Sanders in the crucial california primary. Americas Defense System running on floppy disks. Your tax dollars at waste. Why the government is spending billions to keep systems running on nearly 50yearold technology. Melissa the dow down 24 points on the day. As we come into the close. Phil flynn, price futures group, fox news contributor. Watching oil and gold from the cme. Adam shapiro on floor of new york stock exchange. Adam, first to you, stocks mostly flat but you have stocks to watch today . Reporter yeah but there were big movers down on the floor, one of them an ipo. This is u. S. Foods. They priced at 23 bucks. They opened today, and closed, check this out, well above the opening. They were up almost 9 . So it was a good launch for them. That ipo raising 1. 2 billion. You get a story like abercrombie fitch, there was a time when Retail Clothing Stores can do no wrong. Now it seems they can do no right. This was down big time, shares off 16 . Earnings were down, not with wall street was expecting. Abercrombie fitch brand here in the United States, sales and worldwide down about 8 . Hollister brand down 2 . At end of the day, loss of 59 cents a share. The street did not like that. Flip it around. Not all retailers hurting hurtingdollar tree, acquired family dollar. Their revenue picture when they reported earnings beat wall street estimates. Revenue came in up 2. 3 . Sales really good. This stock was up, was it, about 13 . Melissa, back to you. Melissa adam, thank you very much. David phil flynn, getting close to the 50 mark before memorial day and went down again. It did. Tell you what, donald trump still took credit getting above 50 at his press release today, giving that speech in north dakota. Tell you what, there are a lot of concerns about supplies around globe. Strong demand. We saw a lot bit of profittaking once we got above the area. A lot of people are speculating Oil Production will get ramped up as soon as we get above 50 a barrel. That was a target for a lot of people, caught this run, took money off the table. That will be a big deal. Tell you what. In north dakota, he was speaking to those producers that have been beat up so bad by the crash in oil prices. He is going to make energy great again. He want to make us Energy Independent. He talks about the Obama Administration hurting Oil Production and he told them exactly what they wanted to hear. Back to you. David other guys want to ban fracking. He wants to go full steam ahead with fracking. Phil thank you very much. Melissa. Melissa shares of time warner and netflix ending higher on reports that apple could look to add original content to its services. Financial times reported that apple considered buying time warner at a meeting late last year but the company did not pursue the idea. Here is jonathan hoenig, capitalist Pig Hedge Fund and scott martin, united advisors, chief market strategy. They are both fox news contributors. Scott martin, let me start with you. So the deal didnt go anywhere but were looking at it, this is very interesting, time warner, they have hbo, a ton of content what does it tell you what apple is thinking . I think theyre actually finally making good steps, melissa, with those billions and billions of dollars they have in cash. Truthfully other than realistically crappy product cycle they have been sitting on cash doing nothing with it. Buyerly increasing dividend over the year and not exciting people. I think its a good sign for apple theyre will to take steps. Time warner didnt work out, Something Like netflix or hulu, getting crazy valuation but at least theyre looking in the content space where they have been absolutely killed by a lot of their competitors. Melissa jonathan, netflix is the one everybody is talking about. That is kind of a hybrid play because i have both apple tv and netflix. They would buy content of netflix for sure but netflix is kind of bigger than that it is also a competitor in a lot of ways to apple tv. What would that kind of teaming up mean . It would be transformational, melissa, just as transformational, reminds me unlike what happened 16, 11 years ago aol at time want to buy time warner for access to its content and online business. Were seeing very much the same thing. Apple trying to bolster its own subscription video service. Scott said sitting on a ton of cash. I tell you, melissa i dont think the rumor had much traction. You didnt see it in the stocks today. Aol, time warner and netflix were higher but not by much. It would be so unlike apple to make enormous transformational deal. It is not how they have grown the company in the past despite these rumors. Melissa i know. Very true. David talk about rumors well talk about gawker. Owner and founder of the gawker website looking to sell the site to pay off 140 million legal judgment hulk hogue expand against the guy who started gawker. I wouldnt give you a calm for gawker but was valued 250 million before the lawsuit. Does it