hope it had nothing to do with us. david: iaea. somewhere the video will come out. >> they will jump on board. >> if they cash in all the crown jewels is probably still not enough movie to keep that under cover. tracy: terrible. we've got to go. "money" with adam shapiro is next. >> i'm adam shapiro in for melissa francis. here's what's "money" tonight. gas prices in the eye of the storm as a result of isaac. prices at the pump, surge as much as 14 cents overnight and now are on the verge of smashing a labor day record. how much more severe will the shockwaves get for the oil and gas industry? we get reaction from energy titan t. boone pickens. plus hours to go until paul ryan highly anticipated gop convention speech. the vice-presidential nominee will make his case for controversial budget reform to an audience of tens of millions. what should he say to win the hearts and minds of undecided voters? i'll ask wisconsin senator

ron johnson. chipolte caught red-handed. fast-food favorite found to be rounding up checks at locations across the country. customers may feel cheated but there may have been a legitimate business reason to do it. either way we've got the details on how it is impacting chipolte's bottom line. even when they say it's not it is always about "money" adam: been a busy day and it's not over yet. we'll look at today's market headlines before we dive into all of it. the dow eking out its first positive day in three sessions. all three major indices posting tepid gains after the federal reserve's monthly beige book found modest to moderate economic improvement across most of the united states. u.s. second quarter gdp growth was also revised up to 1.7% from its first reading of 1.5%.

shares of yelp skyrocketing more than 20%. online consumer review website posting its best day ever since going public back in march. the leap largely stunned investors. a share lockup for yelp insiders officially expired today. general motors expecting sales of its chevy volt to hit 2500 for the month of august. if they meet that it will be the volt's most successful month of sales since its debut back in november of 2011. but to the big story everyone is talking about, isaac the hurricane, now officially downgraded to a tropical storm. it is still slamming the louisiana coast with harsh wind and torrential rain. jeff flock is braving the storm. he's in new orleans. jeff, i guess the key question, i see you standing there after watching you get blown around, is the worst over? >> i think the worst is over here in new orleans but of course we've got points north. although i say that as i hear sirens on canal street. that is new orleans ems unit

heading out somewhere to someone in trouble as they head down toward the river there. we got the latest position from the national hurricane center on isaac. 60 miles west now of new orleans, moving still at six miles an hour to the northwest. 70 miles an hour are the wind speeds, still, even though it's been over that much land, quite a bit of land. cure if you in -- cure few in downtown new orleans. it starts at dusk. it ends at dawn. i think it passed the test for new orleans. this is the first big test since katrina. levys here passed test the we still have rain coming down and still some wind on those levees. one of the levees did not pass the test down to the south in plaquemines parish. a lot of people don't understand, plaquemines parish is off to the south and east of new orleans that is not part of new orleans. it is low-lying areas. a lot of the levees are man-made

levees. adam: jeff? >> go ahead. adam: you mentioned levees in new orleans passing the test. what was it 2005, hurricane katrina. hurricane went through. people said all clear. it was few hours later it was not all clear. have the army corps of engineers given us a thumbs up on the levees? >> they haven't given us a all clear by any means. they have said the levees are strong and have healed. we'll be along the hefley system tomorrow. those are all new levees. $14 billion worth of levees. if they didn't hold i'll tell you, somebody's head would roll. those in plaquemines were not updated. plaquemines got hit really hard. it was not as hard hit in katrina as this one hit it. adam: jeff flock reporting from the center of the hurricane, eye of the storm. i know it has been a busy day for you. it will was busy day for the people to get the oil refineries running again of the as of now isaac cut oil production in the growth almost 95%.

will the storm force president obama's hand on releasing oil from the strategic petroleum reserves? oil and gas tycoon, t. boone pickens, joins us live. sir, thank you for joining us on the fox business network. do you think the president's hand will be forced? will he release oil from the reserves? >> why? adam: that is a good question. >> why would he release it? you're up 14 cents on gasoline. today oil was down a dollar. wti was. and so there's no real concern here. i mean they have shut in part of the gulf but, listen there, is plenty of oil and gas in the united states so. there isn't any reason --. adam: plenty of oil and gas. we have seen a spike in gasoline prices. i know refineries shut down. it takes roughly two to three days to get them back up and running. will we see prices drop as quickly as they went up now that the hurricane has passed? >> i think you will be back before where you were in hurricane in a week.

