john: "with all due respect" to jeb bush and president obama do us a favor and leave our show out of your petty disagreements. >> with all due respect, mr. president, you're just wrong on this one. john: happy national blueberry cheesecake day, sports fans, and our tv guide tonight, jeb bush's little house in the kennebunkport compound but first, the clintons workaholics.

they released a bunch of information, but they left something out, and the ap revealed that something today. it's six letters long, called wjcllc a so-called pass through company with "no apparent employees or assets" that "designed to channel payments to the former president." this story just broke, and it raises possibly way more questions possibly than it answers, but my question is -- where is this going and how big could it be back when mark: we don't know where it's going, and the clinton folks are playing it down but there's at least three folks it implicates. like mitt romney, the clintons had tax accounts and lawyers who said, "you should set things up for your income and assets for the most advantageous way possible -- could be legal but might not look great." second, bill clinton, what he did as a consultant is going to get a lot more attention because

of this. and three, it opens the door to rhetoric like this for bernie sanders today. sanders: i'm not going to condemn hillary and bill clinton. that type of wealth has the potential to isolate you from the reality of the world. mark: this issue of the clintons being fabulously wealthy was based on these facts. john: not just fabulously wealthy but fabulously wealthy and engaged in a complex web of area's financial dealings and holdings, not all of which -- most of which are completely opaque. not all of which but some of which. the president has businesses other than speaking. we do not know exactly what those businesses are. we don't know how much he has made from them. there are some clients that are named here, at least one of whom the state department said you cannot work for. a couple of others he was allowed to work for, but this is just more water for people who want to dig into this financial

morass, i would call it, that is around the clintons, and i just think this is -- it's the beginning of something that could be quite big and quite threatening. mark: he got paid a lot of money, and were going to learn about what he did to make it. rand paul is promoting his book out today called "taking a stand," arguing that the big tent needs to be big enough to hold among other things, hair accessories. paul: i tell people we got to have a party that has to has people with ponytails, people with tattoos, people and working clothes, with businesses, black white, brown -- we need to be a more diverse party. mark: this is not a new message for him, but i ask you as joey from "friends" might -- how's he doing? john: i almost feel he is trivializing the message. it sounds a little too glib. i feel like he had a reasonable

announcement, and he is kind of lost in the forest ever since. this is an important message but it needs to be, i think, made -- offered in a more serious, more substantive way that does not make it seem as though they are kind of hand talking points and does not seem to kind of trivialize them in some of the ways he is talking now -- as though they are kind of canned talking points. mark: he does link it to prison reform and drug reform. i think this is what attracted a lot of strategist to him as a potential person to be on the ticket. it's not so much trivializing. i think he needs to make it more emotional, challenge the party more rather than just using it as a selling point for himself. john: but referring to people with ponytails and tattoos -- people with ponytails and tattoos don't want to be referred to as people with ponytails and tattoos. they are americans. they are young people. two short-handed eels denigrating in some point. mark: i think he short hands it

to make the point. the fact is, to his credit, you go to rand paul indents, i that you there are people there with tattoos and ponytails. john: that's true. i bet you there are. let's go. can we talk about the clinton thinks more? mark: maybe later in the show. john: ash carter said on cnn on sunday that iraqi soldiers did not show the will to fight isis in ramadi. josh earnest was at to comment and he defended the secretary of defense. josh earnest: what secretary carter said is consistent with the analysis he has received from those who are on the ground looking at the situation. he has also indicated on a number of occasions that there is an important role for the united dates and our coalition partners to play -- the united

states and our coalition partners to play. john: a lot of attention has been paid to what secretary carter said. why did he say it? it was a very brazen thing to come out and they. mark: they're in the midst of a debate about if there should be u.s. troops. the u.s. government does not want to do that. secretary carter i think, was speaking the truth, maybe letting off restoration but also sending a message that this is still going to have to be an iraqi thing. they are going to have to do better. john: the other thing is this dovetails perfectly with what president obama said last week when he said, "my strategy is working. the problem here is not my strategy. our strategy is fine. part of our strategy that is not working is the part that lies in the hands of iraqis and they will always need to take that responsibility." i also think there is a defensive quality from this, and

i don't mean defensive as an cowering, but defending president obama's strategy saying this is where the onus has to be, and if there's a earlier, it's on their heads. mark: secretary gates tried to get iraq and afghanistan to fight better on their own behalf. he could not do it particularly well. let's see if this secretary of defense can do it better than the previous one. john: it's a hard thing to do but in the end, there will be a stable solution there if they are right. it cannot be imposed by americans. we tried that, and in the long run, it's not tenable. it must ultimately be domestic and sustainable on a domestic level. this is a painful time, but it is necessary. mark: it has been a banner day for twitter. a man who has gotten quite famous as a blogger and is the biggest twitter troll this side of anonymous has been barred again on the microblogging service because he asked for donations to help "take out" and

