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Morgan stanley, i guess, for the three. that those three banks, whether it's oil or copper or aluminum, they've gamed the system and they've only been allowed to do this for around a decade and they're getting more and more inquisitive, if you will, as they gain more and more power in the marketplace. let me give you a good example. one of these, morgan stanley owns 80 tankers, 80 oil tankers and owns refining capacity. they also bet on side bets on the price of oil. so if 80 of these tankers, if some of their tankers, they decided to just not deliver oil for a period of "x" number of days and...

Morgan stanley, i guess, for the three. that those three banks, whether it's oil or copper or aluminum, they've gamed the system and they've only been allowed to do this for around a decade and they're getting more and more inquisitive, if you will, as they gain more and more power in the marketplace. let me give you a good example. one of these, morgan stanley owns 80 tankers, 80 oil tankers and owns refining capacity. they also bet on side bets on the price of oil. so if 80 of these tankers, if some of their tankers, they decided to just not deliver oil for a period of "x" number of days and...

That those three banks, whether it's oil or copper or aluminum, they've gamed the system and they've only been allowed to do this for around a decade and they're getting more and more inquisitive, if you will, as they gain more and more power in the marketplace. let me give you a good example. one of these, morgan stanley owns 80 tankers, 80 oil tankers and owns refining capacity. they also bet on side bets on the price of oil. so if 80 of these tankers, if some of their tankers, they decided to just not deliver oil for a period of "x" number of days and then bet on oil prices spiking because ...

Anything anymore. don't get crazy with the side bets. >> in one word who is going to win? >> 9ers. >> thank you steve. >> you got it, guys. >> well, just days before he heads out on the road to talk gun control. the white house releases this picture of president obama. so is he no longer gun shy? >> and if you are a snow bird, then you should pay more taxes. the proposal that is turning heads at the top of the hour coming right back. ♪

Bets. i wouldn't even call them informsments. they are side bets that drive the price of the commodities. isn't that also a big part of the problem? >> i'm going to say yes, and i agree with you. but it's not true. you're right. they are not investments. it's just like rank gambling. that's what happens on wall street. it's interesting. we used to call it banking. now we call it finance. but what they are financing is their gambling activities. they it don't move into any crevice they can. it means going further out on the risk curve. we found out where that e gets us. so we need the administr...