still have value . That is one of unicorns, david. On paper what a untraded company is valued is different when you try to liquidate it. Some of these online web sites, they exist solely on the brand and reputation. I wonder given all bad press gawker had on this or similar stories whether this brand is damaged beyond repair. David scott, one thing were finding out, fascinating stuff. Peter thiel, who is terrific guy, he was funding hulk hogans suit against the company. I wonder what you do you think of this idea of Litigation Funding which were seeing more of now . I mean in the case of peters situation, obviously it is right move, right . That was something that worked out in both of their favors. David by the way, hulk hogan says he doesnt expect to make money off this funding. Because of his own conviction because he is ticked off at the website. He is. Just goes to show you some alignments can happen in the strangest ways. As far as gawkers value, david, i get it. You wont pay a dime. Maybe you pay a penny. I think there is something worth in it because it is noted, at least news source. David yeah. What they can get for it now with all the reputational damage is anybodys guess. David we should mention it gets 48 million a year in ad revenues. Not doing too badly in that regard. Thank you, guys. Melissa. Melissa olive garden adding more traditional italian food to its menu. Wait for it. Spaghetti pie. David what . Melissa spaghetti pie including four other new menu, breadstick sandwiches. Encased in pie crust that is little weird but smothered in bacon and meat sauce, what could possibly go wrong . Hell, yes, melissa. America is absolutely great. What is interesting behind a lot of changes in olive garden is activist investor. This company was really struggling just two years ago. Starboard active investors came on board. They wanted to make the company go back to traditional italian roots it is core competency, carbohydrates. That is why sales and traffic are both up. Melissa jonathan, i love you. Taking a story ive been obsessed with all day rooting it firmly in business. Youre a genius. Thats why youre my favorite guest. Scott up to you, the stock is up 14 in the past year. They are marketing genius. They keep coming out with these things that are beyond gluttonous that get us talking doing a segment like this, making everybody want to go out to have olive garden. It is genius. I agree. What is tough the fast casual dining space which is very competitive and very tough because customers are discerning, they change their tastes alot. A Something Like spaghetti pie gets chairs filled up, i can think of unique things to do with spaghetti pie i wont mention. That is good thing, get people in the store. American pie like, i guess. That is what is happening. A lot of restaurants are getting totally decimated by customers going where else. Melissa i dont know, scott, you just took that in direction im not even sure i can handle. So instead im going to wrap but i love you both dearly. Thank you very much. Im headed to olive garden right after this. David quiet guys in the midwest you have to be careful of. Melissa pie crust confuses me. David burger king had same thing, stuff a hamburger, with cheese and bacon and it sold. Melissa pie crust, that is where im getting confused. David meanwhile venezuela on the brinks of collapse. Citizens forced to eat from garbage to survive. The situation is getting worse by the minute. Fox business has obtained exclusive video you dont want to miss detailing desperation in caracas. The wow. Hillary clinton coming under fire from all sides in wake of damaging Inspector General report on use of her personal server. Clinton oh, well. I dont know what the rest of that was. They blew right past it. David donald trump sealed the deal, surpassing number of delegates he needs to be the republican nominee for president. He just responded to the news at an event in north dakota. Take a listen. And there was a big news flash that donald trump had won the nomination. [cheering] and i said, what happened . I thought i had to wait a couple more weeks. Poor mouth breather. Allergies . Stuffy nose . Cant sleep . Take that. A breathe right nasal strip instantly opens your nose up to 38 more than allergy medicine alone. Shut your mouth and say goodnight, mouthbreathers. Breathe right. Okawhoa ady . [ explosion ] nothing should get in the way of the things you love. Get americas fastest internet. Only from xfinity. Melissa ceiling the deal. Donald trump has enough delegates to officially clinch the gop nomination according to associated press. The businessman speaking at an Oil Conference in the heart of Americas Energy boom, calling on the government to get out of the way of the oil industry. President obama has done everything he can to get in the way of american energy, for whatever reason. He has made life much more difficult for north dakota as costly regulation and i mean, serious