Transcripts For FBC Risk And Reward With Deidre Bolton 20170

FBC Risk And Reward With Deidre Bolton August 25, 2017

This has President Trump faces a political storm in d. C. , a culture war raging across the country as the president starts barnstorming the country next week for jobs and tax cuts. Welcome to risk and reward im elizabeth mcdonald. Now to the culture war underway across the u. S. Here is some of the headlines in the culture war. New york city mayor bill deblasi o wants to take down a statue of Christopher Columbus even though few in new york are complaining of that statue is even a problem and supporters of Football Player Colin Kaepernick demonstrating at nfl offices calling for a boycott because no Football Team has hired Colin Kaepernick yet and a black student leader says the usc mascot is a symbol of White Supremacy and again no one complaining about that either. In fact you dont hear nancy pelosi or Chuck Schumer or the Congressional Black Caucus saying any are the problems. The culture war is the problem and that dont put food on the table. Everybody knows the kkk and natzis are poison everyone agrees but this is what about is good in america and whats bad. Whats good are the blue collar and middle class workers. Those workers feel like the media is ignoring them ignoring their families. Theyre saying and tired of being iced out and frozen out and you hear politicians in the media giving up on them ignoring them when a jobless rate of 4. 8 is cheered and applauded when the families know the real Unemployment Rate is actually 9. 5 because they are struggling working three part time jobs even more. They know that. That 9. 5 rate counts part timer s and those seeking full time work. And that number is so shockingly higher than the 20 year average. Thats why the president is barn storming next week for tax cuts, jobs and growth. Hes going to start out in springfield, missouri. Tonight a guest who says Economic Growth and jobs for real every day americans is exactly what the nation needs. It could stop the deviciveness and bring unity. First up chaotic flooding, power outages, the u. S. Oil gas sector getting hit hard in texas and chaos in the stores as customers fight over things like water in preparation for Hurricane Harvey. The state of emergency in 30 counties in texas and the National Guard has been activat ed as governor greg abbot t tweets out he is speaking with the president that wind speeds could notch 130 miles an hour and maybe 41 inches of rain could hit texas and the coast. Lets bring in weather bell. Com meteorologist joining me now with the latest. Joe . Well, this storm continues to intensify and well be making landfall around 1012 00 this evening pretty close to rockport , texas which is a town that is north of Corpus Christi. Now there is a Silver Lining to this cloud here in that it is not going to hit Corpus Christi directly. Corpus christi is getting hurricane conditions but they will be spared the worst of the storm liz because if it had gone in just to the south of that it would have driven all that water into the bay and back into the city and instead it goes east of them so the wind will turn to the northwest there. Its going also into an area which is relatively sparsely populated and for good reason. If any of you know anything about texas weather war, there was a town called indianola, one of the biggest ports on the gulf coast and it was hit twice by major hurricanes in the 1800s so they said well lets just move this port up to houston and galveston and thats the story behind houston and galveston, indianola getting hit by hurricanes like that. The moral of the story is this is a disastrous storm but right now, the first leg of the storm is missing the heavilypopulated area of Corpus Christi im talking about the worse case there. The problem we have next week is coming back out over the water monday and then we have to see if it intensifies coming northeast to galveston and houston. It is a prolonged siege with amazing amounts of rain as you brought up and in the houston area, rainfall amounts could approach what happened in allison and of course those of you in the houston area know how bad it got during allison. Liz thank you, joe. Really appreciate your reporting there thanks for coming on. Now to mondays her Hurricane Harvey barreling towards texas could be the worst weather system to hit the u. S. In almost 12 years, possibly more than three feet of rain could be dumped on the area. Its also threatening huge chunk s of the u. S. Oil gas refining and production sector. U. S. Oil prices edging up, 0. 44 settling at about 47 a barrel as the gulf coast braces for the hurricane. Gas hitting a five month high and the average for gas prices at 2. 35 for a gallon of regular thats up 0. 15 versus a year ago. Now refinery stocks closing mixed today look at shell, exxonmobile in the green and anadarko in the red. Price Futures Group Senior Market analyst and he is a fox business contributor look whose here, phil flynn with the latest and phil, five refineries shutdown already ahead of the hurricane. Its really slow moving storm, pipelines could be flooded. How much could gas prices go up here what do you think . Well, i think normally were projecting anywhere from 15 to 0. 25 a gallon and it could be sharp, it could be fast and it could come down quite as fast but we really dont know because this storm is really tricky. One of the concerns that i have about this storm is its reports that its going to go on to land , bounce off and really hang out in the gulf of mexico and weve learned from other hurricanes like that that just hang around, they can do a lot of damage to energy infrastructure. When i hear about a slow moving storm it reminds me of hurricane ivan which was a really damaging storm. Not so much because it was a big storm but it hung around a long time. It took out a lot of plant forms it did a lot of damage to underground infrastructure and if that happens again i think were going to see prices high for a longer period of time. Liz at what 0. 25 higher or what . Yeah, i think 0. 25 is the number were hearing from a lot of people that would be reasonable and then you have to look at is it sustainable . You know, are people going to drive . Are we going to see demand destruction . Are roads flooded, can people go to work and if you remember on Hurricane Katrina we had a huge spike in gasoline prices that soared but then it collapsed because everybody stayed home to watch what was happening on tv and nobody went out for labor day. Liz phil theres another oil related story. President trump signed an executive order banning u. S. Banks from doing any bond or equity deals with venezuelas Big Oil Company petavesa. Nicholas maduro financed his regime in venezuela through economic miss management, corruption, and the assumption of onerous debt. Let me be clear. Todays action is focused on restricting the regimes access to american debt and equity markets. Liz i mean this could be the nail in the coffin to the socialistic dictator nicholas maduros regime. On top of Hurricane Harvey what does this do to gas prices because venezuela we get a lot of oil from venezuela. What do you think . We do and this is going to be a problem because right now, their Oil Production is already crumbeling and they need to borrow money to keep the oil being produced and even though we arent saying we arent going to take your oil, they arent able to produce it unless they get a lot of cash. The problem is, you know we keep hearing about all this Oil Inventory that we have in this country. The truth of the matter is we do have a lot of oil but a lot of it is light oil. Our refiners are not very good at refining light oil. They love that heavy venezuelan oil. Thats what theyre used to refining and were seeing supplies of that heavy oil get really tight and when the refiners have to start paying more for what used to be cheap oil