adam: i think we'll all appreciate that. let's turn to something donald trump is saying. he is blaming opec for manipulating oil prices. do you agree with him? are they trying to manipulate them to try to sway the election in the united states. >> donald is right on the remark. no kidding. they tell you, opec tells you they have to have, oh, different countries and in opec have a different price to meet their budgets. and but, it's about $100 a barrel. so they tell you that they have to have that to meet their budgets. they're going to get it. all they have to do, if they want the price up is cut back supply. and the price will go right up. so it's, count on brent north sea crude, which is opec priced, being above $100 a barrel. >> how does that influence the election in the united states? how does it influence for president obama or for mitt romney? >> you know i don't know how, you know, i don't know how it would.

the, if people understand that the price of global price of oil is, is set by opec, they understand that, that the president, obama, has nothing to do wit that. but, know this. that the united states has a cheapest energy in the world. brent north sea crude is 115. we're, west texas intermediate which is our national crude price, is under 100. so it is 15% cheaper than the global price but our natural gas is 75% cheaper. you look at today's natural gas price, about $2.75. you look at tokyo. $18. beijing, $15. the mideast, $1. europe 13. so, we are just a fraction of the natural gas price and our gasoline price he is half of the price of europe. adam: we are certainly blessed with an abundance of

natural resource when it comes to energy the i want to ask you. mitt romney actually outlined policies he would put into place if elected. for instance, giving states more authority over drilling in federally controlled lands. what do you think of that idea? >> i think it as you good idea but he's got a good plan. it came out last week and but it's a good plan. adam: and as far as natural gas, i know you've been a proponent of fracking and of the country going more into natural gas. do you think, if we do that we can fulfill mr. romney's pledge that we'll be energy independent by 2020? >> to be energy independent i think he said this, you have to bring north america in. you have to have canada and mexico, the united states. they will work with us. we're a market for their oil and gas. and so, yes, we could be energy independent by making a north american energy alliance. it would certainly work. adam: mr. pickens, let me

wrap up with you asking this last question. we seemed to dodge a bullet from the hurricane. opec is still manipulating oil prices. no one is ever surprised by that. if i'm a driver say in chief lapped, ohio, near to my heart or miami, florida, where my folks live, what can i expect in the fall with gas prices. >> gasoline. >> yes. >> not natural gas. adam: gasoline prices. >> gasoline, prices i think it will be stable in the fall probably not much different than it is now. adam: t. boone pickens, you said responding to the first million is hard. earning the first billion is even harder. i hope to learn that lesson one day, sir. >> good, thank you. adam: thank you for joining us. always good to have mr. pickens join us on fox business. turning you are our attention to something else, some positive news. the second quarter gdp was revised up slightly, 1.7%. this was up from 1.5%

reported last month the fed's beige book showed signs the economy is improving slowly but improving. employment are holding steady. housing and retail sectors are picking up. we'll hear a lot more from federal reserve chairman ben bernanke when he speaks friday at the jackson hole conference. for more on this i want to bring in lindsey piegza. what do you think the fed chairman will say we're getting stimulus or we're done? >> this report i don't think it is a game-changer. it is much in line with the fed's assessment the economy cooled over the first of the year. it will be hard fed to ignore additional stimulus come the september meeting. in reference to the jackson hole, the chairman doesn't want to make this annual symposium a polly changing medium. he did in the past. 2010 it was said this was first signs of additional round of quantitative easing. i think going forward he will back off, only focus on broad policy issues and leave those specific policy

initiatives to prescheduled fomc meetings. adam: throw the fomc and wonky discussion about jackson hole out the window. >> okay. adam: talk about 1.7 gdp, if a person unemployed what does that mean for them? unemployment is still over 8%. congress is pushing fed to do something if it is good because of unemployment. >> look at the report first of all. it was like the july report it was mixed. second quarter gdp was revised up from 1.5 to 1.7. we saw increase in consumption. government spending revisions to trade. on net what that means is final sales, which is gdp less inventories increased from 1.2 to 20%. that is -- 2%. that is modest increase. give as you mentioned housing reports are showing stability it suggests that the economy is very weak but not as weak as expected. adam: stability and kernels of. who is getting put back to work? >> goes back to as expected.