regulation, makes it harder and harder to turn a profit. Melissa trump warning that things will get worse if Hillary Clinton is elected. For his part trump says, he would approve the keystone xl pipeline project if elected as long as u. S. Receives a chunk of oil revenue in exchange. The gop frontrunner vowing to terminate the paris climate agreement. David . David i always like how we get money back from the agreements. Donald trump claims a lot of hispanics love him. Well win with hispanics. People that have homes, that have jobs theyre hispanic, whether theyre from mexico or any place else, theyre has r hispanic. They dont want their homes taken away and they dont want their jobs taken away. They dont want it. I think well do fantastically. David but some republican hispanics in now mexico at his slamming governor susana martinez. She is the country ace first latina governor. We have the executive director of Latino Partnership for conservative principles. Specifically what he said under her governorship the number of food stamp recipients has been tripled. She has been bad on other policy issues . What is going on, seems he has specific beef with her . I think he was unhappy that she didnt show up at his rally in new mexico, thats it. He didnt go after her because she is latina. To try to imply that is absolutely ridiculous. That is exactly what the left is doing, pandering to latinos. David thats what theyre saying. I think we can discount based on some of their history of doing that but on the other hand there did seem to be a, didnt seem to be spontaneous. Seemed like he put together a list of some of the things she was bad at being governor. Is that because she hasnt yet endorsed him or what . It is possible. She hasnt endorsed him. So he goes to new mexico. She doesnt show up at his rally so it is hospital. He had some bullet points and went after her. It is politics. It is donald trump. I dont think it will affect him. The problem he has with latino voters is not hispanic voters, his comments about mechanic can independent my grants and policy proposals like massive deportation. Let me tell you something, if he were to tone down his rhetoric on mexican immigrants and perhaps support some form of legalization, i think he left the door open to a form of legalization, i think he could actually become competitive with latino voters. David interesting. Theyre not going after hillary. David by the way were not talking about amnesty here. Were talking about a path to legalization. But, do you think that he could do as well for example, as gw bush did . He got 40 of the Latino Community . Look, latinos are fed up with the washington establishment. David i think youre right. Democrats promised immigration reform. They didnt deliver. Hillary clinton, joined barack obama introducing a poison pill amendment to kill immigration reform. People forget that. Only two years ago she was calling for immediate removal deportation of accompanied minors . She is great champion of immigrant. Late teach knows havent forgotten that. David that is a great point. Theyre not flocking to Hillary Clinton either. I think with donald trump it could happen. Im not saying it is going to happen. Im not supporting him yet. I feel i cant vote for him but look if he is willing to have a conversation to perhaps propose a more constructive position on what to do with undocumented immigrants, i think he has got a shot. David nobody hates a bureaucracy more than immigrant who had to deal with the immigration service. So if your message is, america is being swamped by bureaucracy, we have to sweep it away in order to grow again, you sell that message very easily to immigrant community. Quickly go ahead. Youre absolutely right. When he is saying, he is always said that he wants to keep the door open. He want people to return to home country and good ones reenter immediately. If he were to allow that to happen internally in the u. S. , having immigrants, go to mexican consulate, register there, given a path to work visa i think that would be very wellreceived by latinos. David interesting. Alfonso, good to see you again. Thanks for coming in. Appreciate it. Good seeing you. Melissa interesting point. David very interesting. Melissa to launch a Nuclear Missile the United States will need a floppy disk. David one of those old things . Melissa yeah that old thing. The government wasting millions of your tax dollars, jeopardizing your security on Outdated Technology. Maybe we should consider building bigger walls around airports. Intruders breaching us air port fences every 10 days. David wow. Someone could easily hold this up and climb over here. It is pretty pathetic. I donor wonder whether i theshould seek treatment. C. I am ready. Because today theres harvoni. A revolutionary treatment for the most common type of chronic hepatitis c. Harvoni is proven to cure up to 99 of patients whove had no prior treatment. It transformed treatment as the first cure