from venezuela, that means its going to cost more for you to fill up your gas tank at the pump. Liz good point phil and also , you know, venezuela could be pushed into default because of this sanctions on petavesa. Thank you, phil flynn always good to see you sir. Thank you. Liz now to the political storm in d. C. But first we want to get to your money the dow closing higher up 30 points on tax reform hopes, notching its first weekly gain in three weeks President Trump will barnstorm for tax cuts, jobs and growth in springfield, missouri starting next week, shortly before Congress Returns to weigh his tax cut proposals including a tax cut for Small Businesses and the middle class. Trump hoping to fulfill a campaign promise. Listen. The president stands ready with pen in hand to sign into law meaningful consequential indeed historic tax reform and tax relief. Liz missouris a key state of 2018 midterms, could decide the balance of power in the senate. That democrat representative tim ryan jumping on board for tax cuts look at this. He is sounding like a kennedy democrat. Listen. I think we need to simplify the tax code. I think we need to lower the Corporate Tax rate. We cant just be the party of redistribution of wealth. Weve got to be the party of creation of wealth. Liz and look whose here economist ben stein with me now good to see you ben. Honored to be here. Liz finally president barn storming for tax cuts. What do you think . I think we need tax cuts in terms of ending, not just cutting but ending the Corporate Tax rate at all. There should be no tax on corporate earnings. It should be tax directly to the owners of the corporation so that should just go right out the window. The economy is incredibly strong unbelievably strong. I dont think we need tax cuts for the rich. I dont think we need tax cuts for the upper middle class. The lower middle class is not paying any tax already. The main push i think we need is on getting rid of the Corporate Income tax but lets not get ourselves, this economy is incredibly strong and even with the tax setup that mr. Obama left us, we are a very very very Strong Economy and we are pulling the whole rest of the world with our strength. Liz you know, a reality check from tim ryan for the democrats, you sound like a ken ediadem o contract. 5 growth is what john f. Kennedy was talking about. But all of the platforms, my point is all of the platforms of the democrats since the 50s up until obama were about small government and tax cuts, right . Well president kennedy whom im probably the only person on this set old enough to remember president kennedy wanted to have important tax cuts. He never got them before he was assassinated but then president johnson pushed them through and we should have Corporate Tax cuts for corporations but we dont need Corporate Tax cuts for rich people. Rich people are already terribly terribly rich and by the way some of you are mentioning as the show was beginning was the large number of people are unemployed and are voluntarily unemployed. That is not really President Trumps fault in any way whatsoever. Liz were not saying that, but you know he is trying to get jobs for them. That was the point. We have breaking news for you, and Robert Mueller is examining what role if any former National Security advisor mike flynn may have played in a private effort to obtain Hillary Clintons email from Russian Hackers. Thats according to people familiar with the matter. Ben you hear the news there what do you think . I think that mr. Flynn is in a lot of trouble and i hope he has very good lawyers. If hes trying to get information that was secret or even colorable secret from russia almost said the soviet union wonder why i thought of that, theres something seriously wrong. He is a very aggressive guy. Obviously mr. Trump had a fondness for him and hes gotten mr. Trump into nothing but trouble. Id just like to see him get really good lawyers and i think good lawyers are going to be able to beat everything going on with him but hes a guy who signed on, tried to do the best he could. He just made a number of mistakes. Liz ben im so sorry we had to get to the breaking news id like to finish your thought. Go ahead. My thought basically is that the economy is doing very very well. Im sorry that theres all this brewhaha about gary cohen, and about him possibly leaving the president s staff. I dont think he understood that mr. Trump is the most anti racist nonhating person theres ever been in the white house. This is a man who does not have a racist bone in his body and the idea of calling him a racist and people saying oh, weve got to quit because hes a racist is just it just makes me sick because this is a guy whose a pure soul. Liz i just want to get back to tim ryan because those voices have been squashed. The tax cut voices and the growth voices and the Democrat Party for some time. Ben, watching this unfold for the last year, it looks like the democrats that were in the identity crisis, the obama and Elizabeth Warren you didnt build that all governmental the time democrats building these regulatory moss lee ums for the economy. Democrats were for growth and Smaller Government tax cuts. Every president ial season from kennedy through the year of 2004 2008, right . Well fdr wasnt for that and truman wasnt for that but the democrats had a very responsible position about tax cuts and about tax in general for a long long time. I have to say senator warren is the biggest gift to the Republican Party could ever have had because she talks more nonsense and more obvious nonsense than any person has ever talked on the national stage. She and Maxine Waters are really up there together in talking nonsense. If the republicans were paying them they couldnt do a better job for the republicans. Liz ben trump is launching this push in missouri he won it by 19 points home to democrat senator clair mccaskill. She faces a tough 2018 re election fight right . Very very tough and i think mr. Trump will do extremely well there and pull the party along. I would not want to be i guess if ms. Mccaskill is a senator she gets a good retirement money and can become a lobbyist but missouri is a solidly republican state for a long time to come. Its honor to be here and god bless the nice people in texas. Hope things go well. Liz thank you, ben. We are less than an hour away from this story. The super fight weigh in. Mayweather and mcgregor to take the stage in las vegas. Well bring that to you live and also viewer discretion advised. We have a disturbing new video thats showing High School Cheerleaders screaming in pain as their coach forces them to do splits. Weve got the details and the fallout, but first the mayor of venice, italy ordering its police to shoot anyone on site who shouts in st. Marks square rather than risk a terror attack thats what hes telling his cop s. We have former florida congressman retired lieutenant crenel alan west who will react, next dont go away. When heartburn hits fight back fast with tums chewy bites. Fast relief in every bite. Crunchy outside. Chewy inside. Tum tum tum tum tums chewy bites. Ronoh really . Gs going on at schwab. Thank you clients . Well jd power did just rank them highest in Investor Satisfaction with full Service Brokerage firms. Again. And online equity trades are only 4. 