Of sleeping. Big things ahead today, right . Youve got the exclusive with schul schultz, we cant wait for that. Its not about the triple pu on. The value of the payments business at starbucks talking about how much its worth and how important it might be here as a rival to some of these card companies. Yeah. Look, bob nardelli made a great point if you can cut out the little big, the vig that visa and mastercard get, if you can make it so someone nearing the store is able to pay for it ahead of time and own the register why should this be limited to starbucks. This is a trillion dollar market and Howard Schultz moved over from his daytoday running on starbucks to focus on this. Is it worth more than the company . Same say it is, i think its a little bit of hyperbole but well find out. So fascinating. The red carpet on the stairs behind you looks like the dolby theater like youre in the Academy Awards and youll sit next to hanks and brad pitt. Wow. I mean, if they show up if Richard She
President on Marthas Vineyard tonight. Reporter egypts most violent day since the ouster of hosni maubarak pulled the president out of vacation briefly and said the u. S. Will boycott joint exercises that had been set next month. Our traditional cooperation cannot continue as usual when civilians are being killed in the streets and rights are being rolled back. Reporter the biannual exercises began two years after the egyptisrael peace treaty and once a mainstay of the relationship and havent been held since 2009 because of the continue i continuing instability. Here on Marthas Vineyard, president obama has spent time on the phone with the National Security team and briefed by the National Security advisor but hasnt co hasnt talking about egypts problems. Reporter they both have accused him of supporting the other side and so have his critics in this country. The president has put his thumb down on the scale on the side of the muslim brotherhood. This will resonate all over egypt and n
Certain debt off the books. Bill with the government on the hook for ious like Social Security and medicare and pension promises across the country, combined with an aging population, america could be in a whole lot of hurt. Charles payne, fox business network. 70 trillion, do you buy that, charles . Bill, not only do i buy it i think that number is on the low side. Bill the real number could be higher than 70 trillion . How come . You hit on it. Some unfunded liabilities. Medicare is about 50 trillion. Social security 20 trillion. We have new entitlements coming online. Who will know what the obamacare law will emerge as. Ultimately you can see that is a entitlement costing us a lot of money. 30 Million People Getting Health Insurance instantaneously. Off the books stuff is alarming. Economic malaise was triggered when the offbalance sheet stuff at wall street was revealed and couldnt be contained anymore. Were in that same sort of scenario. Bill you analyze this as a catch 22. In ord
Promised. First tonights breaking news on the mueller investigation. With he go to the person we always go to and for good reason Catherine Herridge joins us. Thanks tucker. Lets break it down together because theres so much here. Tucker yes. All this came down, for folks at home, really late in the day. We had three filings over a 90 minute period. Lets start in new york with the president s former personal attorney, Michael Cohen. Two filings, one from the us attorney in the southern district, the second from the special counsel. The bottom line on sentencing is theyre recommending significant jail time b. Four years and a fine of 500,000. Buried is an indicator of what kind of information hes provided on russia. Im going to go to my glasses and the paper here if i at second to read the quote. Cohen provided the special Counsel Office with useful information concerning certain discrete russia related matters, core to its investigation that he obtained by virtue of his regular contact
First, the breaking news on the mueller investigation. We go to the person we always go to and good reason. Catherine herridge joins us. Thanks, tucker. Lets just break it down together. Because theres so much here. All of this came down for folks at home late in the day. We had three filings over a 90minute period. Lets start in new york with the president s former personal attorney, Michael Cohen. Two filings. One from the u. S. Attorney in the Southern District and the second from the special counsel. The bottom line on sentencing is that theyre recommending significant jail time, and four years and a fine of 500,000. Buried in the special counsel filing is kind of an indicator of what kind of information hes provided on russia. Im going to my glasses here and the paper. Tucker thank you. It says cohen provided the sco with use foul information concerning russiarelated matters core to the investigation that he obtained by his regular contact with Company Executives during the campai