thats one pill, once a day for 12 weeks. Certain patients can be cured with just 8 weeks of harvoni. Harvoni is a simple treatment regimen thats been prescribed to more than a quarter of a million patients. Tell your doctor if youve had a liver transplant, other liver or kidney problems, hiv, or any other medical conditions, and about all the medicines you take including herbal supplements. Taking amiodarone with harvoni may cause a serious slowing of your heart rate. Common side effects of harvoni may include tiredness, headache and weakness. I am ready to put hep c behind me. I am ready to be cured. Are you ready . Ask your hep c specialist if harvoni is right for you. David u. S. Airports at risk in ways you may not think is possible. Terrifying scene when a man ran on to the tarmac actually tried to stop a plane in denver. Intruders like this breach perimeter gate security fences once every 10 days. This according to new report from ap. Some trespassers came on skateboards and bikes, while others actually commandeered vehicles on the tarmac. One man got into helicopter cockpit and was preparing to take off. Five intruders brought knives and one actually a loaded gun. This is no joke, melissa. Melissa wow. Some just jump ad fence, youre probably waiting hours in a security line. Lawmakers on the hill introduced new legislation to reduce wait times at the airport, whoohoo. Fox businesss blake burman in d. C. With the latest on that one. Are they making headway there, blake . Reporter not sure it is a whoohoo just yet, here is what we can tell you, melissa. Congress continues to probe horrendous security lines that pop up at airports all over the country. Earlier today at the transportation hearing, head of union for tsa screeners called for 6,000 additional more hires, while fending off one call to privatize part of airport security. The figure represents the decrease in the size of tsa workforce since 2011 as passenger volume has grown 15 . Im convinced that the private industry can do this just as well with oversight with tsa, and save money and improve customer service. Reporter that hearing was led by transportation security subcommittee chairman john katko who put forward new tsa legislation this afternoon. Calls for tsa to share the staffing model with airports and air carriers while establishing minimum staffing numbers. Now to highlight here, just how big of a problem this has become, one executive from American Airlines testified earlier this morning that 70,000 of its flyers have missed flights this year already due to excessive wait times at security lines. Melissa oh, i bet they were all just thrilled about it. I can only imagine. So frustrating. Blake, thank you so much. David . Thanks. David oil inching higher towards 50 bucks a barrel just in time for the holiday weekend. It will not cost as much as it did last year to fill up your tank, thank goodness. The National Average is up, but down 43 cents from last year. So a little bit of relief from last years prices. Hillary clinton on defense. The decision to use a private email server is under heavy fire from all sides right now. David plus Bernie Sanders slamming the happiest place on earth but the disney ceo is mad as hell and he is not going to take it anymore. Disney pay its workers wages that are so low, many are forced to live in motels because they cant afford a decent place to live. There are two billion people who dont have access to basic banking, but that is changing. At temenos, with the microsoft cloud, we can enable a banker to travel to the most remote locations with nothing but a phone and a tablet. Everywhere where theres a phone, you have a bank. Now a person is able to start a business, and employ somebody for the first time. The microsoft cloud helped us to bring banking to ten Million People in just two years. Its transforming our world. One of many pieces in my i havlife. Hma. So when my asthma symptoms kept coming back on my longterm control found a missing piece in my asthma treatment with breo. 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But first, catherine, that i want to get your take on that and i hope more civilized than my take. Im sure it is. Reporter first of all i would say that the state department made a Statement Today which was somewhat out of character in that it suggested that mrs. Clinton and her team were never up front with the department about the extent of her personal email use. There was, only a partial understanding of how much secretary clinton relied on personal email and we just did not have a complete picture and because of that, i think no one under took the steps to address that. Reporter tone letters said reporters would have to ask mrs. Clinton and her most senior aides why they refused interviews with government investigators. A deep dive on these regulations known as the Inspector General act of 1978 shows that clinton and her team were required to cooperate and no one is exempt, not