that is the key. only reason it is remotely positive because the previous report was so lousy and bar of expectations is down so precipitously. adam: if some unemployed and might be on the side of congress saying federal reserve do something. >> sure. adam: boston federal bank president is saying doing something. the guy out of dallas, richard fisher says there is nothing more we can do for people unemployed. what will happen in september. >> hear is the problem, what richard fisher said. used to be hawks and doves at fed. now there is third category. monetary policy is obsolete. the person unemployed is looking at the federal government. 600 billion out of the economy. that is not how you grow the economy. things are not getting any worse but they're certainly not get any better. that is a pretty tough platform for the administration to run on. they could twist that and say things would be worse if we hadn't put policies in place the last four years. it will be hard to rally

base and rein in votes on counter factual scenario. adam: 20 seconds left. i will be a gentleman give you the last word. what do you expect to hear out of ben bernanke's mouth? >> it will be broad policy. passing over proverbial baton to the federal government saying look we've done everything we can do. its up to you guys not to undermine policies we put in place trying to get the economy back on to prosperity. adam: i lied of the last word. translation? congest up to you. >> thank you. adam: we're just hours away from paul ryan's do-or-die keynote convention address. can a hard sell on budget reforms pull enough votes for victory in november? wisconsin senator ron johnson discusses that next. utter word stimulus at the convention you might be booed out of the arena. a new book takes the critic.

author join us next. ♪

♪ . adam: welcome back. hear about the event in tampa? the rnc is back for round two tonight. this time paul ryan is taking his turn in the spotlight in the biggest speech, no understatement there, the biggest speech of his political career. this is his chance to address millions of american voters that may not even know who he is, other than what they have read in the headlines. they have read all kinds of things about him. will the conservative budget hawk win them over with hess reforms? to discuss all of this, paul ryan, from his home state,

wisconsin senator ron johnson. sir, thank you for joining us. i know you are busy at the convention, but first and foremost, what do you think paul ryan has to say to win over the undecided voters? >> adam, tell you what america will see today, tonight, a genuinely decent, kind, down-to-earth person that paul ryan is. he need to convey that. he needs to show america what he really is. they already know how knowledgeable he is about the budget. that they understand how much he knows about the fiscal situation. how serious he is in dealing with it. tell you what, one of the reasons i was so pleased about the pick of paul ryan as the vice-presidential nominee it confirmed what i already knew about governor romney. that governor romney is dead serious, absolutely dedicated to offering real solutions. you don't pick paul ryan if you're not sear us about fixing problems. adam: tough choices ahead for the american people. talk about the man who kind

of laid the groundwork last night, chris christie. i want to play a sound bite from his speech last night and follow up with what you thought. here is chris christie last night. >> they said it was impossible to touch the third rail of politics, to take on the public sector unions unions and reform a pension and health benefit system that was headed to bankruptcy. with bipartisan leadership we saved taxpayers $132 billion over 30 years, and, saved retirees their pensions. adam: chris christie obviously trumping what he has done in new jersey. i think if you wanted to have someone to actually showcase the battle with reining in public sector unions it would have been your governor from wisconsin. but getting back to christie, what did you think? did he take too much attention away from romney and on himself? >> i think the governor did a great job. i really liked the beginning of his speech when he talked about america can either be respected or loved. he chose respect. i think that absolutely is

true. i think president obama went aconsiders, around the world, tried to get love. as a result we lost respect. it is incredibly important we gain that respect back. the way we have to do it, we have to strengthen our economy. you can't be, you can't have national security without a strong and secure economy. that is what really governor romney understands and this president doesn't. adam: let me bring up the economic issues near and dear to all of us. if you look at christie's record in new jersey, unemployment is still 9.8%. austerity is getting blame for that pro people on the left. he says the cuts he made that unemployment is almost the worst there. you look at your state, wisconsin, 7.1%. what are you doing right? what is chris christie not doing right according to the left and what does it mean for paul ryan? >> one thing governor walker did when he first entered office he said wisconsin is open for business. that maybe sound pretty simple but it is totally different attitude than what

