Innovation in manufacturing. Im ali velshi, and this is real money. This is real money. You are the most important part of the show. Show me what is on your mind ali velshi. Highlighting the precarious security situation facing the countrys oil industry which is now ranked the sixth largest exporter of oil to the rest of the world. Violent clashes broke out today around the big oil refinery , 155 miles north of the capitol of baghdad. Sunni muslim insurgents from the Islamic State in iraq and the levant, isil, surrounded the facility there. But today they tried to wrest control from troops loyal to the shia dominated government of Prime Minister nouri almaliki. The refinery is responsible for a quarter of iraqs total capacity Refining Crude Oil into gasoline and fuel to run the countrys power plants. Iraq is also a consumer of its own oil. Meanwhile, 66 miles to the north of that, to the north and east Kurdish Forces battle isil insurgents for an oil field near kirkuk. Last year the kurds seized kirkuk after government soldiers need the isil onslaught. 17 of oil comes from the north. Workers are believed to have been abducted by insurgent. Not clear if those workers work on iraqs oil installation. To the south where the majority of iraqs oil is found there is little evidence of the violence on the ground but Multi NationalOil Companies under contract to service the installation there is not taking chances for their staff. Exxonmobil and bp have started evacuate waiting personnel. Protecting employees, equipping plants from danger are essential. To describe how you do that where the risks are growing ever more complicated im joined by a man who earns a living protecting everything were mining sites, oil plants. Bill, good to see you. Good to be here. You and i were talking about this. There are a couple of things you have to look at if if youre advising or consulting the security for a company doing business in a complicated or hostile region, you have got to look at a range of possibilities, but these companies have got to know what to do when the going gets bad. When a Company Looks at what am i getting into. What are the risks and plan accordingly. We work with companies in the extraction business and other businesses who go into these place, who need to scratch the ground and there are risks with that. Can they control the risks so the return on the investment is really wise. Thats where we try to help them. This is why this is interesting to my audience. If Companies Like exxonmobil and bp start to make the decision that its not worth it, even in southern iraq even at the moment looks to be pretty stable, thats going to effect everyone around the world. These are essential industries. When oil starts to slow down in iraq, well feel it. These are essential industries, once that are on the commodities exchanges. They effect peoples pocketbooks and affect people at the gas pumps. Its really key to make sure that output finds its way down street and into the marketplace, that that is a continuous stream and uninterrupted. Not only look at the security but the continuity. What happens if we have to affect . What happens if we have to take people and intellectual property out of an environment . How can we continue our operations maybe using local nationals or whatever the scenario might be. Or in this case the stuff that you produce, thats tricky because there are some who want to bomb a refinery, and there are others who want to take over. Exactly. Certainly there is value at keeping the refineries open no matter who own them. But other people may see that an an incursion by an international. I want to wipe it out and make it more nationalistic. Looking at those scenarios. These are not ones that are playing out in iraq, but weve seen it play out across the globe whether its in africa, central and south america. These are things that they need to look at not when they occur, but they need to plan ahead of time. They talk to Companies Like yours. And you were with the fbi before that. Can you mitigate all the risks or do you need there to be an infrastructure, a governmental infrastructure. Part of the problem in iraq the soldiers fled. There wasnt enough that the country could do. Describe the relationship between the security that you and these businesses can provide versus the country . Great question. When go into an environment, to answer the first part of your question. No, you cant familiarate and manage every potential risk. But you can with those that are likely to occur. With you help thermostat apologize an we help them strategize where they are. There needs to be some substrate of support provided by the host government, whatever it may be. There may be some places that its too risky even if you could control your own compound, just the outside world being so chaotic may not allow you, your employees to get there safely or to get your product out. In most cases working with the government, putting in proper mitigation strategies business can continue. When they call you up and say what do we do, is this the time to pull out or is this a middle road. As an adviser what you say . We have 60 analysts in our company. Were constantly looking at issues like this. Were trying to understand what the impact may be to our clients, their operations. There may an staggered approach. Even if it was to come where they need to bring the employees out and slow down operations you want to do it in an orderly fashion. You may not want to wait the last minute and take every out. Do it slowly. Take out nonessential staff. See how things play out. Perhaps things improve. You can come back in, keep the business going and continuing. I assume in evacuations youre not depending on the government or security forces. No, were relying on private sector, private support, plans weve put in place to get people into helicopters or onto roadways out to airports and get out of the country safely before, before an incident occurs that shuts down those places. Bill, good to see you. Bill