even a secretary of state but on special report last night a Clinton Campaign spokesman blamed politics, investigator who once worked for a republican senator. There were reports a few months back suggesting, affirming the fact that one of the top individuals in that office, number two official in that office had a connection, had formerly worked for senator grassley who of course has been one of secretary clintons chief antagonists on this issue. Reporter mrs. Clinton also said this afternoon that her email practices were really in sync with her predecessors but what the report found that no previous secretary of state had a personal server for government business. Colin powell did use personal email to Contact People outside of the office but he worked with the state department to make sure that it was secure. And neither condoleeza rice nor Madeleine Albright used personal email for any government business whatsoever. Melissa. Melissa Catherine Herridge, as always, thank you so much for keeping track of those details. It is important when they try to make it murky. You keep it all clear. Details matters in good reporting for sure. Melissa thank you. David even though he is not mentioning the emails Bernie Sanders is narrowing the gap with Hillary Clinton. The two Democratic Candidates are now neckandneck in california according to new poll from the Public Policy institute of california. Here to break down details, byron york of the washington examiner, also fox news contributor. Byron, can you imagine if bernie had brought up emails instead of saying he wasnt going to touch it . You saw the saturday night live skit few days ago, and where Bernie Sanders wont leave the bar. Hillary clinton thanks him not bringing up emails because that could have brought her down and he said, what is an idiot. Clearly inexplicable that he shut door on something that was under investigation. We knew there were going to get results. David we didnt know as rich all the results were getting. Even without the email he pulled to neck and neck race in california. She was way ahead a couple of months ago. What happens if Bernie Sanders wins california . Well, it would be unprecedented. It still appears that Hillary Clinton has this insurmountable lead in delegates. All of superdelegates are still with her. But that scenario doesnt envision her losing in the final biggest primary of the year which, you know, would have to really cast a lot of fear into all the superdelegates who are staying with her now. It may still be impossible for Bernie Sanders to get that, to get there but what an incredible show of weakness it would be to lose the biggest and bluest state in the union on the final day of the campaign. You know who loves to exploit the weaknesses of Hillary Clinton is donald trump and of course he loves to stir things up as he well. So now he is pushing ahead for a debate between himself and bernie. Not the number one contender but the number two contender. Play a tape from donald trump speaking on this. He wants to know if you will debate him. Yes i am. How much is he going to pay me . Hillary clinton has not agreed to debate me here in california so i look forward to debating mr. Trump on that because i think it is important. David so if he wins california and if he is the one debating donald trump, not Hillary Clinton, i mean, i would think that his supporters, if he doesnt get some kind of extra special treatment in philadelphia, the convention would be furious . He is probably already getting some extra special treatment planned for philadelphia. Dont look for this trumpsanders debate. It would be great for Bernie Sanders, who has not won his partys nomination. David byron dont you want the best for fox news . Dont you want under the circumstances to be able to moderate the debate . Come on. Well even make you moderator if you like . Ill go for that. Heck of a show it would be. David i knew i could do it. Yeah. But for donald trump it doesnt make a lot of sense to debate the guy who will not win the democratic nomination. You see he is targeting Hillary Clinton every single day. It was good waytalk another news cycle which he did. David he loves to take advantage of these things. Byron york, thank you. We appreciate it. Well see if we work out the moderator position if we get that debate going. Melissa Bernie Sanders has a bone to pick with disney. Anybody here work for disney . [cheering] anybody here making a living wage from disney . No i use disney, not just to pick on disney but as an example of what we are talking about when we talk about a rigged economy. Melissa whoa, disney ceo bob iger did not like that. He was firing back at the vermont senator in private facebook message saying quote, to Bernie Sanders, we created 11,000 new jobs at disney in the past decade and our company has created 18,000 in the u. S. In the last five years. How many jobs have you created, buddy . The buddy wasnt in there. You know what i mean. What have you contributed to the u. S. Economy . That hurts. Here is Dan Henninger of wall street journal. But bernie making these points standing out there people are living in motels if they work for disney. He says, theyre not making a living wage. Here you have the ceo making 46. 