Talking probably upwards of ten trillion dollars by the time its all done that far exceeds what it would have cost for infrastructure that the president proposed. Who are right and when you talk about when you look at the comparison between what were spending here infrastructural spending over there and put it in a context what a report i heard in recent days over the weekend i think that iraq is now seeking and i dont know if its from the u. N. But from International Authority is the reports that additional funds to rebuild where in the world would that money come from well it may ultimately have to come from the United States if we dont want irans influence to take over completely in iraq that is a Major Political concern and policy and strategic concern that the United States has from a strategic standpoint and so the u. S. Has got to deal with that not only iraq but were going to have to also continue in and in afghanistan on top of all that. We havent had a budget in the Defense Department for at least two years and its been under a sequester so theres been a cut off and thats now been lifted at least for two more years and so theres going to have to be reloading the contingency funding that went in and on top of all that weve lost one point eight billion dollars here in recent days and we dont know where it went and when you when you invest in afghanistan a lot of that gets filtered away theres a lot of corruption in the country so and theres been studies by the by the Inspector General of specialized special Inspector General on this he says the moneys gone nobody knows where it went and this isnt a problem no i want to follow up on that one so last question though got about thirty seconds michael so the president said seven trillion dollars is stupid that we spend all that much youre saying no you actually need that to protect our security and more but what is the president done his budget request thats out today he asked for more to that seven trillion that stupid or less well the seven trillion is going to be what has accumulated over time hes hes asking for almost another trillion dollars. But when you consider his new strategic defense posture plan which calls for more capital ships more updated Nuclear Weapons hypersonic aircraft its going to be an incredible amount of money in order to compete with what the Defense Department perceives to be a continuing threat from both russia and china in their build ups love to have you back to talk about which your companies are going to make out on some of this former pentagon official michael thank you so much for being here thank you appreciate it and time now for a quick break but stick around because when we return u. S. Trade frictions with china escalate and the Riyadh Ritz Hotel reopens and for business and wells fargos troubles you guessed it continue as we go to break here the numbers at the closing bell gold and silver were up in trading this morning as usual in times of turbulence for stock investors take refuge in Precious Metals as a hedge against instability the weak dollar and a mild rebound in the oil prices are also playing a role in this dynamic through the impression of growing that the dollar has a. Tens of billions hundreds of billions probably a trillion dollars of u. S. Government subsidies on the Energy Industry yes government can subsidize mining big brother crept up currencies and put those into wallets called american citizens give each have an automatic wallet tied to this also security account and they can get a daily and weekly or monthly airdrop costs that they can then years to boost economy with the government can easily do that. Stein is Getting International recognition with the help of israel at least in the world of zoos remember wolf it was dismissive to do it looking like you know that this is my complicity is going up to study hall meeting. Notes on a tough job or they should be the only palestinians who gets the most hope from its jerusalem counterparts i dont think theres some of those who in the world of the vision didnt know who could give us. And that is all of us not just the heart of this lady of the muslims the heart i know if you continue muslims you may do more commitments also dont piss off. Every body im steven both on the task hollywood guy the suspect every proud american first of all im just george bush and r. V. s to suggest this is my buddy max famous financial guru and were just a little bit different im not a. Good one of the oh no one knows up with all the drama happening in our country im shooting the brood have some fun meet everyday americans. And hopefully start to bridge the gap this is the Great American people. Last week we reported and discussed in detail the truck administrations thirty percent tariff on solar panels that has panels coming into the United States china is the key importer of solar panels to the u. S. And their imports have dropped by more than fifty percent last year to six hundred twenty Million Dollars well china is now considering upping the trade war and has announced an investigation into the dumping of u. S. Sorghum sorghum is the animal feed china imported more than one point one billion dollars worth of u. S. Sorghum last year in the scheme of things these are Small Matters as the two nations the two largest economies in the world have bilateral goods trading of over six hundred thirty six billion dollars each year although china enjoys a three hundred seventy five billion dollars trade surplus with the United States nevertheless the sorghum investigation by the Chinese CommerceMinistry Raises concern that more trade retaliation could be in the future watch this space particularly if china raises concerns about larger u. S. Agricultural exports like soybeans beef or dairy products. And saudi officials are hoping to raise more than thirteen billion dollars by the end of the year in their settlement discussions with princes and high level moneyed interests who have been rounded up and holed up in the Corruption Scandal last year and held in the Ritz Carlton Hotel in riyadh which serves as a luxury jail the crackdown which witnessed hundreds of princes and businessmen and they were business men not women being held are now beginning to be released on sunday the hotel open for business to the public today no. Details on any