Ill tell you what you can do to fight them off. Im ali velshi and this is real money. This is real money. You are the most important part of the show. Tell me what is on your mind by tweeting me at ali velshi. United states and five arab allies continue their pounding from the air on targets on syria. But that did not halt the advance of isil fighters in northeast syria. The fighting has sent 140,000 people fleeing across the border into turkey since last week. Many of them told of homes set on fire, prisoners beheaded by isil fighters. Meanwhile, muslim extremists all the way in algeria reportedly beheaded a french hostage to show their allegiance to isil and take r revenge on france for launches airstrikes in iraq. Airstrikes was a focus at the u. N. Supreme cour council. Leaders passed u. N. Resolution that made terrorist travel, and there is real fear within the Intelligence Community that theyre receiving training and then will return to their home countries to launch terrorist attacks on behalf of isil, alqaeda and other groups. That was the justification for tuesdays attacks against an an alqaeda cell. Khorason was nearing the execution phase of a direct attack on the United States or europe. President obama explained today the only language understood by killers like this is the language of force. We take a look at what we know about khorason. Americans find out that isil was not the only target there. And little known group identified by u. S. Officials as the Khorasan Group is also targeted by the u. S. Near aleppo. Its a group described as being linked to alqaeda veterans in afghanistan and pakistan. Its leader is on the most wanted list and has such close ties to alqaeda that he had advance notice of the 9 11 attacks. Some terrorism analysts say this group is focused on recruiting westerners to attack the west. Reports of its size range between 50 and 1 hup. The pentagon said it was targeted because it was plotting an imminent attack between the u. S. And u. S. Interests. It did not publicly mention the group until tuesday. But u. S. Genera attorney general eric holder said that the u. S. Has been monitoring them for two years. Enhanced security measures was based on concerns that we had about what the khor ason group was planning to do. Those measures came in july when the Security Administration banned uncharged phones and lab tops from some overseas flights entering the u. S. The Associated Press has reported that bun of the concerns cited by intelligence officials is that the Khorason Group has been working with alqaedas yemen affiliate testing exploding devices at airports. Citing u. S. Intelligence the president warned other war leaders i leaders of fighters pouring into syria. Mike viqueira, theyre upping the ante and ratcheting up the conversation. Its interesting that these guys have known about khorasan for a while, but theyre hard selling the world and American People on the need to attack. I watched the president every day, i have for years. I saw his speech back in may at west point. It was billed as a Foreign Policy speech and it was vintage president obama. He was intellectual. He stressed the need for diplomacy and military as a last resort. Contrast that speech with what he did tray. Almost bellicose in comparison. Language like the only language that groups like isil understand isthese killers understand is the language of force. He went on to chide some of the arab nations that are part of his kne new arab coalition, as turning the other way when people of their nations send funds to support isil and isis and other groups in the region. Remarkable session. Reports went to the Security Council for only the second time. Did he it the first time in 2009 when head of state chair a security meeting and passed through that resolution against foreign fighters. Really a remarkable day of tough talk and diplomacy. Doesnt sound like the tough talk youve heard before. Very different. This is a president who came in and said those things are over. He said were shifting our emphasis. During elections he said the same thing. Yesterday you were talking with me. And after you talked with me i talked with john nogle. He had trained iraqi fighters, and we talked about what happened. I asked how long he thought this will go on for, this new effort in iraq. Lets listen to what he told me. I predict we will be in iraq for the next 50 years. Ill be dead and gone and there will still be americans in iraq. If we do this right and leave american advisers there, the iraqi forces will be doing most of the fighting, most of the patrolling, and americans will be providing the steel backbone that will coop them on point. What happens in iraq matters to future security of the American People. This is entirely different than what president obama said when he came in and wanted to happen. This is now a president who is the very person who unseated the last time. The president and the white house acknowledge this is going to be going on well after president Obama Leaves Office in in 2017. Something else happened that pointed out what were talking today. He comes in and meets with world leaders. They have photoops of various formality. He had one with haideraled haider al abadi. They encouraged Nouri Almaliki to go. They felt he was decisive. They come in and the cameras start rolling he said we need more American Military equipment, why . Because isil took the ones we had. The Iraqi Military is not trustworthy. The reason that was there is because there was someone to fill the space. The iraqi army, but even they arent trustworthy much less the free syrian army, the vetted army that the United States and allies are going to try to train them and send them in as proxies. This is feeling like a quagmire. Mike viqueira, joining us now. The white house has released an estimate of the full cost of this new war against isil. But the pentagon said it has shelled out 560 million between june and the end of august, and it estimates daily costs averaging at least 7. 