95. I mean you cant have low cost and be full service. Its impossible. Its like having your cake and eating it too. Ask your broker if they offer awardwinning full service and low costs. How am i going to explain this . If you dont like their answer, ask again at schwab. Schwab, a modern approach to wealth management. [ male announcer ] with customink, you can design custom tshirts and other great products for every occasion from the first day of school to game day and everything in between. With the best collection of styles and graphics to choose from, its easy to go online and create custom tshirts and more for all of lifes events. [ all shouting ] get Free Shipping and ontime delivery guaranteed. Go to customink. Com to get started today. Track your pack. Set a curfew, or two. Make dinnertime device free. [ music stops ] [ music plays again ] a smarter way to wifi is awesome. Introducing xfinity xfi. Amazing speed, coverage and control. Change the way you wifi. Xfinity. The future of awesome. Your insurance on time. Tap one little bumper, and up go your rates. What good is having insurance if you get punished for using it . News flash nobodys perfect. For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Switch and you could save 782 on home and auto insurance. Call for a free quote today. Liberty stands with you™ Liberty Mutual insurance. Liz breaking news on the wall street journal. Special council Robert Mueller is examining what role if any former National Security advisor Michael Flynn may have played in a private effort to obtain the 33,000 emails that were deleted from President Trump<\/a> faces a political storm in d. C. , a culture war raging across the country as the president starts barnstorming the country next week for jobs and tax cuts. Welcome to risk and reward im elizabeth mcdonald. Now to the culture war underway across the u. S. Here is some of the headlines in the culture war. New york city mayor bill deblasi o wants to take down a statue of Christopher Columbus<\/a> even though few in new york are complaining of that statue is even a problem and supporters of Football Player<\/a> Colin Kaepernick<\/a> demonstrating at nfl offices calling for a boycott because no Football Team<\/a> has hired Colin Kaepernick<\/a> yet and a black student leader says the usc mascot is a symbol of White Supremacy<\/a> and again no one complaining about that either. In fact you dont hear nancy pelosi or Chuck Schumer<\/a> or the Congressional Black Caucus<\/a> saying any are the problems. The culture war is the problem and that dont put food on the table. Everybody knows the kkk and natzis are poison everyone agrees but this is what about is good in america and whats bad. Whats good are the blue collar and middle class workers. Those workers feel like the media is ignoring them ignoring their families. Theyre saying and tired of being iced out and frozen out and you hear politicians in the media giving up on them ignoring them when a jobless rate of 4. 8 is cheered and applauded when the families know the real Unemployment Rate<\/a> is actually 9. 5 because they are struggling working three part time jobs even more. They know that. That 9. 5 rate counts part timer s and those seeking full time work. And that number is so shockingly higher than the 20 year average. Thats why the president is barn storming next week for tax cuts, jobs and growth. Hes going to start out in springfield, missouri. Tonight a guest who says Economic Growth<\/a> and jobs for real every day americans is exactly what the nation needs. It could stop the deviciveness and bring unity. First up chaotic flooding, power outages, the u. S. Oil gas sector getting hit hard in texas and chaos in the stores as customers fight over things like water in preparation for Hurricane Harvey<\/a>. The state of emergency in 30 counties in texas and the National Guard<\/a> has been activat ed as governor greg abbot t tweets out he is speaking with the president that wind speeds could notch 130 miles an hour and maybe 41 inches of rain could hit texas and the coast. Lets bring in weather bell. Com meteorologist joining me now with the latest. Joe . Well, this storm continues to intensify and well be making landfall around 1012 00 this evening pretty close to rockport , texas which is a town that is north of Corpus Christi<\/a>. Now there is a Silver Lining<\/a> to this cloud here in that it is not going to hit Corpus Christi<\/a> directly. Corpus christi is getting hurricane conditions but they will be spared the worst of the storm liz because if it had gone in just to the south of that it would have driven all that water into the bay and back into the city and instead it goes east of them so the wind will turn to the northwest there. Its going also into an area which is relatively sparsely populated and for good reason. If any of you know anything about texas weather war, there was a town called indianola, one of the biggest ports on the gulf coast and it was hit twice by major hurricanes in the 1800s so they said well lets just move this port up to houston and galveston and thats the story behind houston and galveston, indianola getting hit by hurricanes like that. The moral of the story is this is a disastrous storm but right now, the first leg of the storm is missing the heavilypopulated area of Corpus Christi<\/a> im talking about the worse case there. The problem we have next week is coming back out over the water monday and then we have to see if it intensifies coming northeast to galveston and houston. It is a prolonged siege with amazing amounts of rain as you brought up and in the houston area, rainfall amounts could approach what happened in allison and of course those of you in the houston area know how bad it got during allison. Liz thank you, joe. Really appreciate your reporting there thanks for coming on. Now to mondays her Hurricane Harvey<\/a> barreling towards texas could be the worst weather system to hit the u. S. In almost 12 years, possibly more than three feet of rain could be dumped on the area. Its also threatening huge chunk s of the u. S. Oil gas refining and production sector. U. S. Oil prices edging up, 0. 44 settling at about 47 a barrel as the gulf coast braces for the hurricane. Gas hitting a five month high and the average for gas prices at 2. 35 for a gallon of regular thats up 0. 15 versus a year ago. Now refinery stocks closing mixed today look at shell, exxonmobile in the green and anadarko in the red. Price Futures Group<\/a> Senior Market<\/a> analyst and he is a fox business contributor look whose here, phil flynn with the latest and phil, five refineries shutdown already ahead of the hurricane. Its really slow moving storm, pipelines could be flooded. How much could gas prices go up here what do you think . Well, i think normally were projecting anywhere from 15 to 0. 25 a gallon and it could be sharp, it could be fast and it could come down quite as fast but we really dont know because this storm is really tricky. One of the concerns that i have about this storm is its reports that its going to go on to land , bounce off and really hang out in the gulf of mexico and weve learned from other hurricanes like that that just hang around, they can do a lot of damage to energy infrastructure. When i hear about a slow moving storm it reminds me of hurricane ivan which was a really damaging storm. Not so much because it was a big storm but it hung around a long time. It took out a lot of plant forms it did a lot of damage to underground infrastructure and if that happens again i think were going to see prices high for a longer period of time. Liz at what 0. 25 higher or what . Yeah, i think 0. 