this president brings to the table here. this president vilifies success. he demonizes businesses. we need to celebrate success. we need to encourage business investment, business expansion. i'll tell you what. just that attitude change i think will be very powerful bringing those trillions of dollars that are just sitting on the sidelines, have those pumped into the economy. it would be amazing. i think americans would be amazed how quickly this economy could turn around if we actually had a leader, somebody who was, taking responsibility and leading this country. america hupgsers for leadership. adam: senator, you bring up a very important issue. roughly $2 trillion businesses are sitting on and want to invest here in the united states. left constantly said if we cut, if we follow austerity as a romney, ryan, at least their proposals plan to do, they point to europe say it hasn't worked there. they say it wouldn't work here. are you saying if we cut, that money would be invested and help propel the economy

forward? >> adam, let me dispel the myth that anybody is cutting anything. 10 years ago the federal government spent $2 trillion. this year we'll spend $3.8 trillion. we doubled spending in 10 years. the argument really moving forward under the house budget we would spend $4.9 trillion 10 years in the future. obama wants to spend $6 trillion. i don't care how you slice it, 4.9 or $6 trillion is larger than 3..8. what we're trying to do is limit federal government. president obama's stimulus, takeover of 1/6 of our economy, five trillion he added to our debt, we're moving into a situation simply unsustainable. we're trying to limit the rate of growth of government. that added debt is scaring consumers and business owners. they're not investing money. if you're not investing money, if you don't have the confidence, you're so uncertain, your economy will not grow or create jobs. that is what this is all about creating opportunity for every american.

adam: senator, we appreciate your being here. everybody will be watching paul ryan tonight. you among them. it has been good talking to you. >> have a great day. adam: you too, sir. there are a few things less popular at the republican convention on that the word stimulus but a new book calls $2009's840 billion recovery act, a astonishing, unrecognized success. now you can throw things at the tv screen. the author is here to make the case. he is no lightweight. is making a strong case. why congress's deal to avoid a government shutdown will cost taxpayers, millions of more dollars than it should have. do ever have enough money? ♪ everyone has goals.

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get your first full prescription free and save on refills at advaircopd.com. ♪ . adam: the stimulus package from 2009 is seen by a lot of people as more than $800 billion of wasted money, creating far fewer jobs than it could have and not doing a whole lot to speed up our check recovery but a new book is turning all those criticisms on its head and hammering the media, us, for fueling them. joining us now to discuss his book, the new deal, is michael grunwald. got a copy of the book here.

"time" magazine senior correspondent and author of, the new deal. i will start with a quote you gave slate. when you spend $800 billion on economic recovery and the recovery stinks, people don't tend to look past that. why should they? >> it's true. people forget that in 2009, when obama took over, the financial earthquake had hit but the economic tsunami hadn't reached the shore. we lost 9% of our gdp in the fourth quarter of 2008. lost 800,000 jobs in january 2009. but the unemployment rate still wasn't that high. and right after the stimulus passed in february, you had the biggest improvement in jobs in 30 years. but it improved from absolutely hideous to just bad. hard to get people it excited about that. adam: let me point out, as you have said in interviews about the book, that people on the left are going to, well some will like it. those who wanted a bigger

stimulus will hate it. people on the right will hate this book. mostly you're saying that attention isn't being drawn to what stimulus did. let me read from the book. the recovery act eased a lot of pain and helped avert a depression that would have caused immeasurable pain. moderate growth while frustrating is preferable to contraction. like romer said, depressions really, really suck. a lot of unemployed will say you're wrong. the stimulus has not helped. >> look, 25% unemployment would be worse than 8% unemployment. and losing 150,000 jobs a month that we're gaining now is a lot better than the 800,000 jobs a month than we were losing. at the same time the recovery act did all the things people don't realize. adam: like what? talk about what it did. what are we not talking about. >> installation of change. what obama meant by change. poured $90 billion into clean energy when we were spending a few billion a year of included race to the

