worth of bonds. and as tensions rise in the middle east, there are developing reports that one of the israeli military goals is to take out the front line of iran s defense shield. more on that ahead. , [ male announcer ] this is sheldo whose long day setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. or annuity over 10 or even 20 years? call imperial structured settlements.
referring, of course, to some of the recent reports that the pentagon is sending, an anti-missle defense shield out to the persian gulf, but, also, on its way is the demining flotilla, a floating base for special operations forces that will be able to host these kind of special operations divers. we have invested in capabilities to ensure that the iranian attempt to close down the shipping in the gulf is something that we are going to be able to defeat. reporter: the iranian military has practiced mining exercises since back to 2006 with iranian divers practiced placing mines underwater for years. the united states and 20 nations depend on the straits are firing a warning shot that they will not stand for any closing of the strait.
from coast-to-coast here in the u.s. we have ali velshi and dan si n simons is outside the headquarters outside menlo park. facebook s price will be showing at the bottom of your screen. let s begin with christine romans in new york. give us the starting price of fb the ticker name. this is the third largest public offering behind gm and visa, right? reporter: that is right. it could be the second largest by the time all of the trades are said and done. we are still waiting for the indications at nasdaq where it could be. it looks like it will be higher, obviously, no price there. we have not seen the trades cross yet. we are watching the matching buyers and sellers. we are trying to figure out what it will open at. there is a lot of hype about it. it can take a while to get the real sense of the price discovery of what it will look like. $38 clearly is what the current price on the board. that is what the ipo price is, fr is what we have been told. who is this being of
embarrass the president and make him weak on missile defense. the longest range iranian couldn t reach the east coast falling a thousand miles short of washington. of course this is election year politics of course it is. beating the national security drum is something the republicans do often. usually six months before a national and a regional election. the house armed services committee today voted $100 million defense shield for the east coast,. shepard: shep you have to come up with a way to pay for these things these days. are they cutting any programs to free up money to pay for the pentagon? none yet. in fact the chairman of the joint chiefs went so far today east coast shield isn t even needed. in my military judgment the program of record for ballistic missile defense for the homeland as we submitted it adequate and sufficient to the task.
very difficult person to deal with but the president and the administration have remained resolute about building this defense shield in europe which antagonized putin. so here s the president saying i want to do business, i want a negotiation because relations between the u.s. and russia are key to worldwide global stability. and i just think that he is saying something that is obvious. if the american people reelect him, he will have more strength in terms of those negotiations to try to get a deal with the senate. jon: remain resolute? didn t he pull the missiles out of poland? he pulled missiles out of poland. of course what you see is the shield is still there. the idea for building it and of course the exclusion of russia from some of the agreements that we have with our european allies still is a thorn in the side of putin. he wants in on all these deals and he hasn t been able to get it from the obama administration. jon: all right. mary katherine, quick final thought. this