settlements have become available. And bad boy Bank Wells Fargo is back again and they cant seem to get it right after years of wrongdoing the big bank has announced that they recently recently sent thirty eight thousand erroneous communications to customers that forced them to purchase unneeded Auto Insurance the bank has yet to begin to do their refund outreach on another misstep where as many as one hundred ten thousand customers were charged in appropriately for various mortgage related fees the bank said the Auto Insurance mistake was due to a quote coding error as many of you recall days ago boom bust reported and discussed in detail about you the u. S. Federal reserve took the unusual step of restricting the banks growth until it sufficiently improved its governance and controls. A new study says there may be true eons of planets beyond our galaxy its a discovery scientists have been working on for years trinity charges as more scientists have long been unable to find planets outside of our solar system beyond the borders of the milky way because its so incredibly difficult since these extra galactic galaxies are located some three point eight billion light years away they are simply too far to be observed directly not even with the best telescopes that exist but despite all the odds a new study gives the first evidence that exoplanets do exist beyond the milky way using data from nasa shondra x. Ray observatory space telescope and with the help of gravitational microlensing astro physicist at the university of oklahoma say that they found the first evidence that more than a trillion exoplanets could exist beyond our milky way dr she knew an assistant professor of physics and astronomy at the university and the leader of the new research said in a statement we are very excited about this discovery this is the first time anyone has discovered planets outside of our galaxy the. Small planets are the best candidate for the signature we observed in the study using the microlensing technique we analyze the High Frequency of the signature by modeling the data to determine the mass the researchers say that in this image alone it is estimated that there are trillions of planets in the center elliptical galaxy dr shown you through a model we. Will reach you. Can start to reach you about. War. Where we. Will be. Wandering around between star so we park. We load can run and worry. That you can start more often so thats number one the issue although the study points out that oftentimes planets within the milky way are discovered using the same technique it wasnt until this study that there has been any evidence of planets in other galaxies eduardo go to us a researcher on the study says that quote this is an example of how powerful the technique of analysis of extragalactic microlensing can be this galaxy is located three point eight billion light years away and there is not the slightest chance of observing these planets directly not even with the best telescope one can imagine in a Science Fiction scenario however we are able to study them unveil their presence and even have an idea of their masses this is very cool science while some experts are skeptical of the research dr should new says that he hopes that other independent teams can confirm their analysis because after all thats how science works reporting in new york to live each of us r. T. And we continue to worry about puerto rico its important for businesses its important for economy and its important for you know the people were very pleased to be joined by Tabitha Wallace from. Youre watching the hawks who happens to have a lot of interest in to spend a lot of time on this terrible how far weve come on puerto rico since the hurricane not as far as as i feel like we should and what a lot of people feel we should on some of the instances we did collect a lot of things stateside and overseas to help the people in puerto rico but one of the biggest issues theyve had is getting those things theyre actually shipping items so thats not a huge thing we i was in orlando just last week and i spoke to the head of the hispanic office for learning and assistance and they take on people coming from puerto rico and sort of help them in the area and that was that was a big thing for them and so much stuff to give just no way to get it there you know my wife was down there recently and she said you know they do have power in most most places but at some places its sporadic the hotels are open for business we covered some of that last week but what else do we know about how its going i mean if emo said they were going to pull out then they said no were not really going to pull out were going to stay there what else do we know about whats happening on the ground one of the biggest issues for people is as you said hotels are coming back online these kind of places are coming up but for a lot of the people that live in Rural Communities who work in those places those that those options arent there a lot of the factories closing down is a lot better than the other parts of the are right and a lot of that has to do with the fact that factories closed down places where people could work were closed down so one is power and one is having a job which is what the road is leaving some of them as evacuees to come to the United States because at this point its actually easier for them to find a job say in orlando than it is for in puerto rico you know it seems to me the boy you know its got to feel like a little bit of maybe a lot of a gut punch if youre a puerto rican youre there you see how the resources have been going to texas and florida and even california with the mudslides you know for gosh sakes the u. S. Terror to. Ory and this got to be sort of a route bomber for them doesnt it and it does and i think thats the hard part is that a these are people who hold the u. S. Passports these are people who are american citizens they have been for a very long time and for them in having to either come as evacuees to the United States and the main goal for them is they want to get home they want to go back where they are and thats a problem we need to be able to help them because truthfully theyre theyre part of the United States theyre american citizens and its an island so we owe them even more help than anybody else because its ten times