lot of states already say you cant sell ecigs to anybody under 18. Seems to me theyre still getting ahold of this product anyway. What needs to happen . Well, with the regulations, i mean certainly it is going to restrict. The thing is, were not going to stop these folks from getting these products. For us its a matter making sure theyre stored properly because a little bit here can go a long ways. Were talking about not only making kids ill, but also in some cases making them have severe symptoms that are difficult to control. Gerri so your advice tonight to mom and dad, lock the stuff up if you have it in the house. Make sure kids cant get ahold of it. It naturally attractive to them, right . Pretty colors and smells good. Exactly. Here is what we do as adults. We leave it on the desks and kitchen table. And thats where these kids and when theyre within easy access of these products theyre getting into them. Theyre attractive. They smell great. And they even taste great. Thats whats dangerous. Unbelievable. Gaylord lopez, thanks for coming on the show tonight. Good to see you again. My pleasure. Gerri big day for ecigs. Thanks for being on. It was also a very big day for the internet. The federal government just ruined the internet. That is what some consumer groups are saying the fcc said it is aokay for companies to get preferential treatment on internet. The fed insists it is new proposal makes it fair for everyone. In other words, that everyone is equal but some are more equal than others. We have mashable editorinchief, lance ulanoff. Lance, Net Neutrality is dead, is it not . If you talk to the fcc they never called it Net Neutrality. They call it open internet. Gerri yeah. Open internet rules. There is no Net Neutrality, as of january 14th, they lost in court there is big gap. The fcc is scrambling to try to reconstitute the rules. What we learned it is same rules they had before. Gerri same rules, this is big win for cable. Heres what they said. They said look, if you want to accept payments from content providers on the web, lets say hulu, lets say, anybody, you name it, netflix, you can do that and what weve seen in the past, netflix has paid for special acts to comcast. They paid a big price tag. And turned around and said, consumers you can pay more money. They raised their prices. On the netflixcomcast things a whole bunch of different stuff going on. That is peering agreement, server to server. Two networks talking to each other. In fact the fcc never covered that in their their open internet. The thing most concerning about the plan they have is the language they use now. They talk about commerciallyreasonable. So it was kind, before it was reasonable. What was reasonable for everyone on the internet. Now it is commercially reasonable. That word is really fraught with all kind of meaning. Is that companies . It certainly doesnt say consumers. Gerri the way i read this is somewhat different, and i spent a lot of time studying this today and it looks to me like if youre a small player in this field you may get hosed. People will not have access to your content to your material like they will have access to the Big Companies that can afford to pay for the freight. Netflix, 30 of the traffic in the evenings, right . 3 of the traffic. Theyre 33 of the traffic. Theyre dominating. Who else can play . Only a handful . Who else can pay money to potentially have the deal. That is a big question mark. They dont address them because they are network to network. They would go into different network. Now they go into another one. Gerri i dont care whether as a consumer about lit it is networks to network. Ultimately i am concerned whether i pay for more that. I have to tell you everything i read says yes, you will. There are no rules. Which is good and bad. Bad because there are no rules and what are people going to do . Good, because they havent done much with the exception of netflix an comcast which officially does not fall under that same definition of Net Neutrality as far as the fcc is concerned. But the problem we have right now is there so so little real information about what this plan is going to do but they did say they, one thing they were pretty clear about. They wont let anyone block lawful content on the networks. Again gerri if you find it, if you get it, if it can get to your ipad if isp is blocking it that will be unlawful. Gerri you see that as breakthrough . I think that is very important theyre holding on to that piece. Dont think they have done a ton of new writing here this is more or less the same thing they had in january but they wanted it to pass judicial muster. They didnt want the court to be able to knock it down. Gerri i think it is more different than that big debates because first of all, this isnt even law yet, right . This is a proposed rule. Out for conversation. People will make comments. Let me tell what you wheeler said, fcc chairman, chairman. Federal communications commission. Behavior