activist who has been protesting police shootings in baltimore and ferguson. mr. johnson has been suspended in the past, but i ask you -- should twitter bar people from its platform based on the content of their tweets? john: in limited circumstances, i think they can and should. where i think a line has to be john is at threat. you could argue about if this is a threat or not, but i know the person at home this was directed at felt this was a threat, and twitter let's people say a lot of things. what they cannot let people do is incite people to commit violence against other people on the service. mark: it is a private service. you do not have the right to be on twitter. but what if someone who did not have his reputation tweeted the same thing? john: they probably would not have noticed if it were someone

who do not have a following to that extent. i just do not think that for the reasons you just said, we do not let people come on our air and make bets, and we're not practicing censorship -- mark: if you go on your ipad right now and we "if you see karl rove and punch them in the face," is that inciting violence? john: i think that will be fine. i think that would be ok. it would depend on if there was a serious intent to it or not mark:. how can you tell from the language? john: like pornography. there is a past practice. there's a past history of people are looking at him in a more careful way, and i do think that has a threatening tone to it that if i were running twitter -- mark: i'm for kicking people off if they are abusive, but kicking some of the off for language that other people would not be

kicked off for is a pretty dangerous place to be. john: coming up, a secretive trial in iran and a "washington post" bureau chief was taken from his home. his brother talks to us about the case next. ♪

mark: today was the first day of a trial and iran -- in iran. and instead of prison by iranians for more than 300 days after security forces run the government took him by gunpoint from his home. the charges against him are nebulous, dramatic, and related somehow to national security, they say. we don't know what the state is using as evidence in this trial because the proceedings are close. he has been living in iran for seven years working as a journalist. joining us now from the national press club is his brother, who

has become a spokesman for the family. the trial is closed. you have a lot of good sources. you have learned to be a reporter like your brother, through all of this. what, if anything, have you learned about what happened in the proceedings day -- today? >> we found out only yesterday the trial would be closed. we have been petitioning to have an open trial so we can get some transparency. it's actually a legal for any information to come out from the trial, but we do know the trial, first day, lasted about two hours. my mother and sister in law both went down to the court but were not able to go into the courtroom. jason was accompanied by his attorney. there was an english translator there are on the government. the expectation is on that first day, they would read the evidence against him, read the charges against him, and there would be some conversation that went on around that. john: there are two pieces of

evidence the iranian government feels are in some way incriminating of your brother, one of which is a visa application, and the other is a form letter he sent to the obama administration. it's a little vague weathers documents would be considered incriminating from the point of view of iranian officials and what exactly the second document was. can you shed light on those? rezaian: sure. we look at whatever we thought could be used against jason. there was a process during the transition before president obama took office to let people go online and send in information to apply for a job almost. what do you think about the new president and how can you help. he sent a letter that said he lived in iran, love their man grew up in the united states loves the united states, and once the country's -- countries to be more harmonious.

i was basically an extent of the letter. it was filled out on a web form online, and he did receive a response which said, "this is an automated response. we have received your submission." john: are you saying it was an application for a job? rezaian: not necessarily an application, but basically if you are looking for someone who understands iran and can help you speak more clearly with the iranian government, i'd like to help you. mark: your brother has been there for a number of years. was he worried before this incident that he might have something like this happened to him? rezaian: i don't think anybody could have thought something like this could have happened. this was so far outside the bounds of what had happened before to any western journalist. jason was meticulous on how he followed the rules. he knew where he could go. there's a process. mark: what is your theory about

why he was singled out? rezaian: it's hard to say. jason is one of the only americans over there that was reporting. he has a lot of friends, and a lot of people think that it might have had something to do with internal politics, trying to get some pressure on the president and that country or something else. we really don't know. john: when you folks in the family deal with the administration and talk with them, as am sure you have repeatedly over the time that he has been in captivity, who do you deal with, and what are the nature of the interchanges you've had with the government? rezaian: we speak with a variety of people in the u.s. government, primarily in the state department. we have a contact who we talk with. she is very good at getting information for us as well as

helping us reach out to other governments when we need to. for example, reaching out to the protecting power, this with -- the swiss and iran to send letters to officials over there, things like that. i have also spoken with folks up on the hill, senators, congressmen. i was happy last week to see the unanimous resolution in the senate calling for the u.s. government to do everything possible to bring jason and the other americans home. john: i did things you have asked the administration to do that they have rebuffed you on and they told you they would not do? rezaian: not really. we have not made specific requests like that. we may ask for confirmation of a rumor, those kinds of things and when we wanted to escalate things, we have been able to escalate them. mark: can you tell me how you feel about iran now? rezaian: i think i feel the way i did before. the people there love americans.