5 million. Pushing the price tag so far to some 740 million. The cost of war project is a study group consisting of study group in rhode island. It issued its first report in 2011. It updated it this june. Anita crawford is the codirector of the cost of war report. She is a professor of Political Science at boston university, she are rejects that another war will hurt americas economic recovery. Dr. Crawford. Thank you for being with us. We were not at at time we were talking about sequesters and budget cuts we were not banking on another real war. The president had been talking about scaling back a different type of war, different type of emphasis. But now were back at war and these estimates at the white house never really reflects what it costs america. Thats right. The United States has always in every war been optimistic about how much it will cost, and usually wars go on longer than you project, and they cost more than you think theyre going to cost. We were told in the past that these wars would cost 100 billion, Something Like that. Theyve actually cost ten times that. And more. So 7. 5 million a day is the pre estimate, so to speak. It will be much more than that. You heard when i was talking to Mike Viqueira a minute ago, we played a clip from last night when former lt. Col. Nagle said its going to be another 50 years. Every time we try to pull out from a place like iraq we get pulled in. This is an ongoing effort. When you take these costs, let alone the military costs, this is a lot of money. Right, and in interest costs alone this will be 7 trilliondollar over the next 50 years if it, indeed, goes on. Thats just to pay the interest on what we borrowed to pay for the wars to date. So the United States needs to have a conversation about how to pay for this because it is essentially eat up anything that the United States wants to do. The burden is huge. And if its a 50year war, frankly its a failed policy. This is already a failed policy if 13 years after we begin to go after terrorists for fighting the same alqaeda group that was involved in the 9 11 attacks. You need to rethink the strategy, its expensive and ineffective and may well be counterproductive. There are three pots you have to think about when you think about the money on war. The budget for pentagon, expenditures, the ones that are obvious. And then the ones that you study, the ancillary costs to that war. Then the third bucket, which is the bridge that doesnt get fixed. The Highway Trust Fund that doesnt get renewed. The priorities that we ignore and we cut. And the people who are most hurt by those cut priorities tend to be the least among us in society. In a way this war effort enhances inequality in our society. Thats right. What happens is when you spend money on the military, of course it creates jobs. For every billion dollars you spend you get 11,000 jobs for the military. But if you spent that same billion dollars on healthcare or education or clean energy or construction, you would get many more jobs than that. For instance, education spending would give you 26,000 jobs per billion compared to military spending, which gives you 11,000 jobs. Its an opportunity cost in terms of employment, but there is also the cost in terms of if beam tonight have jobs theyre not spending money and it send hour economy is dependent on spending by the average consumer it has a ripple affect which decreases tax revenue which we have to kick the can down the road to pay for the wars. Its a spiral. Has the group that has come together for the cost of war projects. Youre stopping short of making military recommendations, but you did say it was a flawed strategy. Im a professor of Political Science, and i can speak as well not just about the cost, but look, the president said the only thing the isisthe isil people understand is force. They also understand money. Part of the president s strategy is to cut off their financing. That will have an important affect, but there are many ways to cut off financing. Bombing may be ineffective, its an indirect strategy. Another option is to work harder to end the war in syria. Now the fact that the war in syria has gone on so long is, its a complicated, bloody mess, but thatyou need to put more effort on to that. Further, the United States should have worked harder and there is still time to work harder to democratize iraq. They have spoke about what a mess the Iraqi Military is, and how untrustworthy it is, but this was a problem that was not going to be solved in 2011. An eye for eye will not help us, but make us all blind, as gandhi said. Dr. Neta crawford, thank you. A company that might manage some of your retirement money is under investigation. Ill tell you what you need to know coming up. Keep it right here. Oscar winner alex gibneys edge of eighteen. An intimate look. Wait. Is that a camera . At the real issues facing American Teens whoa. Code red. Dreaming big. I gotta make it happen. And im gonna make it happen. Choices made. Im gonna lose anything left that i have of the mexican culture. Fighting for their future. It is imperative that i get into college. Its my last chance to get out weekday mornings on Al Jazeera America we do have breaking news this morning. Start your day with in depth coverage from around the world. First hand reporting from across the country and real news keeping you up to date. The big stories of the day, from around the world. These people need help, this is were the worst of the attack took place. And throughout the morning, get a global perspective on the news. The life of doha. This is the International News hour. An informed look on the nights events, a smarter start to your day. Mornings on Al Jazeera America a Huge Investment firm that probably manages some of your retirement money is under investigation. Im talking about Pacific Investment management company. You may know it at pimco. The sec is reportedly looking into whether pimco artificially inflated the returns of a popular fund aimed at investors. We dont know what it means for those investors but it has the potential to shake the trust that you have in a firm that manages 2 trilliondollar. The fund im talking about is the Pimco Total Return Exchange traded fund. Exchange traded funds etf, theyve become extremely popular with hedge funds and institutional investors, but this has been marketed to appeal to mom and pop investors. The etf has gained 9. 