harmful to consumers competition by limiting the openness of internet will not be permitted. That is just what you were referencing. Thats right. Thats right. He is definitely saying that he wants to protect consumers. The problem is the rules he is setting in place dont necessarily do that. They seem to leave too much leeway for companies, for isps and content creators to do things that could ultimately harm your access to the internet and i think that is the big problem. He needs the language to be clearer. He needs it to be absolute, not a bunch of tests. You know, is it anticompetitive . Is it bad for consumers . I dont know. Does it infringe on free speech . Are they engaging in good faith practices . By the way, could you define what that is . I cant. Gerri you know the business for sure. Thats right. Gerri but the internets not free anymore, lets face it. Those days are over. Its done. If you think of the internet as a place where people go to have open debate and communication and conversation, maybe not . Well, it is definitely changing. By the way, i dont think the fcc does a really good job how the internet is ink thatting. Were doing more and more on surface on mobile devices. They barely addressed that. They dont change anything when that is the world. They have to make one world forrering on the desktop and mobile all together and get it right so people can have access to what they want. I got to tell you, i think they sold us out. Think that is exactly what happened with this Big Companies are going to win but consumers are going to pay. There is still time to talk about this. There will be months before anyone put as stamp on it. Time for everybody to speak up what they want out of your free internet. Gerri thats a good point. I like that. Email, send us a tweet at gerri willis fbn. We appreciate your time. Thank you, lance. We have more this hour, how do you do that . How do you retire on a Million Dollars . Guess what . It sound harder than it sounds. Airbnb should it be regulated like a hotel rental . Should it be regulated at all . [ girl ] my mom, she makes underwater fans that are powered by the moon. She can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. My mom works at ge. Gerri with the growing popularity of Online Rental service, you know this company, airbnb, more lawmakers are seeking regulation. Critics of shortterm rental service say what the company is doing is illegal. But can airbnb be regulated . Here with more, heritage chief economist steve moore. Great to have you here. This story makes my blood boil, gerri. Gerri why . Look, who do you think is bringing charges against airbnb . It is Hotel Industry and Motel Industry dont want the domtics. Gerri there is law right here in new york city that you cant do it . Youre right. Get rid of those laws. Those laws were actually put in place by the industry as pretext. We live in an age right now, gerri, where you could, why shouldnt you be able to create your own taxi company . Why shouldnt you let out your house if you want to . Consumers benefit from that, right . They get lower prices. And what youre seeing in all of these kind of new Internet Industries that are developing, that are taking on these existing corporate empires is, the empire is striking back, saying no, we dont want the competition. They run to the government for the help to try to run these people out of business. Gerri music industry. Exactly. Name across the board. New York Attorney general Eric Schneiderman says this should be illegal. It is unfair competition . Why . What is unfair about it . They might say they dont have to comply with the building codes and all regulations. But these industries sprout up, gerri precisely because there are so many regulations that are imposed. These are ways, it is true these are ways of getting around regulations, reducing costs to consumers. So, for example, if you come to new york you doesnt have to pay 300 for a hotel as i did last night. Gerri okay. But look, im playing devils advocate. Right. Gerri you think, ive used airbnb. I used it one time going on vacation to paris. I use it one time. Gerri switched with somebody who lived in paris and somebody lived in new york and it work very well. A agreement between two individuals, right. Exactly. Gerri but reality is these days with airbnb what is going on people are actually professionals. They have got hundreds of properties. Theyre putting on 40, 50, 60 at a time. They have, they have none of the, you know, regulatory force, power coming down on top of them. Thats true. Gerri that the Hotel Industry does. And to me that, is that a fair . I think that is valid point theyre acting as de facto hotels. The Hotel Industry and Motel Industry should say look, you have to get rid of these regulations you will put us out of business. You may a good point. These are voluntary transactions between a renter rentee and the you know, if they both voluntarily agree to it, who is being hurt here . Gerri the top 40 users of airbnb, made 35 million over last three years. I got to think a lost hoteliers out there who would like to make money. When is it a crime to make money . Thats what the capitalist system is all about. Gerri i told you i was playing devils advocate. What is interesting to me i think this is another gray area in the economy. It is. Gerri internet, guy we had on, lance ulanoff, it is blowing up industry after industry. It is creative destruction. It is lowering costs. That means every industry, i mean, from the cabin industry to the Hotel Industry to the Restaurant Industry is having to change their business model. But the main thing is, this is proconsumer because it is giving consumers way more choices at lower costs. That is what capitalism does. Gerri here is my other question. Schneiderman wants to put these people out of business, right . Basically that is his idea. Right. Gerri how do you do that . If you tell me i cant exchange with a fellow in paris for vacation i will go to another website like craigs list and list there. How do you police this thing. Well i mean, they could really penalize people who, you know, theyre going to come after the people, literally, if you tried to lease your home, you know, for a month when youre gone in august they will come after them and fine you and basically go after the people actually letting their homes. Or the people at uberusing their cars as a taxicab. I dont see any Public Service being advanced by doing that. Gerri do you think the long arm of the law is really interested in tax revenues . Yeah. Well, i think tax revenues is one of the things that motivates this by the way the hotel and motel taxes are so high in new york, this is one of the things that motivates these alternative industries. That is why, you know, youre going to see the same thing happening in rental car industry. You will have now people, renting out their, their pintos and so on. Gerri their mustang. Exactly. Gerri not in the driveway, honey because i rented it out. Rent ited out. That is not a bad thing this is the wild west of capitalism, ladies and gentlemen. Gerri take the power back. That is all for you. Thats what steve says. Love the new studio. Gerri later in the show, what is more important for College Grads to land a job . Should you be book smart or street smart . We have the answer. Coming up we answer the question, how do you do that . How do live out your retirement with Million Dollars in the bank. Sound easy . Could be hard if youre going to live 25 years. Well talk about. Gerri think one Million Dollars is a lot of money . Well break down hough you have to live on in retirement. [ chainsaw buzzing ] humans. Sometimes, life trips us up. Sometimes, we trip ourselves up. And although the mistakes may seem to just keep coming at you, so do the solutions. Like multipolicy discounts from Liberty Mutual insurance. Save up to 10 just for combining your auto and home insurance. Call Liberty Mutual insurance at. To speak with an Insurance Expert and ask about all the personalized savings available for when you get married, move into a new house, or add a car to your policy. Personalized coverage and savings all the things humans need to make our world a little less imperfect. Call. And ask about all the ways you could save. Liberty Mutual Insurance responsibility. Whats your policy . Gerri one Million Dollars. Should i say one Million Dollars sound like a lot of money, right . Only 10 of savers hit that threshold for retirement. Is a Million Dollars enough to live on . I went to the streets today to find out. Here is what people told me. Could you retire on a Million Dollars . Im still very young but i dont think so. This doesnt even sound like million can get awe great place to live. No. I have three children and i have to put them all threw college. No, not enough. How much is enough . Not even close. Pick a number . I would say, a minimum of five million. Depend where you live. If you live in manhattan, the cost of live something very, very high. I want to live happy. That is what i will be do. Money dont make happenness but money does work. Gerri money does work. Well make sure whatever you have saved, works for you in retirement. So how do you do that . Joining me now, certified financial planner, saul simon of the simon financial group. Welcome back to the show. Tell me, what did you make of answers you heard. I think theyre absolutely right. It is difficult. Some of those people have kids in college or wanting to be prepared for college. Some people are not retired yet. Agree at the five Million Dollars number. It takes a lot of money to live a quality of life especially in this northeast corridor. Dont have to live in the northeast corridor. That is the beauty of that. Well get to that in a second. I wanted to show results of a gallup poll which i think you will find interesting. Retirement number, do you have enough, number one fear of americans. Retirement. Medical