For us to defend . Hi, everyone, im eric boling, welcome to the cashing in. Welcome, everybody. Lisa, is trump right about halting the gravy train when it comes to defending other nations . Eric, well, donald trump is not out alone on a ledge here. Regarding nato, they reiterated after donald trump made the statements saying, look, relationship between u. S. And europe used to be 50 50, and now its 70 30 with the United States taking the lead there financially. Former defense secretary gates made similar statements in the sense theres only a handful of nato members paying the amount they should. However, ill say that with a caveat that sometimes things are in the United States military interest, and theres not gain with troops and larger presence in the philippines due to china aggression in the south china sea. What do you say . Should more pony up more than the minimum they pay and sometimes they are not even paying . I think that lisa is right. Others have said it, but its resinates
Check the big board right now. The dow is off from its lows from earlier. Voting down the Gold Standard over the weekend. Oil is still near a fouryear low. Touching 63 earlier. There is a bounce in oil today. Gas still dropping about a penny per day. 2. 76. Lets bring in eric boling. He knows a thing or two about the oil market. It looks like the saudis are taking direct aim. Is that true . Yes. Yes. They want to come off and think we will not cut production. Reducing about 90 billion barrels a day. They will not cut production because they want to give the u. S. Economy a boost. They are our friends. That has nothing to do with what this is about. How quickly can we scale back production to meet the decline . Maybe not the demand we were expecting going forward. If they can keep the prices low we had a five year low. They were down maybe 40 . As long as the saudis opec said they will not cut production. I was on about a month and a half ago. Maybe 70 will not be the floor. Over the co
Seriously which is why they are dragging their feet and why all of the excuses about moral equivalence and the le are shown to be lies. Thats why we need a special prosecutor. These people cant do it themselves. There may have been some organizations that shouldnt have gotten the exemption, but they knocked out. It is not only the fbi. This is the irs. The bureaucrats are good at printing things out on paper, but it is a pathetic joke. I read it cover to cover. They emit problems and then say nobody is to blame. Nobody is taking it seriously in the administration. I am going to warn you ahead of time. You will not ke what i have to say about this. We like it when we dont like what you have to say. Give me a little room. Did you know i was down on the irs for this too . The more we learn about this, the more we are discovering there may have been good reason for targeting these groups. We are now seeing examples where thes groups are calling for 401c4 and putting on their application th
Distributed the fbi links the malware used in the massive target breach to 20 previous attacks. And they say there is much more to come. Were attacking all of the angles of the issue with our own cybersecurity s. W. A. T. Team. We have marketing expert, bob north. Former nsa counterintelligence agent john schindler. We have cybersecurity expert morgan wright. Morgan, i want to tart with you. This is confidential memo which has been leaked and i dont know what that tells you. There is the state of our security. Melissa that says a lot out of the gate. A lot of details were pretty startling. They said the software is bought on underground in black market. It costs 6,000. It is easy to obtain. Attacks system at point of sale. That is where it goes. A split second before the data is encrypted theyre able to steal your data. Very hard to detect and very hard to fight. So they basically just said be vigilant. Thanks a lot, fbi. Morgan, what is your takeaway from all that . Look, the takeaway
Seriously which is why they are dragging their feet and why all of the excuses about moral equivalence and the like are shown to be lies. Thats why we need a special prosecutor. These people cant do it themselves. There may have been some organizations that shouldnt have gotten the exemption, but they knocked out. It is not only the fbi. This is the irs. The bureaucrats are good at printing things out on paper, but it is a pathetic joke. I read it cover to cover. They emit problems and then say nobody is to blame. Nobody is taking it seriously in the administration. I am going to warn you ahead of time. You will notlike what i have to say about this. We like it when we dont like what you have to say. Give me a little room. Did you know i was down on the irs for this too . The more we learn about this, the more we are discovering there may have been good reason for targeting these groups. We are now seeing examples where these grps are calling for 401c4 and putting on their application