25 is the number were hearing from a lot of people that would be reasonable and then you have to look at is it sustainable . You know, are people going to drive . Are we going to see demand destruction . Are roads flooded, can people go to work and if you remember on Hurricane Katrina<\/a> we had a huge spike in gasoline prices that soared but then it collapsed because everybody stayed home to watch what was happening on tv and nobody went out for labor day. Liz phil theres another oil related story. President trump signed an executive order banning u. S. Banks from doing any bond or equity deals with venezuelas Big Oil Company<\/a> petavesa. Nicholas maduro financed his regime in venezuela through economic miss management, corruption, and the assumption of onerous debt. Let me be clear. Todays action is focused on restricting the regimes access to american debt and equity markets. Liz i mean this could be the nail in the coffin to the socialistic dictator nicholas maduros regime. On top of Hurricane Harvey<\/a> what does this do to gas prices because venezuela we get a lot of oil from venezuela. What do you think . We do and this is going to be a problem because right now, their Oil Production<\/a> is already crumbeling and they need to borrow money to keep the oil being produced and even though we arent saying we arent going to take your oil, they arent able to produce it unless they get a lot of cash. The problem is, you know we keep hearing about all this Oil Inventory<\/a> that we have in this country. The truth of the matter is we do have a lot of oil but a lot of it is light oil. Our refiners are not very good at refining light oil. They love that heavy venezuelan oil. Thats what theyre used to refining and were seeing supplies of that heavy oil get really tight and when the refiners have to start paying more for what used to be cheap oil from venezuela, that means its going to cost more for you to fill up your gas tank at the pump. Liz good point phil and also , you know, venezuela could be pushed into default because of this sanctions on petavesa. Thank you, phil flynn always good to see you sir. Thank you. Liz now to the political storm in d. C. But first we want to get to your money the dow closing higher up 30 points on tax reform hopes, notching its first weekly gain in three weeks President Trump<\/a> will barnstorm for tax cuts, jobs and growth in springfield, missouri starting next week, shortly before Congress Returns<\/a> to weigh his tax cut proposals including a tax cut for Small Businesses<\/a> and the middle class. Trump hoping to fulfill a campaign promise. Listen. The president stands ready with pen in hand to sign into law meaningful consequential indeed historic tax reform and tax relief. Liz missouris a key state of 2018 midterms, could decide the balance of power in the senate. That democrat representative tim ryan jumping on board for tax cuts look at this. He is sounding like a kennedy democrat. Listen. I think we need to simplify the tax code. I think we need to lower the Corporate Tax<\/a> rate. We cant just be the party of redistribution of wealth. Weve got to be the party of creation of wealth. Liz and look whose here economist ben stein with me now good to see you ben. Honored to be here. Liz finally president barn storming for tax cuts. What do you think . I think we need tax cuts in terms of ending, not just cutting but ending the Corporate Tax<\/a> rate at all. There should be no tax on corporate earnings. It should be tax directly to the owners of the corporation so that should just go right out the window. The economy is incredibly strong unbelievably strong. I dont think we need tax cuts for the rich. I dont think we need tax cuts for the upper middle class. The lower middle class is not paying any tax already. The main push i think we need is on getting rid of the Corporate Income<\/a> tax but lets not get ourselves, this economy is incredibly strong and even with the tax setup that mr. Obama left us, we are a very very very Strong Economy<\/a> and we are pulling the whole rest of the world with our strength. Liz you know, a reality check from tim ryan for the democrats, you sound like a ken ediadem o contract. 5 growth is what john f. Kennedy was talking about. But all of the platforms, my point is all of the platforms of the democrats since the 50s up until obama were about small government and tax cuts, right . Well president kennedy whom im probably the only person on this set old enough to remember president kennedy wanted to have important tax cuts. He never got them before he was assassinated but then president johnson pushed them through and we should have Corporate Tax<\/a> cuts for corporations but we dont need Corporate Tax<\/a> cuts for rich people. Rich people are already terribly terribly rich and by the way some of you are mentioning as the show was beginning was the large number of people are unemployed and are voluntarily unemployed. That is not really President Trump<\/a>s fault in any way whatsoever. Liz were not saying that, but you know he is trying to get jobs for them. That was the point. We have breaking news for you, and Robert Mueller<\/a> is examining what role if any former National Security<\/a> advisor mike flynn may have played in a private effort to obtain Hillary Clintons<\/a> email from Russian Hackers<\/a>. Thats according to people familiar with the matter. Ben you hear the news there what do you think . I think that mr. Flynn is in a lot of trouble and i hope he has very good lawyers. If hes trying to get information that was secret or even colorable secret from russia almost said the soviet union wonder why i thought of that, theres something seriously wrong. He is a very aggressive guy. Obviously mr. Trump had a fondness for him and hes gotten mr. Trump into nothing but trouble. Id just like to see him get really good lawyers and i think good lawyers are going to be able to beat everything going on with him but hes a guy who signed on, tried to do the best he could. He just made a number of mistakes. Liz ben im so sorry we had to get to the breaking news id like to finish your thought. Go ahead. My thought basically is that the economy is doing very very well. Im sorry that theres all this brewhaha about gary cohen, and about him possibly leaving the president s staff. I dont think he understood that mr. Trump is the most anti racist nonhating person theres ever been in the white house. This is a man who does not have a racist bone in his body and the idea of calling him a racist and people saying oh, weve got to quit because hes a racist is just it just makes me sick because this is a guy whose a pure soul. Liz i just want to get back to tim ryan because those voices have been squashed. The tax cut voices and the growth voices and the Democrat Party<\/a> for some time. Ben, watching this unfold for the last year, it looks like the democrats that were in the identity crisis, the obama and Elizabeth Warren<\/a> you didnt build that all governmental the time democrats building these regulatory moss lee ums for the economy. Democrats were for growth and Smaller Government<\/a> tax cuts. Every president ial season from kennedy through the year of 2004 2008, right . Well fdr wasnt for that and truman wasnt for that but the democrats had a very responsible position about tax cuts and about tax in general for a long long time. I have to say senator warren is the biggest gift to the Republican Party<\/a> could ever have had because she talks more nonsense and more obvious nonsense than any person has ever talked on the national stage. She and Maxine Waters<\/a> are really up there together in talking nonsense. If the republicans were paying them they couldnt do a better job for the republicans. Liz ben trump is launching this push in missouri he won it by 19 points home to democrat senator clair mccaskill. She faces a tough 2018 re election fight right . Very very tough and i think mr. Trump will do extremely well there and pull the party along. I would not want to be i guess if ms. Mccaskill is a senator she gets a good retirement money and can become a lobbyist but missouri is a solidly republican state for a long time to come. Its honor to be here and god bless the nice people in texas. Hope things go well. Liz thank you, ben. We are less than an hour away from this story. The super fight weigh in. Mayweather and mcgregor to take the stage in las vegas. Well bring that to you live and also viewer discretion advised. We have a disturbing new video thats showing High School Cheerleaders<\/a> screaming in pain as their coach forces them to do splits. Weve got the details and the fallout, but first the mayor of venice, italy ordering its police to shoot anyone on site who shouts in st. Marks square rather than risk a terror attack thats what hes telling his cop s. We have former florida congressman retired lieutenant crenel alan west who will react, next dont go away. When heartburn hits fight back fast with tums chewy bites. Fast relief in every bite. Crunchy outside. Chewy inside. Tum tum tum tum tums chewy bites. Ronoh really . Gs going on at schwab. Thank you clients . Well jd power did just rank them highest in Investor Satisfaction<\/a> with full Service Brokerage<\/a> firms. Again. And online equity trades are only 4. 