daley. Senior Vice President at control risks. Its a delicate balancing act, and keeping america moving in the right direction. Ill tell you more about it and what your paycheck has to do with it. Plus, what he really thinks about the stalled pipeline. Its a very unfortunate issue that has nothing to do with pipelines and energy. More of where that came from with tom donahue after this break. A Senate Committee approved the excel pipeline but that doesnt mean much. To approve the pipeline extension that would led canada ship more oil from alberta, the oil sands, to the gulf coast. President obama has delayed approving the pipeline which faces opposition from environmentalists. Some americans say todays vote was largely symbolic bass Senate Majority harry reid is unlikely to bring the bill before the full senate. This kind of political maneuvering is the problem for the man who runs the largest business in the country. Tom donahue. I asked if he exexpects the Obama Administration to approve the pipeline after the elections. I think the pipeline is an unfortunate issue that ha hasnt got a damn thing to do with new york. It has audi has to do with politics. There are hundreds and hundreds of pipelines all over the place, but because of the way we made this a political football, you know, the canadians were always going to build pipelines to their east and their west, but theyre building them now. America is making a very unfortunate series of decisions here notwithstanding that secretary clinton, when she was at state put out a thing that said okay, lets go. And others have done the same, i believe that its going to slow us down on the economic side, but more than anything else its raising questions of what do we do that are really about economics and global relationships, and what are we doing that is just domestic politics. How do you feel about cap and trade . This is an area that youve had remarkable disagreement with democrats and this administration. Now president obama moving forward with executive order, what do you think about that . Well, cap and trade never got out of the house of representatives, and wouldnt. The issues of how you cool with this country has been very, very successful in dealing with pollution, and weve been major supporters of that. Air, water, land. We never signed the kyoto accord, the united states, yet were the only industrialized nation across the world that ever achieved all of those objectives, and we spent 1. 5 trillion get going to done. Now were talking about ca carbon. We used it global warming. Then Climate Change because its not so much warming and now climate whatever. This issue, even when the president s Team Announced it they were talking about children with asthma. Well, children with asthma comes from pollution. Weve done that, and we continue to work on it. Global warming is something fundamentally different. It comes in under a new law, and its not the potential, i wont talk about science. Im telling you it has the potential to significantly reduce the vitality of the American Economy and put a lot of people out of work, and what were saying lets look at the ways we do this. Lets look at the extent we do it. Lets look at the timing, and were going to have a chance. Because that whole proposal gets a 90day Comment Period before the epa, and has an opportunity while the white house is saying that congress cant have anything to do with it, i would never tell the congress that. But you could voice your opinion right now. You dont havent to wait the 90 days. Tell us, you dont want this to go forward. I dont want this to go forward as written. Well, the keystone excel pipeline has grabbed headlines but other structures cant get anyones attention. Th americas crumbling infrastructure has a dplus. We feed to make investments in infrastructure now. Investments that pay for themselves. He was chief economist at the monetary fund. And he wrote the best selling this time its different on financial crisis around history around the world. Ken, good to talk to you. Thank you for being with us. This discussion about keystone excel. We have a lot of pipelines in this country. Thats how most of our oil moves around. But this is a perfect example of how things get bogged down. This is two sides who are not giving in an inch to each other. Well, certainly the keystone has become a litmus test where environmentalists just wanted to pose. They dont care what is given back in return. And people who want to increase oil con jump consumption availability no matter what. Its taking on a magnitude far greater than it is economically. We were just talking earlier with the Federal Reserve, the Interest Rates and how we might see them go up a year from now. We still have a low cost to borrow, and you and i have had this discussion in the past. America stands to fall behind other countries and being competitive when it comes to the infrastructure. Youve often said with the opportunity, weve had the opportunity for the last five years to at least invest. If youre going to invest in things get a return on it, and part of that return involves not using expensive money. Tell me your thoughts on this. Well, it is been a very good time to do infrastructure investment. We have a lot of unemployed construction workers. So the labor is available and ready to work. And at the same time Interest Rates are very low. And i think the difficulty has been there has been so much political paralysis they havent been able to agree on things. Its been going down private investments also very low. I think if we had more Public Infrastructure investment more investment from the public in general it would help spark private investment and get the economy going not just now but over the longer term. One of the things you talked about is investigating in projects. Infrastructure projects that pay for themselves. What sorts of things are you talking about . I think a lot of Infrastructure Projects can pay for themselves. Its speculative. You dont know what will happen, but there are