harder for them to just get power up and running and i think thats where a lot of alternative energies are going to come in to play to help them out hopefully well i hope so i hope that they dont just do a bandaid approaches and they do the longer term visionary stuff im doubtful about it but with Solar Renewables because it is difficult to get there tariff wall thank you so much for sitting down with i really appreciate it. In the u. S. Its been the worst flu season in ten years and now a Japanese Company says that they have developed a pill that can cure the flu within forty eight hours that is a third shorter time period than roche a g. s a flu quickly killing the flu can also mitigate contagion of course the company that has developed the one day flu pill is Japanese Firm sean g. The japanese drug regulator is now fast tracking the drug through the Clinical Trials and the approval process and the company is expected to seek u. S. Approval from the food and Drug Administration later this year other drug makers including johnson and johnson and astra zeneca are also endeavoring to devise a quicker flu pill in the meantime wash your hands a lot. Thats it for our broadcast today be sure to catch boom bust on you tube youtube dot com slash boom bust our to see you next time. About your sudden passing ive only just learned you worry yourself in taking your last bang turn. Your out to us we all knew it would i tell you im sorry i could so i write these last words in hopes to put to rest these things that i never got off my chest. I remember when we first met my life turned on each breath. But then my feelings started to change you talked about war like it was again still some are fond of you those that didnt like to question our ark and i secretly promised to never be like it said one does not leave a funeral the same as one enters my mind its consumed with death this was different i speak to you now because there are no other takers. To claim that Mainstream Media has met its maker. In america a College Degree requires a great deal. Paying a decades long debt. And studying so hard it requires transit. Going through humiliation to enter an elite society. One parching to dead sometimes quite literally. Want other true colors of universities in the us. Some new solution in the spokesman came. This new super stallion from both of them which version of the new question is a. Little bit so up until just some awesome trial of. Comfort dont play at the sprint to get to some awesome all this. I. I i i i i i i i i am i i i i i. Breaking news here about international its been a double blow then in the space of a week for wiki leaks cofounder Julian Assange as a u. K. Court has just held is arrest warrant for the second time in a week will bring a lot of reaction from outside the court. Also to weve got an exclusive interview lined up for you with the head of the court of arbitration for sport who tries to defend the committees decision to exclude russian athletes which the court itself theyre ready cleared of doping allegations. The fact that unable to show the guilt of an athlete. Has nothing to do with the kids. More big news in. The last few hours a preliminary investigation indicating passenger jet that crashed in moscow on sunday killing all seventy one on board was caused by a faulty speed an indicator that accidently say i stop and think its based on data readings taken from the plane to plug the boxes. I am. I am. Breaking news from london im kevin are in thanks to him with us by the way britains top court has upheld the arrest warrant for wiki leaks cofounder june. In songs of the last few minutes hes one of the calls for skipping bail in the country thats what theyre used against him its the second time in a week that a song just lawyers bring in court to appeal against the war lets go to learn the get the latest live from the just a trick or bring to. The court the other side is just give us more details of the hearing and why it went away. Well kevin it was a highly anticipated ruling of course with Julian Assange and his defense team hoping that the arrest warrants against him imposed by british officials would be lifted this would have been the final hurdle legally for him to possibly be able to leave the Ecuadorian Embassy in london where hes been holed up for five and a half years now a sanchez defense team argued here in court just last week and the judge took some more time to consider some of the arguments they had made last week this same judge had decided that the arrest warrant would not be lifted based on the fact that his case his defense team or is arguing that since the swedish authorities have long drops the investigation against him so should be the arrest warrant in place in the u. K. Associated with that case the judge said that would not happen and at this hearing it was quite brief just about forty minutes the judge broke down some of the key five arguments that a songes defense team had presented and the way things stand now indeed the status quo for Julian Assange remains his arrest warrant is not going to be lifted the judge basically did not agree with any of the arguments that his defense team had presented if we walk through some of those the team had argued that Julian Assange just actions were reasonable by going inside the Ecuadorian Embassy he was trying to avoid his biggest fear of being extradited to the u. S. The judge has said that this is on reasonable because she believes thats sweden would never have extradited him to america anyway because this would have been a major diplomatic scandal according to the judge on the u. N. Ruling that had quite. Some time ago found his detention to be arbitrary the judge said that this kind of detention has to be imposed by the state and she believes that Julian Assange just staying inside the Ecuadorian Embassy based off his own will she said that he has visited visitors hes able to eat what he wants to see whom he wants and basically nobodys keeping him locked up that was her argument has to be said that in reaction to this julian a songe tweeted saying that hes only been out on the balcony that shes mentioned saying he does get access to you know fresh air and sunshine that hes been out there six times amidst high security now another argument his willingness to have been interviewed by swedish