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First, we have mayor bloomberg coming up and one of his big issues is guns. i'm just wondering, curious, does assault weapons, like the bushmaster, have a place in our society here in america? what is your position? especially given the recent event events? >> i spent a career carrying typically either an m-16 and later m4 carbine. and m4 carbine fires a 223 caliber round, 5.56 mill litter at 3,000 feet per second. when it hits a human body, the effects are devastating. it's designed to do that. that's what our soldiers ought to carry. personally don't think there's any need for that kind of w...

>> not happy about it, of course. we run a construction business, and fuel is killing us. >> i try to plan what we are doing so i don't have to take the car out as much as possible. >> 25 cents from an all-time high, and some analysts say the worse is yet to come. here with us, rick newman. good morning. we're talking $4 a gallon plus across six states. and $5 in one place. there was a gas station outside the orlando airport, $5.56 a gal? >> yeah, and the federal tax is about 18 cents on gas, and states put a lot more taxes on it. that's one of the main reasons the prices vary so much. >> is i...