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And that is the kind of person you want running a major institution like the u.s. treasury. so if you have accomplished technocrats running those institutions that's a lot better than if you have steve bannon or one of his acolytes in that job. it's a low bar, but it, yeah. >> well, this is bait and switch. remember when donald trump was saying that the problem is the cabow of international bankers and elitists? these are the people he's talking about. the wilber rosses, the steven mnuchins of the world. >> are you saying that you can't trust everything that donald trump says? >> i'm just comi...

Making a lot of money don't declare it on paper they don't make any money so the government sends them food stamps and other assistance. >> yeah. >> bill: which they give to bob and they drive away in a mercedes benz. that's all over the place down on the border. >> that's the problem. there is no system of checking this up. there is one state representative who is trying to introduce a bill that's going to be coming up next month who will hopefully start to modify the problem that they are seeing in texas. but it is frightening because as i mean you saw this gas station attendant say this is ...

Say this is he sees several times day. it's not a unique problem to one little area. >> yeah. >> bill: it's the biggest con and not just in texas. it's all the border states. because of the ill illicit activity down there. primarily in narcotics as i pointed out. and that's all cash. that you don't have any follow-up. once you apply for the assistance, and the government says you can get it, nobody comes to your house and says hey, look at this. what are you living in this kind of a house with a pool for? >> that's the thing you can have an expensive house and a car worth up to $15,000. again,...

Developing it. time now to answer some of your business questions. phil and carol are with us. once again, first one is from phil, not this phil, but another phil. he writes, my partners and i are debating whether to raise venture capital dollars or grow organically. what are the pros and cons of vc dollars? >> you might not be able to get it. venture capital funds a fraction of 1% of all of the businesses that are out there. so you have to make sure you are eligible for it. if you do have a business, that is going to be 50 to $100 million within three to five-year period and you are eligibl...

Time now to answer some of your business questions. phil and carol are with us. once again, dh first one is from phil, not this phil, but another phil. he writes, my partners and i are debating whether to raise venture capital dollars or grow organically. what are the pros and cons of vc dollars? >> you might not be able to get it. a fraction of 1% of all of the businesses that are out there. so you have to make sure you are eligible for it. if you do have a business, that is going to be 50 to $100 million within three to five-year period and you are eligible for venture capital then you can l...