95. I mean you cant have low cost and be full service. Its impossible. Its like having your cake and eating it too. Ask your broker if they offer awardwinning full service and low costs. How am i going to explain this . If you dont like their answer, ask again at schwab. Schwab, a modern approach to wealth management. [ male announcer ] with customink, you can design custom tshirts and other great products for every occasion from the first day of school to game day and everything in between. With the best collection of styles and graphics to choose from, its easy to go online and create custom tshirts and more for all of lifes events. [ all shouting ] get Free Shipping<\/a> and ontime delivery guaranteed. Go to customink. Com to get started today. Track your pack. Set a curfew, or two. Make dinnertime device free. [ music stops ] [ music plays again ] a smarter way to wifi is awesome. Introducing xfinity xfi. Amazing speed, coverage and control. Change the way you wifi. Xfinity. The future of awesome. Your insurance on time. Tap one little bumper, and up go your rates. What good is having insurance if you get punished for using it . News flash nobodys perfect. For drivers with accident forgiveness, Liberty Mutual<\/a> wont raise your rates due to your first accident. Switch and you could save 782 on home and auto insurance. Call for a free quote today. Liberty stands with you\u2122 Liberty Mutual<\/a> insurance. Liz breaking news on the wall street journal. Special council Robert Mueller<\/a> is examining what role if any former National Security<\/a> advisor Michael Flynn<\/a> may have played in a private effort to obtain the 33,000 emails that were deleted from Hillary Clintons<\/a> email server. Apparently tried to contact or rather he is being portrayed as working with a republican operative to get those emails from Russian Hackers<\/a>. The thinking is that this is sort of like dirty tricks politics, to basically embarrass Hillary Clinton<\/a> if those 33,000 emails again deleted by Hillary Clinton<\/a> and if any information on say the Clinton Foundation<\/a> or benghazi. With more on this is legal curt, you hear the breaking news what do you think . Well first of all, if its true its a big nothing. Isnt this what mueller was supposed to be investigating in the first place . For once it seems remotely connected to something having to do with collusion between the Trump Campaign<\/a> and the russians so wow its nice to see theyre actually doing something within the scope of their endeavors, but here is the thing that gets me. What kind of unprofessional clown car show inch. Liz investigators discloses the targets of their investigations . This isnt just a leak. This is leaking like a siv. Its leaking like a fire hydrant i cant believe the unprofessional lack of integrity assuming it really is from people on connected with the investigation by special council mueller. I think its disgraceful that this stuff is coming out and this just is going to reinforce what many millions of americans think that this is just a witch hunt. Liz the wall street journal reporting that mr. Smith was working with senior Trump Campaign<\/a> officials including allegedly this is what this peter smith claims, according to the correspondents working with Kellyanne Conway<\/a> and steve bannon. Whats the severity of this that they were trying to obtain deleted Hillary Clinton<\/a> emails, the 33,000 that were deleted in order to basically it looks like a dirty tricks campaign. Whats the severity of this in context of this grand jury probe into collusion . Im still trying to figure out what crime is being committed by trying to, to do what theyre saying he did but look this guy is saying this 81 year old whose now dead so everything he said is just here say, hes saying oh, im working with Kellyanne Conway<\/a> and steve bannon. You know, liz, i get emails every day from random weird obsessions wanting me to tune into their fettish dejour, and i dont know if these guys are out there claiming to be working with me because they sent me some long rambling email that doesnt make any sense, so id like to ask mr. Smith what hes doing but of course mr. Smith has gone to his reward so to me this seems like a whole lot of nothing. Liz you know, theyre also trying to basically ascertain whether or not there was payments made for the emails, this guy smith setup a limited Ability Company<\/a> to sort of hide his tracks. I mean, when you look at this, the investigators are really have a very broad mandate, kurt, and now to your point it locks like they leaked a story and we dont hear any corroboration other than peter smith saying this is going on. Well, yeah. We have this strange gentleman who has passed on. We dont know it says long time republican activist. Look, if youve been around Political Parties<\/a> you know a lot of long time political activists are a little touched sometimes if you know what im saying. Im not saying this guy was but its possible he was a weird prank but we just dont know. Instead we get examining what role, if any, mike flynn may have played so theres a possibility that perhaps theres a chance of maybe something possibly being maybe a little bit not right. Thats a whole lot of nothing. Liz to your point peter smith according to the wall street journal on may 14 about 10 days after the interview with the newspaper basically passed away. He reportedly asphyxiated himself in a hotel room in rochester, minnesota. To your point he was 81 years old, mr. Smith has passed away. Curt schlichter, thanks so much for your analysis. Appreciate it. Thanks for having me. Liz now to florida former congressman retired lieutenant crenel alan west. What do you make of the story breaking about mike flynn and Russian Hackers<\/a> and Hillary Clintons<\/a> 33,000 deleted emails and apparently trying to get them . Obviously you have a news cycle trying to bring more attention against President Trump<\/a> in a negative manor, but the real question is why did she delete 33,000 emails and tear up all of these hard drives and cell phones in the first place and when are we going to have anyone that looks into her collusion with russia as far as this uranium deal she did. Liz switching gears, the mayor of venice, italy orders his police to shoot anyone on site who shouts in st. Marks square, rather than risk a terror attack. Here is the mayor luigi saying anyone who shouts out in st. Marks square can expect to be gunned down by snipers within four paces. They said they wanted to go and meet ala, so we will send them straight to ala. Taking a look at stocks, we have raytheon, Lockheed Martin<\/a> ending in the green and l3 technologies ending in the red. Crenel the mayor says four terrorists were arrested in venice a few months ago and wanted to blow up the rialto bridge. He admitted hes not being politically correct but is his blunt language whats needed now just my first tour of duty was in italy about an hour and 15 minutes north of venice and i remember the first time i went to see that beautiful city and crossed over over the rialto bridge and i think you have a mayor looking at tough proactive language to make sure the terrorists understand. This is not a place that youre going to be allowed to come and enact any type of terrorists activity and i think that comes off of the heels of them discovering this plot against the are alt o bridge. You know, we just saw President Trump<\/a> have some very