5 since it was launched in march of 2012 until the end of this august. Here is the potential problem. The wall street journal state the sec wants to know if pimco bought bonds at discounted prices but valued them at higher prices provided by outside companies. That might have made the etfs performance look better than it was, and that could mean investors got inaccurate information, that would an violation of securities laws. If you cant trust the numbers a fund company is giving you on returns, why would you ever want to give that company your money. Pimco did not respond to our calls or email, but a spokesman said that we believe our pricing procedures are entirely represent and in keeping with industry best practices. He also said that pimco has been cooperating with the Security Exchange securities. This is a big one. 222billion in assets. The Biggest Bond Fund in the world. Its in many 401k plans. That fund fell 1. 9 . On one last thing the performance of that monster mutual fund has lagged the pimco etf that is being investigated. You should not necessarily pull out of pimco or scale back on bonds. Thats according to doug flynn. He joins me now from his offices in garden city, new york. Doug, two things going on. Pimco, lots of people are invested in pimco. A lot of people dont have a lot of choices by virtue of what their companies offer. Should you be worried if youre invested in pimco right now . Well, its kind of too early to tell to be honest with you. Whether they should worry about it. That fund is managed directly by growth. So what youre paying for first is a total Bond Market Index Fund is hopefully some of the advantage that he might have. Additionally he has been able to bring Additional Return over the index. But that fund has been in outflows every month for a long time. Meaning that people have been taking their money out of the fund. Thats right. Think of yourself as portfolio manager. You sign on to your terminal that day and you decide to buy some bonds that day. Wait a second, i have to sell. Youre selling with you would normally like to be purchasing things. Thats where some of the discrepancy is. In the etf, which is new beer and smaller, they had an opportunity to buy some bonds that he might have had to sal sell on the actual mutual funds. Im going to show my viewers. Ive got a chart here. The total return fund is the orange line. Thats the big fund, the 220 million fund that people have been taking their money out. The green is the etf. The bond fund. They mimic each other, but the return in that green is positive. Its above zero, and there is space between it and the other return. What is the most local explanation . Logical explanation. The fund that is new and inflows every day that the manager signs on to the computer they get that extra cash to buy investment. He was buying securities that he thought were under valued, and then there were some possible revea r revaluation from a third party company. He could not be buying a lot if he had to be selling to pay piece theme out who were redeeming. That has nothing to do with it. Whether there were price discrepancies, that goes to the heart of this investigation, and well find out. Thats part of the problem. You dont know that yet. Generally you try to stay away from funds that are in a constant outflow scenario because they have a harder time keeping pace with the other managers and other funds that are not in that scenario. Because if theyve got to sell stuff they got to sell stuff to pay investors out, thats missing an opportunity to buy an invest in stuff. Thats right, and typically at the worst time. Let me ask you this. Interest rates are moving up. How should you be thinking about bonds in your portfolio right now . If you look in your 401k and 2013 is a great year to see the return of the bond funds that you had in your 401k. The bond market index was negative 2 . The pimco fund was just about right there. But if all the other bond funds that you have were negative in 2013 thats thie the Interest Rates went up. This year it has returned, but thats a sign, a snippet that you can expect when bond raids go up. Its time to get on the phone and call your provider and ask for a bond fund. We dont want people to be afraid that they cant invest in bonds. The stock market is getting higher, higher, some people need some fixed bonds. If your bonds were negative last year you dont have the right kind of bond funds. There are bonds and bonds fund that do well when rates go up. Im not afraid of bonds over all im afraid of regular indexing and oregon bonds funds that have the same opportunities that others do. Doug flynn joining us from garden city, long island. You might be surprised of what it is and who is getting in on it. Thats coming up. Every saturday, Al Jazeera America brings you controversial. Both parties are owned by the corporations. Entertaining its fun to play with ideas. Thought provoking get your damn education. Surprising oh, absolutely . Exclusive oneonone interviews with the most interesting people of our time. Youre listening because you want to see whats going to happen. I want to know what works what do you know works . Conversations you wont find anywhe