they are really nice. the government does what they want to do. they say they have a lot of laws, and they choose when they want to follow them and when they don't. mark: we started the interview very impressed with how you found yourself in a tough situation. good luck to you and your family and your brother, of course. we will keep following this story. after the break, a different story -- a local family builds a home. right after this. ♪

john: a lovely american family is building an addition to their home. they seem like really nice people, and lots of local news stations happen to be very interested in this particular family and the construction of that new home in kennebunk or, maine -- kennebunkport, maine. >> jeb bush is building a new four-bedroom home in the seaside town. >> the 3000-square-foot home

will be the second largest one at walker's. >> assessed at 1.4 million dollars. >> the home is being built by his mother and father who worked to keep the family ties to the property. >> bushes have spent their summers there. >> when guest arrived for barbara bush's 90th birthday. the former first lady is making room for the ever-growing family. john: that story was broken by "the boston globe." you are a political reporter and not some i generally think of as being a writer for better homes & gardens. talk to us a little bit about the making of this story. it's one of the stories people will obsess over for at least today, possibly tomorrow, and may be months to come. did you did this up, or was this handed to you on a silver platter? matt: not handed to me on a silver platter. i went to write about jeb in kennebunkport and town property

records as well as people in town. people in town, this was not a secret. they knew a house had gone up over the winter at walker's point, the bush family compound and everybody sort of knew it as jeb's house. i pulled the records on the town, and sure enough, it's identified as jed bush -- jeb bush's house. that was how we came across the story. it's two stories, four bedrooms 4.5 bathrooms, not super extravagant by wealthy standards, but the setting is incredible. it's right there on the water overlooking the ocean. along with his parents and some other homes there. mark: why is it that jeb bush who's a pretty rich guy, and his parents, why are they building the house for him?

matt: this is something the parents have done. walker's point has been in their family for more than a century, and parents want to pass down to their kids something on walker's point, so they have in building other properties. jeb bush's younger brother marvin had a house built their teen of years ago. he is the last person who does not have a dedicated property for him. mom and dad wanted to build jeb e-house. it comes at a completely inopportune time given that he's running for president, though. john: that brings us to the political component. made the point this is not a very large property by rich people standards, but it's got a great setting. the same could be said of mitt romney's house in la jolla. just talk a little bit about how sensitive the bush campaign is

to the potential political implications and optical implications at this moment. matt: i think they are aware that this does not look great. they were not eager to cooperate on a story just involving jeb's time at kennebunkport. it is sort of an important time of his life, but i think they realize the complications of this. you are right -- i mean, it's not mitt romney-style real estate. it's not as large. this no car lift or car elevator in this house. it's pretty basic in terms of the design of the home but i do think that it reminds people of jeb bush and where he comes from and his patrician family, and a name that honestly he is trying to become his own man, as he says, on the campaign trail, so having his parents build him a house on their property overlooking coastal maine is kind of an inconvenient image.

mark: you covered governor romney, and he dealt, i think it's fair to say pretty poorly with questions about his wealth and being out of touch. what is your sense of jeb bush now when people come after him being an out of touch rich guy -- how do you think he will handle those issues? matt: to their credit, when they knew what we had, they cooperated. jeb bush sent us an e-mail talking about how he is fortunate to have this. they are sort of acknowledging that, and george h w bush as well. they knew where the direction of the story could head. i think it is something he can talk about a little bit. as a side point, the only other property jeb bush has is -- it's not romney style, not clinton style.

it's much more modest. to the extent that this comes in the wake of a campaign and becomes part of the campaign, i think the comparisons to romney or john mccain, who did not know how many houses he had -- you know, jeb bush knows he has one other house. john: in addition to the rich guy image, which you could argue this does not necessarily illustrate, this does illustrate the bush guy image. this does put him firmly and can about what -- kennebunkport with the other members of the bush clan that he does not necessarily want to be associated with 100% of the time at this moment. that: it's the image of it. we know his last name, but literally, there's a foundation being built in his parents' property right now. i think that's the image of him as a bush guy, trying to be his own man, independent from his father and brother in a campaign setting. john: thank you so much.

great piece. thank you for doing this. if it turns out to have a lot of legs, the metaphor here is fairly rich for those who want to see metaphors. thanks a lot. we'll be right back. ♪

john: while we've been on the air, we've been hearing from clinton allies about this new company we heard about today. people are playing it down saying this is the way all

passed through companies are organized. it will get a lot more scrutiny in the days ahead, i'm convinced. mark: standard pastoral rule -- qed is what i will say to that. until tomorrow sayonara. ♪

>> where moments away from the closing bell. this is the bloomberg market day. i'm scarlet fu. i'm joined once again by bloomberg markets managing editor joe weisenthal. you can hear the closing bell ringing right now. all three industry groups in the s&p 500 finishing down. dupont the only member of the dow industrials not to fall. it's actually