tough language with kim jong un and i think we have to realize with people such as islamic jihad, you cant have this nuance language you have to talk very tough. Liz pretty blunt language from the mayor of venice. Crenel alan west thank you for your service to our country. Thank you. Liz wall street journal again reporting that special council Robert Mueller<\/a> is examining what role if any former National Security<\/a> advisor Michael Flynn<\/a> may have played in a private effort to get Hillary Clintons<\/a> 33,000 deleted emails were going to bring you the developing details. Also viewer discretion advised. A disturbing video. High School Cheerleaders<\/a> screaming in pain. Their coach is forcing them to do splits weve got the details and we also have look whose here congresswoman marsha blackburn, here to respond to both of those stories after this. [brother] any last words . [boy] karma, danny. Karma [vo] progress is seizing the moment. Your summer moment awaits you, now that the summer of audi sales event is here. Audi will cover your first months lease payment on select models during the summer of audi sales event. Is l Transaction Secure<\/a> from hacks and threats others cant see. This is a skyscraper whose elevators use iot data and ai to help thousands get to work safely and efficiently. This is not the cloud you know. This is the ibm cloud. The ibm cloud is the cloud for enterprise. Yours. You have cancer . Start with a specialist. Start where youll find advanced technology, precision Treatment Options<\/a> and truly compassionate care. Start here with a team of experts who treat only cancer. Every stage. Every day. Its not one thing we do. Its the only thing we do. Start at Cancer Treatment<\/a> centers of america. The evolution of cancer care is here. Learn more at cancercenter. Com experts Appointments Available<\/a> now. My business was going nowhere. So i built this kickin new website with godaddy. Building a website in under an hour is easy 68 of people. Who have built their website using gocentral, did it in. Under an hour, and you can too. Type in your business or idea. Pick your favourite design. Personalize it with beautiful images. And. Youre done and now business is booming. Harriet, its a double stitch not a cross stitch build a better website in under an hour. Free to try. No credit card required. Gocentral from godaddy. Elizabeth more on the wall street journal reporting special counsel Robert Mueller<\/a> is examining what role, if any, former National Security<\/a> adviser Michael Flynn<\/a> may have played in a private effort to obtain Hillary Clintons<\/a> emails from Russian Hackers<\/a>. They are quoting people familiar with the matter, Anonymous Sources<\/a> there. Lets bring in congresswoman marsha blackburn. Congressman, dirty tricks here . I dont think it would be dirty tricks, i think there are many people that would like to know what happened with Hillary Clintons<\/a>33,000 emails, what happened with the servers, all of the different devices. I think theyd also like to know a little bit about bleach bit and why she felt like she had to use that. So i know nothing more than what we are all hearing from the wall street journal reporting. I would say it is a point of curiosity and one well look forward to hearing more. Elizabeth switching gears, congressman, we do have disturbing video thats emerged showing High School Cheerleaders<\/a> at East High School<\/a> in denver. This one is forced by her coach and others into doing splits. Warning, this video is disturbing. No, no, no [inaudible conversations] elizabeth the video was shot on a cell phone by two of the cheer team members. That video was given to police. The coach and four others have been put on administrative leave. Congressman, this coach was reportedly let go from his prior job in boulder, colorado, for the same reason. So how is this guy getting hired over and over . That is one of the reasons you have to say School Systems<\/a> should exercise accountability. And watch what happens closely with these children. My daughter was a high school cheerleader. Ive never seen a cheer camp session that exercised activity like this. It is something that is disturbing and is upsetting, and im certain the parents are saying, you know, theyre here, theyre children. Theyre here to learn and participate and be a cheerleader, and there is no reason to have this kind of physical harm on these children for a cheerleading elizabeth you can see the coach behind each of the cheer leaders, pushing them down. There are reportedly six other videos, and the girl in the video were showing suffered torn muscles, damaged ligaments, as well as a pulled hamstring. To your point, who is responsible for and who is accountable for their injuries . This is something that the local School System<\/a> and then the state school board should take up and have a discussion how theyre going the exercise this accountability and who is actually holding these teachers and coaches responsible, monitoring that kind of activity . You want your children to be safe, you want them to be in a learning environment and to have them be challenged and grow. You do not want them to be in an environment to be harmed. Elizabeth congressman blackburn, thank you for your time. Good to be with you. Elizabeth we are less than 35 minutes away from the superfight weighin, mayweather v. Mcgregor. The purse could be as high as 400 million. But first, the culture war continues. A black student leader now accusing the usc mascot, a symbol of white supremaciesome were going to talk about that next. My next guest cannot believe the reason why. Weve got Lawrence Jones<\/a> of the blaze here to react after thisa i go with anoro. Go your own way copd tries to say, go this way. I say, ill go my own way with anoro. Go your own way oncedaily anoro contains two medicines called bronchodilators, that Work Together<\/a> to significantly improve lung function all day and all night. Anoro is not for asthma. It contains a type of medicine that increases risk of death in people with asthma. The risk is unknown in copd. Anoro wont replace rescue inhalers for sudden symptoms and should not be used more than once a day. Tell your doctor if you have a heart condition, high blood pressure, glaucoma, prostate, bladder, or urinary problems. These may worsen with anoro. Call your doctor if you have worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain while taking anoro. Ask your doctor about anoro. Go your own way get your first prescription free at anoro. Com. Elizabeth well, heres another skirmish in the culture wars. The university of southern californias School Mascot<\/a> now under fire over its name. The black Student Assembly<\/a> at usc says the mascots name traveler they say its a racist symbol. Why . The name is similar to general robert e. Lees horse, also named traveler but spelled differently. With me now, host of the blaze, hes Lawrence Jones<\/a>. Good to see you. Did you even know the name of robert e. Lees horse was traveler . No. And i didnt know that it was traveler with one l, which is what the university is saying. Look, this was my problem with the whole statue debate, and i understand both sides of the argument. But the thing is, if people start getting distracted about the statues and the horses and dont start focusing on the issues that actually matter to black folks thats the economy, thats jobs, thats how to improve the Education System<\/a> this is just spinning off to nowhere. Now were criticizing the horse . Elizabeth to your point, tearing down every single monument and diving into a memory hole, i mean, how will that advance i dont think itll advance by one inch the understanding of where we are now as a country and how we understand slavery and how we unify as a nation, right . Yeah. I dont think its going to improve race relations. I mean, for the people that feel like the statues are historical