top, the most dramatic education reform in deck grades. it is dragging your antiquated pen an paper health care system into the digital age. biggest investment in infrastructure since eisenhower. biggest middle class tax cut since reagan. biggest investments in research ever. none of that has gotten much attention. look, republicans done a great job portraying $800 million of mob museums and levitating trains to disneyland and nonsense that is not in it. democrats have not been interested in defending it. obama has done a questionable job of messaging. adam: if it has been as successful you make the argument in your book, why aren't democrats talking about it? >> well, i think, some sense there is sense that the cake is already maked. right? a year after the stimulus passed the percentage of americans had believed it created jobs was lower than the percentage of americans who believe elvis was alive. if you look at all the independent economists they say that it added two to 4% to gdp which is difference

between contraction and growth. probably created two to three million jobs. but you had an 8 million job hole. people wean interested in hearing doubling renewable energy. reforming, laying groundwork for health care reform. that it is reforming education ways even jeb bush and mitch daniels supported. lifted 7 million people out of poverty. adam: i understand the statistics but you made a comment in another interview. for instance, the electrical vehicle industry is here because of stimulus. and a lot of people would say, to that comment, the electric vehicle industry was here before stimulus. toyota was selling prius. honda was selling electric vehicles long before the economic collapse. >> they were hybrids. adam: they were hybrids. >> these are all-electric vehicles. what is absolutely new there is now going to be domestic u.s. electric battery industry where they poured $2 billion into it and helped, which also raised a few dal billion in private capital. now you've got 30 electric

battery factories before you had none with capacity to do half a million lech he can interest cars of the not only thing they're doing. they're also doing advanced biofuels. making internal combustion engines more efficient. they're doing wind and solar and geothermal. adam: i have to wrap-up. >> cleaner coal. adam: i got to wrap-up. quote from your book. families, businesses and governments were all saddled with debt leaving virtually no demand in the economy. deleveraging takes time. so does restoring confidence of the if we saddled the future generations with debt, how do we ever climb out of the hole? >> well, look, i mean, obama did inherit a $1.2 trillion deaf it. that hasn't really grown. what really makes deficits big, is, when people don't have jobs so they don't pay taxes. when corporations aren't making profits. so they're not paying taxes. depressions make, that's what make he is a deficit explode. things are not as good as it should be. but the people who said that oh, these big deficits will

create inflation and high interest rates, inflation has been low. and interest rates have been historically low. right now we're still having demand problem. you see what austerity, really severe austerity done for places like great britain and spain lapse right back into double-dip recession. adam: michael i appreciate you being here. we all agree there is no politician on the planet who doesn't enjoy a government funded photo-op. be well. >> that's for sure. thank you. adam: congress's bipartisan deal to keep the government's lights on suddenly leaving taxpayers with a nasty $8 billion surprise. details coming up. plus the drought of 2012 is shriveling crops across the united states but an astounding new report find this may be the most profitable year in history for the farm industry. we're going to explain why. "piles of money" coming up. ♪ ♪ the one and only, cheerios

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♪ . adam: so is everyone focuses on the huge deficit and trying to get the budget under control a new report from the congressional budget office shows republicans made a deal last month to spend $8 billion more than they thought necessary in 2013. the budget resulted in democrats and republicans

coming together to avoid a government shutdown. after tons of wrangling they agreed to spend 1.047 trillion in 2012. that was continuing resolution. it was based on cbo data. the cbo says the numbers are off. what does this mean? republicans agreed to spend more than they might have thought necessary. to answer the question, how does the cbo make a mistake like this in the first place we'll ask an expert, douglas holtz-eakin, former cbo budget director and president of american action forum. thanks for joining us. explain. how do you make a mistake like that, $8 billion. >> it is a projection. we're not done with 2012 spending yet and won't close the books on it until 30th. they're making best guess how we end up the fiscal year. you would be surprised. an agency can shovel money out the door pretty quickly coming at end of the year.

missing $8 billion would be hardly surprising. adam: i hope to make that mistake in future projections for my salary. >> we'll on that. >> the $8 billion is government saved and can do to use for something else or do they have to spend isn't. >> they don't have to spend it. it could sit in an account for years and years and take the money out not make it available for spending. the key to recognize what we're in situations like where we are now, where we don't have budgets, the senate has not passed a budget this three years you don't give agencies clear direction what they should and shouldn't do. they're trying to guess all the time what deal will be struck for three months, six months, whatever might be it makes it hard for agencies to do what they should do. sometimes they do what they shouldn't do. makes it very hard for someone like the cbo to make sure what happens. >> i hear ben bernanke pointing a finger at congress to avoid fiscal cliff.

