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Just had this last 24 hours, the shooting down of this plane and the deaths. it's also an inflamed war in eastern ukraine. there is another way, there has to be another way of solving this because this is not going to be a happy ending if this continues on the path of war. so yes, putin is clearly behind this. he may think he has good reasons but his good reasons are creating an enormous crisis, east, west, western europe, against russian interests here. we have to find a way of resolving this within ukraine in a political fashion in which the government is representative of all of the interes...

Strategically, not short term and politically. >> your thoughts on the actions by the israelis on a military offensive in the gaza strip. >> yeah. >> no effect on the world markets there either is. >> i don't think so. i think there will be a huge effect on the nature of war where we end up with things like boys on the beach playing soccer being killed despite advanced technology and weapons. i don't see it unless it erupts into a broad wide war having a significant impact on markets. >> quickly david k. johnson, isn't this evidence that we are little ril in a bull market? i know it's generic ...

War is good. it's bad for business as well as everything else. >> so what kind of effect is this going to have an europe, seeing that their relationship and dependence and access to russia's natural gas supply? this is a big part of russia are's economy. so if they have sanctions, they may have to maybe even lower the price of some of the natural gas to make sure it keeps going where they have been selling it. >> to maintain his position and expand the empire, putin needs revenues from the natural gas in particular and from oil that they are exporting. he has to play the game in a way that he ...

Russians. >> uh-huh. the situation in eastern ukraine, very unstable. world leaders are calling for a cease fire. how credible do you think this investigation will be? >> if they have access, if the international community has access to the wreckage, it will raise the credibility considerably. even though we know they are likely doing everything they can to corrupt the quality of what's on the ground, they can't do it all quickly. >> john goglia former ntsb board member. good to have you with us and your insight tonight on "the ed show." thank you so much. still ahead, republicans would rath...

This issue? >> because we're in a season of total political gridlock. every attack that can be made against the president is being made against him. anything that he proposes, republicans will oppose. i was on a radio panel earlier today and someone said, republicans said no one is going to give the president credit for anything. there are two things that are important to bear in mind here. the first is that what republicans are talking about, people like john mccain in terms of ukraine would significantly raise the risk that we would have a real confrontation with the russians that we could e...