documents, i dont think its going to the advance their cause or the people that believe that its from a racist heritage. I dont think its going to take the hate out of the people that feel like that is representing White Supremacy<\/a> or or to whatever. Or whatever. So i dont think it helps any side of the argument. What i do think we should be focusing on is how to improve the lives of black folks. Elizabeth yeah. So when i see these black Assembly Members<\/a> or black student unions focusing on the statue instead of the issue, thats concerning for me. Elizabeth yeah. Because it doesnt advance the cause for that, for our community. Elizabeth you know, lawrence, how come these statues were never a problem under barack obama . I mean, obama was never bothered by them, neither were nancy pelosi, Chuck Schumer<\/a> or the Congressional Black Caucus<\/a>. Well, we found out today that Nancy Pelosis<\/a> father was actually responsible for the dead can case of dedication of some of the confederate statues in the maryland area. So, i mean, heres the deal, if this debate has become a partisan debate to say that trump voters are racist and people that support the Republican Party<\/a> is racist. This is why its never going to win, and this is why a lot of the American Voters<\/a> are upset about. Because you cant have an honest discussion. If you want to have a conversation about the statues or race in america, lets have that conversation. But dont try to link different Political Parties<\/a> to the hate. And also why didnt you raise issues about the statues or the damn horse when the democrats were in party in power . Elizabeth yeah. And, you know, we have this story for you, more politicallycharged protests expected in california. In san francisco, a freedom rally taking place on saturday. And on sunday, a no to marxism in america event will take place in we berkeley. Lawrence, protesters have clashed repeatedly in berkeley in recent months. Theres been destruction of property, cars, Small Businesses<\/a>, theres been fires set, windows smashed. Any idea and any thoughts about who is behind these protests . All i know is that you have some people that say its for free speech thats on the right, some people argue that that its White Supremacy<\/a> that will come and try to muddy the waters on that, and then on the far left you have the anarchists who want to destroy private property. And i think we could put both of them mixed together in the crowd, that theres a lot of tragedy that could potentially happen. Now, we saw in boston last weekend that they were able to have both sides of the argument together, and then you had a few people that did want to obey the law and decided to throw urine at cops. All i hope is theres peace on both sides of these arguments, but its kind of hard when you have a group of anarchists on one side and White Supremacists<\/a> that potentially can be mixed in the crowd on the other side. Elizabeth Lawrence Jones<\/a>, good to see you. Thanks for coming on, sir. Next up, we are watching Hurricane Harvey<\/a>. It is a potentially catastrophic storm. Lives could be at risk. And now look at this story, a mayor in texas is telling his residents if youre not evacuating before Hurricane Harvey<\/a> sweeps the states coastline, get a sharpie and write your name and Social Security<\/a> number somewhere on your arm so they can be identified. We have that story for you. But first, we are moments away from the superfight weighin, mayweather and mcgregor about to take the stage in las vegas. Weve got hillary vaughn, shes there, after this. Today, were out here with some big news about type 2 diabetes. You have type 2 diabetes, right . Yes. So let me ask you this. How does diabetes affect your heart . It doesnt, does it . Actually, it does. Type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. And with Heart Disease<\/a>, your risk is even higher. You didnt know that. No. Yeah. But, wait, theres good news for adults who have type 2 diabetes and Heart Disease<\/a>. Jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. Jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and Heart Disease<\/a> and lower your a1c. Jardiance can cause serious side effects including dehydration. This may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. Ketoacidosis is a serious side effect that may be fatal. Symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. Stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. Symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. Do not take jardiance if you are on dialysis or have severe kidney problems. Other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Tell your doctor about all the medicines you take and if you have any medical conditions. So now that you know all that, what do you think . That its time to think about jardiance. Ask your doctor about jardiance. And get to the heart of what matters. The toothpaste that helps prevent bleeding gums. If you spit blood when you brush or floss you may have gum problems and could be on the journey to much worse. Help stop the journey of gum disease. Try parodontax toothpaste. Remember, pacquiao got bombs, shane mosley had bombs, and all those guys are going into the hall of fame. But one thing about me, i got a gritty chin. You should have all kept your mouth shut. You should have left me in the game where im from. You should have left me where i was, because this man is not on my level. Elizabeth moments away from the weighin which fox business will bring to you live. Now, the last time these two fighters faced off before they settle their differences in the ring is going to be coming saturday night, that fight, this is going to be the last time. Floyd may weather and connor Floyd Mayweather<\/a> and Connor Mcgregor<\/a>. Lets get the latest from hillary vaughn. Reporter we are moments away from them meeting face to face for the final time before the big fight tomorrow night. I do want to pan over to the arena where the crowd is waiting. This is the moment theyre waiting for where mayweather and mcgregor get a chance to size up their competition before heading into the ring tomorrow night. Now, for most of these fans this is their only shot to see these fighters in person. They gave away free tickets to fans waiting to get a peek at their fighters. Before saturdays fight, theres a lot of energy here, the hype is building but not just in the arena, its also building in the casino. Sports book tells us betters have broken records. The fight tops the charts for most bets placed on a boxing match, and they say the crossover appeal between fans of ufc and fans of boxing are adding to that and bringing a lot of high interest in this fight. Something that weve never seen before, but theyre just loving it. Theres just its so intriguing and so popular that everybody wants a piece of it. Reporter as of an hour ago, tickets were not sold out. But when it comes to the amount of money general rated from ticket sales generated from ticket sales, this fight is on pace to break the last time mayweather faced off against manny pacquiao. Vegas bookies are favoring mayweather, but mcgregor takes the cake for most bets placed for him, 12 out of every 13 tickets are going for mcgregor which means if this underdog is able to pull off an upset, that could mean trouble for a lot of nevada sports books. Liz. Elizabeth hillary, if this fight goes the distance, whos it going to be . Whos going to win . What are you hearing out there . Reporter well, the veteran betters are placing their big, Million Dollar<\/a> bets on mayweather. So what that tells me is theyre the experts, they follow these fighters. If thats where theyre placing their Million Dollar<\/a> bets, my money would be on mayweather. Liz. Elizabeth all right, hillary, thank you so much for your time. Good reporting there. [laughter] and, again, we are moments away from the superfight weighin, Floyd Mayweather<\/a>, Connor Mcgregor<\/a> about to take the stage in las vegas. We will bring it to you when it happens. Google today admitted out used fake web traffic numbers when selling to advertisers, this as Silicon Valley<\/a> tech Company Announced<\/a> an effort to crack down on socalled fake news. My next guest says the providers of fake statistics . They shouldnt be policing fake news either. Thats after this. Dont go away. Flonase outperforms the 1 nondrowsy allergy pill. It helps block 6 key inflammatory substances that cause symptoms. Pills block one and 6 is greater than 1. Flonase changes everything. Approaching medicare eligibility . You may think you can put off checking out your Medicare Options<\/a> until youre sixtyfive, but now is a good time to get the ball rolling. Keep in mind, medicare only covers about eighty percent of part b medical costs. The rest is up to you. Thats where aarp Medicare Supplement<\/a> insurance plans insured by Unitedhealthcare Insurance Company<\/a> come in. 