let me ask you about that. the cbo put out a report that if we go of at fiscal cliff all kind of disaster could happen. could they be wrong? >> i think they're right on that. fiscal cliff is $440 billion in higher taxes. $200 billion in spending cuts. raise taxes by $440 billion, i guaranty the economy will go into recession. i think we're starting to see effects of fiscal cliff already and magnify through the fall. if you're a dividend investor see marginal tax rate go from 15 to 45%, that has to scare investors. that will hurt market performance. it will have feedbacks on the business community. growing at one 1/2, 1%, anything that goes wrong is really a danger. adam: so help me just figure all of this out because sometimes my eyes glaze over. fiscal cliff versus the $8 billion missed projection from cbo, these are totally two separate issues we're discussing? >> yeah. the $8 billion issue is what is the starting point for spending by the congress in the next year?

the fiscal cliff is, if congress and the administration don't do their job, and avoid a massive tax hike, and avoid a punitive across the board cut in defense spending, what will happen to the economy? there is no reason why the latter should happen. right now, it is in the interests of everyone to simply avoid that. adam: douglas holtz-eakin, thank you for joining us. have a great time in tampa, sir. >> thank you. adam: the u.s. may be suffering from the worst drought in half a century but new estimates find it may be the most profitable year in history for the farm industry. stunning details are next. at the end of the day it's all about money. ♪ . we have big dreams.

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♪ . adam: i hadn't heard that song in years. u.s. farmers said to enjoy the most profitable year in history despite experiencing the worst drought in over 50 years of the by the end of the year farm income will reach more than $120 billion, which is raising a few questions on whether or not additional government aid is necessary. joining us to discuss this,

governor jay heineman from nebraska, a state that has been hard hit by the drought and clearly is important when it comes to farming. sir, why this difference? i think in most people's mind drought means no money but basically why are we going to see record income on the farm this year? >> well, probably depends on what state you're in. part of it is going to be that the price you may get for your corn. some of it may be the crop insurance. but it really does depend where you're at. for example, nebraska, half our agriculture receipts come from livestock. they're very, very concerned. their input costs are up because of the cost of energy relative to what they're doing the high price of corn. so again, even within my state it varies from one region to another. >> and, when we talk about farm policy, farm issues you can't have that discussion without talking about the farm bill, a trillion dollar five-year spending plan. still working its way through congress. the critics of the legislation say, we need to

end, and you think you're in favor of this, ending direct subsidies. how does that play out? i don't think anyone truly understands the farm bill. how would that play out for people on the farm today? >> well let me tell you, most farmers and ranchers i know don't want direct payments. they want it to come from the marketplace. they do want to insure the possibility of some insurance when they experience the challenges we face this year with mother nature but, i don't know a single farmer and rancher who doesn't want that income to come from the marketplace. we would prefer that. you know, this is one of the riskiest businesses that you can be in because of mother nature. you're never also quite sure what your input costs are going it be but by and large the ag sector has been very strong over the past few years. it is one of the reasons nebraskans fared well despite national challenges. adam: what sup wit with the farm bill? if may ratings tank, i don't

get a tv subsidy to stay on air? i know you're not in favor of direct payments. why has this legislation stalled? >> i think really it is politics at this stage. the senate passed a bill. the house got one out of the ag committee but for whatever reasons they're not moving forward. like about every other bill in congress. no one is taking any action. they're afraid to make tough decisions. we need a farm bill. now the other issue that comes into play, 80% of the farm bill, most people don't know this, really is the newt tricks program. adam: right. >> the food stamp program. adam: bingo. >> there is a real question about the money being spent there. adam: there have been proposals to cut food stamps. can that be done without impacting or hurting people that need that assistance and yet bring the farm legislation into some kind of manageable budgetary control? >> well the key is, prioritizing the spending to make sure the most needy people get that. again you've got to find the right balance. it's tough give the national