many things that the u. S. Needs to do. The electricity grid hardening, software where states use completely different Computer Systems an they dont talk to each other. Obviously public transport needs to be improved in terms of improving our environment, roads and bridges are not really of the standard you see in europe. There are many, many things we could do. Schools where we could build things, and its a good time to do it, but its just incredibly disappointing how slowly things are moving. Youre right, ali, the political fighting, they just dont want to agree on anything. I think of the case of the ski tone there are legitimate differences of opinion, but even where they agree they dont seem to want to be seen as agreeing. And you have the advantage of having looked at the world. There are models out there to finance Infrastructure Improvements and innovations. What might we use in america in terms of models am are we talking about infrastructure banks, should most of this not be done at the federal level. I actually would like to see more publicprivate partnerships because there is private money available looking to investment in the united states. U. S. Money, foreign money. I think the idea of having the structure back. Not because of the money, i wouldnt put that much money in it, but we have all the lobbyists on both sides of these, one saying theyre fantastic. The others saying theyre horrible. They need to have something more like the way the Congressional Budget Office has a way of giving an opinion. In some cases at the municipal and state level, greater effectiveness than washington. Maybe the idea is not to concentrate too much on the passing of big projects but smaller things . Well, both. Certainly some states like illinois had been forced to use more private financing simply because theyre having trouble getting public financing. But i think actually you need both. Its hard for individual states necessarily to be able to house the kind of technical capacity that i think is needed here. So i think both. There are plenty of big projects, for example, as done in boston, seattle moving roads underground i think there is a big longrun pay off in those stays. Our infrastructure is very dated compared to europe. Very, very dated compared to china. Good to talk to you and hopefully someone will do something about it. Been a pleasure. Coming up next forcing Adult Children to move back in with mom and dad. Im in a position where i depend on my mother to get a roof over my head because i cant even get a job. Well example the living arrangement many boomers never dreamed about. Thats next. Guns. There are two to three million guns in a population of only 8 million people. And gun laws. After those laws came in, there have been no more mass shootings. How Different Countries decide. Their father had a gun. Their grandfather had a gun. Who has the right to bear arms . 5 days guns around the world a primetime news special series all next week only on Al Jazeera America on tech know. That is immense. There a misunderstood. Vital part of the ecosystem. Is a tiger shark. First one of the expodition can they be saved . Sharks dont eat people. Tech know, every saturday go where science meets humanity. This is some of the best driving ive every done, even though i cant see. Tech know. Were here in the vortex. Only on Al Jazeera America. Young people in their 20s who live with their baby boomer parents because they cant afford to live on their own. We know that. Its a story all too familiar following the great recession. A sign of the times. But now were hearing about baby poolers facing financial hardships, moving in with their elderly parents. Theyre called baby boomerangs and their ranks are growing. Jeannine has a list of chores to do. This afternoon she has work on the front lawn. But its not her front lawn. Its her mothers. 40 years after jeannine did chores as a teenager shes back at home. This is when i was a teenager, i grew up here. This was my bedroom. Now its my mothers bedroom. Rosales now lives in the basement already struggle to go make a career switch back in 2009 she was tired of her job as an office manager, the financial crisis meant opportunities dried up and she suddenly found herself unemployed and homeless. Im in a position where i need to depend on my mother so i can have a roof over my head because i cant even get a job. Jeannine is just one of many baby boomers in california who have moved back in with their parents, and their numbers are growing. In the past decade 200,000 older californians have moved only as 68 increase. While millennials suffer from proven job experience, the baby boomers face discrimination. When youre 50 and older finding a job is that much harder. You see people losing their homes, their jobs, and then longterm joblessness. Rosales waited until all her other options ran out before making the big move. I had nowhere to go. She was beginning to get sick. She needed more care. She needed company. And help. She now pays her way to live at home in part by fixing up the house, working on different projects. For now rosales has given up and is not actively looking for a job. Sometimes its wonderful. [ chuckling ] other times it drives me nuts. Oftentimes the dynamics and their children dont change that much from when they were teenagers. We clashed this morning. We do clash. Were always going to clash. Im someone who doesnt like to be told how to do things, and im 53 years old. Excuse me, but im not a child. Im not a baby. Now that her mother has alzheimers, rosales has a compelling reason to sta stay at home. In these tough Economic Times she is certainly not alone. The leading national expert, you saw him in melissas piece. Professor, good to see you, is this really a trend . Yes, this is a trend were seeing particularly in california where you have a combination of high levels of unemployment combined with the housing crisis that has led for a lot of people to lose their homes. But the crisis is a national phenomenon. The sit