5 million in fiscal year 2014. Could easily give some of that money to the people. How do you respond to bernie . Well, i think bob iger responded as well as he could but i think what he and disney should understand, anyone working for disney should, theyre being used as props in Bernie Sanderss scenario. Key fact came out in last couple of days, he is running for the california primary, right . The field poll came out in california saying that 75 of californians say that top issue for them is jobs and the economy. Jobs is what Bernie Sanders is talking about out there. That is why he is using disney to elevate this issue. Melissa so he points to the people that work at disney. We did some digging on our own, is it good to work there, is it not good to work there. They pay their cast members an average of 9. 50 an hour. That is minimum wage. Better than Universal Studios is paying 8. 98. For example, in anaheim, if you work at front desk of marriott, Comparable Service job, theyre paying 15 an hour. Making this point about a living wage. When you hold it up against what the ceo is making, you know, it is an argument that makes a lot of sense to a lot of people out there. How do you counter it in a way people can understand . I think everybody has a problem explaining it. How do you counter it in a way people can understand . A lot of people understand it. The people that dont understand it, Bernie Sanders is acutely aware of it are his target voters. He is doing well in college towns. Young leftwingers on college do believe we live in a rigged economy. And if bob iger were to read those statistics to them they would go so what, minimum wage, booed. Were in rigged economy. Bernie is trying to drive them to the polls on january 7th for the reasons byron york was just explaining. If he wins california, all right, even though she may secure the nomination and hillary, because of these problems with the email server keeps sinking in the headtoheads against donald trump, lets say she is five below him come early july, bernie will say were going into philadelphia. You have to nominate me instead of this loser Hillary Clinton. Melissa bob iger said they increased local economy by 65 of virtue being there. One of those things all the jobs wouldnt exist if they were not there. With him making 46. 5 million you could share more with workers. I could see donald trump aligning himself with bob iger, yeah, disney is creating jobs. That is the sort of thing i can do. I dont resent bob iger making all money, the way trump doesnt resent himself making all the money. Trump in a way i think will benefit from this. Melissa interesting. Dan, thank you so much. David. David i want the opportunity to make that much money. Coming back, breaking news on the Sumner Redstone battle at viacom. Turning into a real soap opera. Charlie gasparino joins us with exclusive details in a moment. People in venezuela literally fighting for their lives. The governments socialist policies, a lot of people say are to blame. You know its unraveling before our eyes as we speak. And there have been all could have indications within the last week which would suggest that at least economically, things are going to get worse before they get better. Im billy, and i quit smoking with chantix. I had a lot of doubts going in. I was a smoker. Hands down, it was, thats who i was. After one week of chantix, i knew i could quit. Along with support, Chantix Varenicline is proven to help people quit smoking. Chantix definitely helped reduce my urge to smoke. Some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. 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Melissa breaking news on viacom an Sumner Redstones drama. Senior correspondent Charlie Gasparino has exclusive details. Charlie. You know, Sumner Redstone drama, Sherry Redstone drama, phillipe dumond drama, we have Battle Royale between the Redstone Family trying to force dumond out as ceo. They forced him out of the trust that oversees viacom and cbs. Theyre looking to push him out totally. We understand Sherry Redstone is making moves internally. Filed a lawsuit to get the board to remove dumond as ceo. What is happening board of directors of viacom is sticking by dumond. What we understand, Fox Business Network has learned, that board is basically poised to file a lawsuit in delaware chancery court, generally where you fight the corporate battles out, to prevent that removal. If she should go in there, convince her dad, remember her dad, sumner controls 80 of the company. He is apparently had falling out with dumond as his health has slipped, she is stepping into the fray. She does not get along with dumond. By