economic climate. again here in nebraska we're much better off. our unemployment rate's 4%. the ag economy has been strong. somehow the congress and president need to get together. we do need a farm bill to provide certainty for the future. adam: talk about certainty, i was reading farmers will plant winner wheat next couple weeks. they need the legislation in place to find out what kind of insurance they can purchase. very quickly, usda expects food prices to go up 4%. do you think there is any chance we can divert that for american families? >> i don't know for sure. you know, none of us want to see food prices go up. we want, you know, certainty in the marketplace for our farmers. and right now, they just face a lot of challenges out there pause, like i say, in my entire state is in a severe drought. most parts of the state haven't had any moisture since the middle of may. adam: all right, sir. one last question, totally off top ibb. you were the first governor

to endorse mitt romney. speculation you might wind up with some kind of presidential appointment of the maybe a cabinet position. care to comment on that? >> well, here's what i would say. i know when you start thinking about that, whether it is political contest or athletic contest you fet in trouble. you have to win first and then you take care of the rest of it. you take care of that the other day. adam: i am no farmer, i think they call that counting your chickens before they hatch and i don't think you're doing that. >> you're exactly right on that one. adam: thank you, sir. thank you for joining us. >> you're welcome. adam: nebraska governor dave heineman down at republican national convention in tampa. a burrito late and penny short. chipolte customers are getting stiffed at cash registers on the east coast. a relic of world war ii giving munich, germany, a terrifying late-night wake-up. [explosion]

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adam: i feel old. i remember the original version of that but we won't go there. let's talk about fun with spare change. we're joined today by our favorite radio talk show host, monica crowley and very own dennis kneale from fbn and the first topic is one that will hit you right in the wallet. it registers with a lot of people. chipolte restaurants rounding up, or down to the nearest nickel your bill. chipolte only does it in new york and new jersey. it's busiest markets. we have one across the street. the restaurant chain says it cuts down on long lines and creates more efficiency because they have fewer small change transactions but they now say they will not round up, only down so customers get back every penny of change. do you really want all the pennies back, dennis? >> i was really saddened to see this, not because oh, my gosh it is terrible that chipolte is round up my pennies but sad to see this

made news because investigative reporter is that what investigative report something down to? i want to get through the line faster the take all the pennies. >> there are investigative reporters that count race since in your two scoops. we all been there. people don't want to get principle. >> what about the principle? this is stealing. chipolte said your bill came to this, we'll charge you a nickel more for convenes sake. adam: four cents more. >> whether it is four pennies or two pennies, essentially the restaurant is stealing from you in the name of efficiency. adam: they were also rounding down. doesn't it work out? >> now they're going to round down. adam: rounding down before too i believe. >> you about chances are they were more often than not rounding up. adam: honestly have you ever been in the line keep the pennies. >> when kills me someone insists making exact change. here i will give you a dollar. get out of the way. >> am i only one who stops on >> this say that i will give you a dollar and get out of the way.

>> make sure the penny is heads of the keep it up because are not dead. if you're going to be superstitious coming have to do it right. occupy wall street. protesters. striking again on september 17, which is the anticorporate movement's one-year anniversary. they are going to bring their very own handcuffs to the new york stock exchange to arrest bankers fred those of us who are jewish will not be a work at work that day. it is a jewish holiday. presumedly fewer people the handcuffed hancock, but they will go after the catholics and protestants. what you think of this? >> i'm surprised that it is as active as it is privy. they did say they would try to protest the democrats and the republican national convention. there are protest next week.

there will be some in charlotte as well. the fact that they are announcing this compass tells me that they have lost a lot of their speed and momentum. a lot of whatever instruments they may have had over the last year and they are still pushing their message. the majority of americans have accepted it. dennis is not what wall street and occupy wall street is trying to do? adam: do you not think that wall street would've prosecuted every banker that we could? occupy wall street -- it's a politely to say i think they should be shot. it's been a beautiful summer. where have they been for the last year? show up at the park. these guys, they were a failed movement existing on nothing

more than envy. when they say that they are going to handcuffed wall street bankers, this is ridiculous. [talking over each other] monica: consider the special request for that. remember that occupy wall street was set up to basically supply the democrats and the president with a scheme of income inequality speech you've just because it's really cool, take a look at this. adam: that was a 550-pound bomb discovered underground in munich, germany. they blew up last night. it was a whole national tv event around that. monica: it does look pretty spectacular. there are countless unexploded bomb from world war ii scattered throughout eastern europe. dennis well, you won't e