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Plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. Remember, medicare doesnt cover everything. The rest is up to you. Call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. Go long\u2122. Elizabeth more on ma breaking news out of wall street journal, special counsel Robert Mueller<\/a> is examining what role former National Security<\/a> adviser Michael Flynn<\/a> may have played in a private effort to get Hillary Clintons<\/a> deleted33,000 emails from Russian Hackers<\/a>. Its quoting people familiar with the matter. With me now, Washington Times<\/a> contributor Eric Schiffer<\/a> and conservative review correspondent deneen borelli. So peter smith, republican operative, was trying to get these hacked emails,they even existed. If they even existed. Theres no indication the hackers even had them. In order to embarrass Hillary Clinton<\/a> about benghazi, the Clinton Foundation<\/a>, thats the thinking behind it. I dont know much about this issue, but more russia, russia, russia in the headlines it looks like. And its another dump of a friday night news story. Who knows how much will be picked up, who knows who these sources are as well. But i saw colonel west earlier, you talking with him, and i agree with him. Wheres the investigation with the emails that hillary did supposedly delete . Elizabeth you know, this gentleman has since passed away. This is no indication, eric, that he even got the emails, theres no indication that the hackers even had the emails. Et sounds like one guy whos now deceased talking. Eric, this is all theyve got right now . This is what feels like, right . Well, we dont know. And the thing is i think concern is if there was an intention and a coordinated intense by flynn intention by flynn with smith on the presupposition that it may have actually been real, thats the concern. Especially coming from a campaign, it puts them into hot water, certainly puts flynn into had the water, but with we dont know, liz. Elizabeth its all about collusion, go ahead, deneen. It looks like theyre trying to force this whole russian narrative, and this investigation has been going on for well over a year now, liz. They havent found anything, who knows where its going to end up, but i think its a waste of resources. Elizabeth you know, eric, this also has i dont think its a waste elizabeth bleach bit and smashed devices and deleted emails, that doesnt look so great, bringing that up again about what happened with those deleted 33,000 emails, right . Well, i hear you. But on the other side, i think we need to find out who and what were, was the violation of the law if it exists elizabeth i mean, couldnt this just be i hear what youre saying. Couldnt this just be we have a foreign government. Elizabeth political dirty tricks. Well, i dont think its political dirty tricks to suggest that perhaps theres some evidence, if they have it certainly with mueller, they have it that suggests that theres some tie behind a campaign that may have actually done something illegal. We dont know. Elizabeth i hear what youre saying, everything. We need to find out. Elizabeth in other words, these Russian Hackers<\/a>, the theory is, were working directly with the kremlin and had the 33,000 emails and that Michael Flynn<\/a> was trying to get those emails from the russian government in order to embarrass Hillary Clinton<\/a>. Thats what youre saying could be the theory of collusion here, right . Absolutely. Elizabeth okay. Thats absolutely correct, liz. Absolutely. Yes. Elizabeth but we dont know. Theres no proof of any of that in the story. Go ahead well, there is i think you mentioned there are unnamed sources, so here we go with that again. Thats been going on from day one, Anonymous Sources<\/a>. So, again, well see how this pans out, but i think americans are papa teagueed with the whole fatigued with the whole russia everything. Elizabeth eric, go ahead. Look, i think theyre fatigued w but the reality is to the extent that this existed, liz, its outrageous. We dont know, but i think we deserve to know the truth. And i think thats whats happening. And, look, smith was on to something, and its very strange that he suddenly asphyxiated himself. We dont know whether thats even real. Was it a murder . We dont know. And so i think that theyre following up to get to truth, to get to not fake news, but real facts. Elizabeth all right. Thats a good thing, i think. Elizabeth eric and deneen, thank you for your analysis on that latebreaking story. We really appreciate it. We are moments away from the superfight weighin, mayweather and mcgregor taking the stage. We will bring that to you when it happens. Were also watching the hurricane, Hurricane Harvey<\/a>. It could hit the texas gulf coast as soon as this hour. More after this, dont go away. H that can be really serious. Especially for my precious new grandchild. Its whooping cough. Every family member, including those around new babies, should talk to their doctor or pharmacist about getting vaccinated. The u. S. Needs to develop more renewable and Clean Energy Resources<\/a> because there are limits to the amount of fossil fuels that we can burn. Since 1925, we have depended on diesel generators, burning approximately a million gallons of diesel fuel a year. Were going through an energy revolution. Our mission is to make offshore wind one of the principle new sources of energy. Citi really stepped up when we needed them. Citi saw the promise of clean energy and they worked really closely with us, financing the first offshore wind farm in the united states. The wind farm will lower power prices. Were polluting the air less. Businesses and homes can rely on a steady source of power. Block island wind farm is a catalyst this will be the first of many offshore wind farms in the u. S. Liz were moments away from the superfight weigh in. Mayweather and mcgregor taking the stage making money is next. We are dealing with two live breaking events this hour. The big one is here in texas and there is another one out there in nevada and on top of all of that we have just received breaking news on the russia investigation, so we welcome you to tonights edition of making money. Im Connell Mcshane<\/a> and we start off with these live pictures of two vastly different events. Hurricane harvey is really bearing down on the state of texas. It could not be any more serious there are predictions down right catastrophic its already a major hurricane a category 3 and meantime at this hour, out in","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia800803.us.archive.org\/28\/items\/FBC_20170825_210000_Risk_and_Reward_With_Deidre_Bolton\/FBC_20170825_210000_Risk_and_Reward_With_Deidre_Bolton.thumbs\/FBC_20170825_210000_Risk_and_Reward_With_Deidre_Bolton_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240628T12:35:10+00:00"}

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