authorities throughout this whole these these last years she also said the whole thing just dragged out for weeks too long. His defense team had argued so thats his punishment has already been excessive shes also said that this is not a good enough reason to lift the arrest warrant to get the same she said that he seems to be in good enough health and that his health could be worse and lastly basically that the laws have changed since the whole time that hes been holed up in there the conclusion the judge has made here at the courthouse here in london with all of these journalists watching to see what would happen shes basically said that Julian Assange she believes wants to impose his own terms of justice that he sees himself to be above the law and that other people come to court to face consequences and this is what the judge here believes Julian Assange should have done now our understanding is that potentially this is not the end of course as his defense team is going to try to come up with further steps to take potentially appealing this decision higher up were waiting now to find out if some of them are going to come out of come out here outside the courthouse to make a statement made over till its over as they say it does not look good for doing this thanks for the for now and the sister churkin outside the court for the girl emotional look at the infant the former wife of Intelligence Officer youve been following this case from the very start the whole twists and turns of this as you say no great surprises to even julia songs tweeting just within the. Walls and looking good youre not surprised either. No i know so i mean having been involved in and having witnessed many other whistleblower connected cases over the last two decades its very rarely that anyone in that situation were in victory in the court so i dont think this is a prize either to. Like me or to it you neednt sell. That i think all the way through these years hes had such of will deal legally not least of what happened in sweden the great start of his troubles. My and he stayed in the country for six weeks of waiting interview where he didnt give an interview and was indeed given permission to leave the country and anyway he left the country that this your feet arrest warrant was issued so you know the whole thing has been incredibly illicit and i think he is right hes suspicious that the police side of this case is pointing towards an extradition with america movie facing potentially the death of course the army very is donald trump hes but hes praised in the past week you leagues as a good thing so kind of mixed messages and how does the u. S. Got on record to say that yes he will definitely be extradited. No and in fact that would have been interesting outcome if the judge would call him in unison to favor the fact. That if he were if the bell arrest warrants were dropped then there would be a very good chance that britain would have to expose whether or not there was indeed an extradition warrant wanted to do with sanction the u. S. So thats one of the things i think it is a lawyer carol here is trying to flush out the system to find out what exactly theyre going on. But of course theyre not going to find out now i think the likelihood is the u. S. Will be trying to adopt it at some point and having seen what happened to Chelsea Manning and the threats held over this it would make. Its chances on the american injustice system that if you were going for gold it would be quite difficult. And we could leave it. There for but bring us up to date your thoughts of this story is just how many martial former. Five. Focus on whats happening in seoul day for the Winter Olympics slightly better news russias added to its medal tally its got two bronze in the afternoon currently russian lead to be on the podium in four events winning four bronze and a silver medal despite a reduced number of competitors from russia following decisions by the International Olympic committee in the court of arbitration for sport over doping allegations in twenty eight cases the evidence collected was found to be insufficient to establish thats an antidoping rule violation it was committed actually its constant house a decision is a extremely disappointing. Decision of the church and the need for reform. In the interludes structure of costs to the division of the court of arbitration for sport dismissed the application filed by thirty two russian athletes against the International Olympic committee not demonstrates that the manner in which two special Commission System by the i. O. C. Was carried out in a discriminatory arbitrary or unfair manner cas overturned the lifetime ban for twenty eight russian athletes at the start of course that is the big new to him saying it actually supported the i. O. C. Is decision not to allow the athletes to compete in the winter games of course but it has been speaking exclusively with the secretary general of cass to find out more about the conflicting decisions. After the court of arbitration for sport said no to forty seven russian athletes and coaches just as the chuang winter games were getting underway perhaps the number one conclusion that came up on some peoples mind was that presumption of innocence doesnt apply to the russian doping scandal well the cast secretarygeneral did literally say that the key law principle didnt work for cas but see for yourself how much it applied to the russians the fact that the unable to show the guilt of an athlete doesnt mean that the truth has nothing to do although with the case of the innocence this is a logical consequence and this is nothing bad about it mr reeve maintains that leaving the group of clean russian athletes on paper out of the Winter Olympics isnt a sanction also i found out that the refusal of the i. O. C. To get the dozens of russian athletes on board the olympics in some cases was a result of pure suspicion and other cases it was a result of some real evidence which however mr reap hasnt seen after all he wasnt a member of the panel but the secretary general promised that this evidence will soon be published so lets wait for now lets have a look at the other highlights of my exclusive interview a casts has been shown something as a people here there was no review of every the sochi case was not discussed here the metro report was