virtue of the old mans 80 stake in the company, her 20 stake, she could theoretically force the board to get them out. If she goes that route, they will file a lawsuit in delaware court. From what i understand, described by one person with direct knowledge of the matter, the lawsuit is locked and loaded to show that they are based, basically, Sherry Redstone would be taking over a company. She is neither equipped nor Sumner Redstone is equipped to run. We should point out Sumner Redstone is in failing health. Right now there is lots of questions about his mental competency. I think a recent judge said he was not totally mentally competent to run the company. This came out after that sordid lawsuit filed by one of his caregivers who said he basically craves 24 hours a day sex and steak. David who doesnt. Who doesnt . Who doesnt . I want everybody to know, i have no problem with sex and steak. Melissa goodness gracious. Charlie, thank you. David somehow i knew that. Dont ask meme how. I had a feeling. Extraordinary video coming out of meltdown in venezuela. It is shaky video, Hungry Venezuelans hijacking a food delivery truck. Unraveling another socialist economy will get the message through to bernie supporters and others that socialism is disaster wherever it is tried if. Melissa no. David here is steve moore, Heritage Foundation visiting fellow and fox news contributor. You know, steve, there is just no excuse. You can say well our School Systems are so bad now that young folks dont know about socialism because it was in the 80s and 90s but this is happening now here. Why doesnt at least some reporter ask Bernie Sanders, okay, if socialism is so good why doesnt it work anywhere . Love to hear that question, david. It is not just, not just venezuela. It is happening in argentina. David brazil. Brazil is run by former marks i guerrilla and that is huge economy that is falling apart. You got it. Greece is the ultimate socialist success story, right . Theyre now bankrupt. It, you know, how do we get the message across . It is a great question. Maybe send some millenials to caracas. Melissa yeah. David that is terrific idea. Live there for a few weeks, see how you like it. It is a tragedy by the way. People are the abouting hurt there. People are going hungry. You havent seen this since the days of soviet union really where everything was free except nothing was on the shelves. That is exactly what happening in venezuela. David this is the most oilrich country in the world. That is the other thing. David oil reserves of venezuela, i know oil has come down but it is not helping at all you know, that is the amazing thing. Not like it is an african country that doesnt have anything. It has natural resource. It has abundance of it and still causing poverty for its citizens. We were talking off the air. Part of the reason is that the Oil Companies are run by the government. The government has run it into the ground. David right of the listen, i have to switch to donald trump because he just came out with his energy platform. Yeah. David he is profracking. You wrote a terrific book called, fueling freedom, about the whole energy industry. Thank you. David congrats on that. He gets energy. He gets taxes. You and a lot of other people are talking about tax plans, tax rate reductions, art laugher is big supporter, but trade. I have to ask you about trade. One thing the freemarketeers are scared to death about with regard to donald trump. Do you think it is possible because, for example, apple, we know that i couldnt make apple phones, you couldnt pull apple phones manufacturing back home, that would bankrupt apple. Can anybody get through to him on these trade issues . Well i havent talked to him about trade. So which you have heard from him is i think what you get. But i will say this, the energy issue, i want to address that if i could. David sure. This was major speech by trump today and he bid door row some of the ideas in our book and you know, look, there is very few issues where there is a sharper contrast between the two candidates than on energy. David right. Donald trump says were going to use our coal, use our oil, use our gas. Well create millions of union, middle class jobs, that pay, 60, 80, 100,000. Hillary is basically saying well shut it all down and use windmills. That is pretty sharp contrast. Trump is right, if we get the Energy Picture right, we could be Energy Independent in five years. We could be selling the stuff, rather than buying it from people who hate us. I think huge issue for republicans. One reason you could see a lot of middle class voters moving over to the trump camp. David trade is issue for free market voters. That is of concern to a lot of people. Well talk about next time. Next time i talk to him i will let you know. David please do. Well get him on or you on or both of you. Steve, thank you very much. Melissa floppy disks used to run Nuclear Weapons and 50yearold technology to keep