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I know our audience appreciates your time. let's start with the basics if we can. your office gave us a chart that shows the number of oil futures contracts rose from 617,000 back in the summer of 2008 to more than 1 million last month. i'm curious, can you prove that that's the cause of high gas prices? >> well, obviously there's some things going on in the middle east that you've covered. we also have some transportation issues, ed, with oil pipelines. i'm worried that the speculative interest is being masked by these obvious things that you and neighbors around the country talk about. and t...

Page report in the government accountability office. senator tom coburn says it makes us all look like jack asses. how much could it save you? 200 billion dollars in 10 years. i shows hundreds of major programs, duplicating themselves. more than 100 programs dealing with transportation issues. 82 monitoring teacher quality. the list goes on. mike o'brien is here to tell us what else is in the report. stunning it? >> absolutely. this adds fuel to the fire of the spending debate this is already here in washington. it comports with what democrats and republicans have said about the need for reduc...

Page report in the government accountability office. senator tom coburn says it makes us all look like jack asses. how much could it save you? 200 billion dollars in 10 years. i shows hundreds of major programs, duplicating themselves. more than 100 programs dealing with transportation issues. 82 monitoring teacher quality. the list goes on. mike o'brien is here to tell us what else is in the report. stunning it? >> absolutely. this adds fuel to the fire of the spending debate this is already here in washington. it comports with what democrats and republicans have said about the need for reduc...

Hotbed of transportation issues. why did you guys accept the money? >> well, mass transit is important. as much in winter haven, florida, as it is in new york city and i lived in new york city at one time. i lived down in the village. mass transit is the way to get around there. winter haven being part of rural florida getting from one town to another is not particularly easy. so mass transit does matter and it will exist in the future. the reason i questioned this in all honesty, clayton, is we don't need to buy the biggest, most modern buses we can possibly find. we're trying to build a syst...

Happens to me, i just complain. >> that's sort of the beautiful part of the age of innovation that we're in, it's a very millenial mindset, whereas we're going, man, carnations again, and they're wilted, this guy got over the barriers to entry and got in. >> blockbuster wasn't doing a great job, nobody else was streaming, back then it was just sending devds to people. netflix figured out, we can do that. >> the opposite is uber, we all knew there were transportation issues, but uber came in, in an outlaw style, going up against the travel limousine commissions, in cities where they were not we...