the system online. Outrageous news from a government report. Its the Little Things in life that make me smile. Spending the day with my niece. I dont use super poligrip for hold, because my dentures fit well. Before those little pieces would get in between my dentures and my gum and it was uncomfortable. Even well fitting dentures let in food particles. Just a few dabs of super poligrip free is clinically proven to seal out more food particles so youre more comfortable and confident while you eat. So its not about keeping my dentures in, its about keeping the food particles out. Try super poligrip free. Amazing sleep stays with you all day and all night. Sleep number beds with Sleepiq Technology give you the knowledge to adjust for the best sleep ever. Save 500 on the memorial day special Edition Mattress with Sleepiq Technology. Plus 36 month financing. Know better sleep. Only at a sleep number store. Melissa government report shows that approximately 60 billion was spent on maintaining Outdated Technology last year that accounts for 3 00 quarters of governments tech budget. The report also notes that important systems controlling the nations Nuclear Weapons still run on data stored on eightinch floppy dings. Really . I cant believe those things exist. David Williams Joins us who is responsible and how the heck we fix this. Nuclear arms running on eight im disks, that cant possibly be true . Isnt this crazy, nuclear as neal run on 8inch disk. They are so outdated people watching dont know what they are. That is just the tip of the iceberg. Probably worst example we could have but were talking about the irs, were talking about the Social Security administration. They have woefully out of date Software Systems some going back to the0s. Computers were made in the 70s. Melissa Jason Chaffetz said one good trip to best buy you would be better off than what were doing right now . Kind of feels, how could we spend 60 billion to maintain floppy disks . Problem the government isnt really focused on results. Theyre focused on spending money. Theyre not looking at goal of, okay, what do we want to accomplish here . Well spend a billion dollars here, a billion dollars there and dont look at end result. That is why we have the problem. We have 60 billion going towards of maintenance, not actually creation of software. Melissa how do you fix it . You fix it with accountability. Within each agency there has to be someone responsible for each of these software programs, all this i. T. If they dont do their job, they need to be fired. We need to get rid of them and bring someone in that will accomplish these tasks. Really congress, Jason Chaffetz has done a great job exposing this but there needs to be more followup, more oversight. So, yeah, there is a lot more that needs to be done. Look at private sector. The private sector would never allow this to happen. Would not allow Computer Systems to be 30, 40, 50 years old. They would demand uptodate, hey, someone elses money. Well spend it. Who cares what the end result is. There in lies the problem. Melissa you said magic words. Somebody needs to be fired. That never happens. Guess who is winning the president ial nomination right now and maybe the election . Somebody whos catchphrase is, youre fired you think that is coincidence . I dont think so. You think he would come in and actually fire people . We have only 10 second. I think he would. I think he would take a lot of pleasure in it. Maybe he shake some things up in the bureaucracy. Melissa david williams, thank you so much. David you will never have accountability in the bureaucracies. You have to get rid of the bureaucracies. You have to shrink government. Baby on board. This is already breaking records. Wow. Melissa coppertone standing by to sponsor this baby. David that is real . Melissa yeah. Melissa whoa, baby. This sixmonthold girl is now the youngest person to water ski, skiing 62 feet. Look at that. She is six months old david is she really six months old . Are you sure this is not some kind of funny photography here . Melissa no. David it runs in the family. Her parents are professional wear skiers. She could have gone longer if only boat reached end of lake. Melissa that is unbelievable you dont actually believe it. David i dont believe it just because, our kids are very cute but they cant do anything spectacular like that. Melissa spectacular is in eye of beholder. And risk and reward starts right now. I am officially running for president of the United States and we are going to make our country great again [cheering] who is going to pay for the wall . Mexico donald j. Trump is calling for total and complete shutdown of muslims entering the United States. Our republican system is absolutely rigged. Afghanistan is going to hell. Just want to stay in the white house and work my ass off, make great deals, right . Theyre ripping the [bleep] out of the sea. Cr
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